Colliers Denmark Market Report 2025

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INDUSTRIAL AND LOGISTICS - COLLIERS MARKET REPORT 2025

HOTEL INDUSTRIAL AND LOGISTICS RETAIL RESIDENTIAL OFFICE

Investors are active in a competitive market

The investment market for industrial and logistics properties showed great strength in 2024, and with a 25% share of the total transaction volume, the segment was the second largest after residential. Although the investment property market in general has been chal lenged in 2024, industrial and logistics properties are in high demand. The buyer base consists primarily of international funds and sector specialists, most of which have either a core+ or a value-add investment profile. What investors have in common is their confidence in the strong Danish occupational market and the gener ally bright outlook for the future. We have seen this espe cially in Greater Copenhagen, where investors are very

aware of the low supply of attractive properties, includ ing for last mile logistics, and are therefore willing to buy at lower yields. However, not only Greater Copenhagen is attracting substantial investor demand. We have seen multiple sale-leaseback transactions, the most noteworthy being Catena's acquisition of DSV's new logistics centre in Horsens, the largest transaction of the year with a price tag of DKK 3.3 billion. Entering 2025, we see clear signs that industrial and logis tics properties will also be among investors' favourite acquisition targets in the next 12 months, and we expect yield requirements to decrease slightly as 2025 wears on.

Project Proximity, Gydevang, Allerød