Colliers København Delrapport 2023 UK

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Copenhagen Local market report to Colliers Market Report 2023

Hellerup and Tuborg Nord Hellerup and Tuborg Nord on the waterfront are among the most attractive office areas north of the Copenhagen CBD, featuring a modern office building stock with street level or underground parking facilities. Access by car is fair- ly good, but the district lacks top-tier public transport as the main train station is not ideally situated vis-à-vis the of fice clusters of the district. There are no plans to link the district to the Copenhagen Metro. Tuborg Nord has traditionally been preferred by law firms, professional consultancies and financial institutions, but the location is increasingly competing with other office loca- tions such as Nordhavn that offer more competitive rent levels and lower property taxes. In addition, demand has somewhat shifted towards smaller offices in the older build ing stock in other areas of Hellerup. Lyngby/Gladsaxe Supported by excellent motorway access, the Lyngby and Gladsaxe office locations have seen mounting demand in recent years. Located near the affluent residential districts of northern Zealand and a short distance from Copenhagen,

the district offers lease opportunities for domestic and inter national companies in search for large-scale office premises.

Furthermore, knowledge-intensive businesses prefer the lo- cation as DTU provides a large pool of highly skilled labour. As a result, businesses in the fields of IT, insurance and bio- tech, etc. have settled in the vicinity. Current large-scale office users include Microsoft, Maersk Drilling, Jyske Real- kredit, Danica Pension and COWI. The north corridor Covering large areas along the motorway to Elsinore (Hel- singør), the north corridor stretches across office parks in Vedbæk, Hørsholm, Nivå and Kokkedal, dating mainly from the 1980s. Located close to the motorway, the district bene fits from good access by car, whereas access by public trans port is limited due to the area not being connected to the S-train grid. Linking Elsinore in the north and Copenhagen in the south, the routing and stops of the coastal railway (Kystbanen) are not ideally located vis-à-vis the office areas in the north corridor, which are therefore hampered by relatively poor public transport options.