Colliers København Delrapport 2023 UK

logistics centre in spring 2022, followed by Movianto, taking a 16,000 sq m lease in the new logistics centre.

oped, E20 Park Copenhagen is expected to comprise 150,000 sq m in total. Currently, some 35,000 sq m is under construc tion. Avedøre The industrial district of Avedøre Holme south of Copenha gen is characterised by a substantial proportion of outdated facilities. Nevertheless, Avedøre Holme benefits from an out standing location right next to the E20 motorway, effectively cutting transport times to Copenhagen. As the district is somewhat isolated from the surrounding residential areas, environmental concerns are slightly less of an issue. Given its strong logistics location, Avedøre Holme could be- come a popular district if newbuilding opportunities arise in the future. It is currently being discussed whether to expand Avedøre Holme. Such an expansion could boost the area. In January 2019, a consortium of the Danish Government, the Municipality of Hvidovre and the City of Copenhagen introduced a plan to establish ‘Holmene’, nine islands off Avedøre Holme, with development of the 3.2 million sq m

At Høje-Taastrup, Copenhagen Markets (Grønttorvet) com prises three large-scale warehouses with a total roofed-up area of 67,000 sq m on a 220,000 sq m site. It is the largest wholesale marketplace for fruit and vegetables in Scandi- navia. At Greve, MG Real Estate has completed the first stage of the speculative construction of MG Parc Greve Distribution Center (GDC), a state-of-the-art logistics facility right next to the main motorway, on a 230,000 sq m site has finished. The first stage comprises 100,000 sq m logistics space, let to tenants like Hobbii and Interdan. At Solrød Strand, construction has started on E20 Park Copenhagen. When fully completed, it will be one of Den mark’s largest logistics parks, offering a broad range of lease units and unit sizes. The park is developed by Verdion and Aviva, with the first stage now completed, comprising some 50,000 sq m speculative building. When fully devel

New market outlook reflected in yield levels

10.00%

9.00%

8.00%

7.00%

6.00%

5.00%

4.00%

3.00%

18

19

20

21

22

23

Non-CBD Prime

Short lease Secondary

Short lease Prime

Non-CBD Secondary

Note : Net initial yields, industrial and logistics, Copenhagen. Level in 2023 indicates Colliers' estimation at year-start. Source : Colliers.