Colliers Market Report Denmark 2023

Hotel - Colliers Market Report 2023

108

Renewed investor demand sustains yield levels

0% 1% 2% 3% 4% 5% 6% 7% 8%

13

14

15

16

17

18

19

20

21

22

23

Prime

Secondary

Note: Net initial yields, Copenhagen hotels let on long leases (15+ years). Source : Colliers

Key investment transactions

Property

Location

Seller

Buyer

Sq m Price 1

Yield

Arp-Hansen Hotel Group

The Square

14,700

550

4.00% 2

Copenhagen V

Danica

25hours Hotel 3

Copenhagen K

Danica, etc.

Union Investment

na

~400 4

na

Copenhagen Food Collective (Cofoco)

Hotel Kong Frederik Copenhagen K

2,270

149

na

Private investor

Note: 1 Prices quoted in DKK million (rounded figures). 2 Estimated yield. 3 Hotel project, 128 rooms, scheduled for completion in 2024. 4 Estimated price. Source: Colliers

AC Hotel Bella Sky, Ørestad, Copenhagen S