Colliers Market Report Denmark 2023

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Office - Colliers Market Report 2023

Lautrupsgade 13-15, Copenhagen Ø

Strong letting market defies uncertain times Office occupational demand remained strong throughout 2022, a year of rising interest rates and high inflation, but also sky-high employment levels. New office market trends may trigger a call from tenants for shorter leases, flexible layouts and sustainable premises.

At year-start 2022, Danish economy boasted strong demand for goods and services as well as record-high employment. However, the war in Ukraine, a 40-year inflationary high and rising interest rates have given rise

to uncertainty. Nevertheless, the economy has largely retained momentum, and as 2022 wore on, office occu pational demand remained strong, not least in central districts of Copenhagen and Aarhus.