Colliers Market Report Denmark 2023

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Retail - Colliers Market Report 2023

Retail summary

Transaction volume DKKbn

17

9

The retail sector was still recuperating from the coronacrisis, when the war in Ukraine overnight triggered energy price hikes, record-high infla tion and widespread gloom, and consumer confi dence took a plunge. As conditions have turned grim for shops and eateries, land lords may be facing an increase in vacancies unless they are ready to be flexible when dealing with tenants. Investors have become more guarded and discerning, but well-located shop units and properties remain in demand. The emergence of new concepts is sparking renewed occupational demand.

Denmark

Gt. Copenhagen

Share of total transaction volume

20 % Denmark 18 % Gt. Copenhagen

Slight uptrend in Greater Copenhagen yields

Share of foreign investors

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

63 % Denmark

62 % Gt. Copenhagen

14

15

16

17

18

19

20

21

22

23

Decentralised outlets

High street

Regional/local shopping centres

Note: Based on transaction volume for retail in 2022, Denmark. Source : Colliers

Note: Net initial yields, retail, Greater Copenhagen. Source: Colliers