Copenhagen Property Market Report 2020

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Copenhagen Property Market Report 2020

Prospects of sustained housing shortage for years to come

2,000,000

40,000

20,000

1,900,000

0

1,800,000

-20,000

OFFICE HOTEL RETAIL INDUSTRIAL REGIONS RESIDENTIAL

1,700,000

-40,000

1,600,000

-60,000

1,500,000

-80,000

-100,000

1,400,000

20

21

22

23

24

25

26

27

28

Acc. de cit, sq m (r. axis)

Housing de cit, sq m (l. axis)

Note: Added supply is slow to catch up with demand due to a backlog of accumulated demand (sq m space). Sources: Statistics Denmark and Colliers

Ongoing development schemes

Supply pipeline, major Copenhagen development areas, 2020-2022

Site

Development start

Development end

Nordhavn

2013

2050

Bellakvarter, Ørestad Ørestad Syd F.L. Smidth and Grønttorvet Sydhavnen Amager Strandpark Carlsberg City District

Nordhavn 48,000 sq m

2015

2024

2014

2027

2011

2022

2004

2025

2006

2022

Amager Strandpark 168,000 sq m

Carlsberg City District 142,000 sq m

2012

2024

Note (map): Supply pipeline 2020-2022 in development areas in City of Copenhagen. Source: Byggefakta

Sydhavnen 209,000 sq m

F.L. Smidth and Grønttorvet 146,000 sq m

Bellakvarter 94,690 sq m

Ørestad S 177,362 sq m