Focus Report Copenhagen - Colliers Denmark 2025

OFFICE - COLLIERS FOCUS REPORT COPENHAGEN 2025

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INDUSTRIAL AND LOGISTICS RETAIL RESIDENTIAL OFFICE

sq m commercial space (office, retail and F&B) at Nelson Mandelas Allé, called Engholmene Business Center. The project consists of the properties Boathouse, Ware house, Lighthouse and Powerhouse. At present, there is uncertainty as to whether the project will be realised and when. The office component of the project will be built as multi-user buildings. Christianshavn Christianshavn, located on the Amager side of the harbour, is a popular mixed-use residential and office area with a special ambience due to scenic canals and the old fortifi cation line. Redeveloped old warehouses and modern office buildings blend together. Kuglegården, the former naval base, is an example of this, where Mogens de Linde is exten sively restoring existing buildings in the area, while also constructing new office buildings, such as Proviantgården, which fits in well with the area's existing building stock. Proviantgården is expected to be ready for occupancy by the end of 2025. Major occupiers include ministries, banks and other financial institutions as well as creative businesses, including architects and advertising agencies. In 2023, Netcompany moved into Nordea's former head office at Strandgade, which has been refurbished and now houses 1,600 employees who were previously located at other sites in Copenhagen. Islands Brygge Similarly located on Amager, opposite Kalvebod Brygge and Havneholmen, this former industrial area has over the past 20 years been redeveloped into an attractive city district with housing and offices. The area benefits from easy access to both the city centre, the motorway grid and Copenhagen Airport. The office stock is characterised by repurposed former industrial buildings. Nordhavn Still under development, the vibrant and prestigious new city district of Nordhavn (north harbour) houses several financial businesses and law firms, valuing the up-to-date, space-efficient and flexible office premises in the area, easy access to the municipalities north of Copenhagen and its ample parking facilities.

The district has seen a lot of interest and activity in recent years and is now generally considered to be part of the Copenhagen CBD due to the attractiveness of the area, with a waterfront location close to the affluent northern suburbs and a relatively short distance to the city centre. Several large companies have chosen to move their head quarters to Nordhavn, including Nykredit and AP Pension, both relocating to Svanemølleholm in late 2024. Other large companies such as Accura and Nilfisk moved into their new headquarters back in 2023. The groundbreaking ceremony for the law firm Bruun & Hjejle's new head quarters at Svanemølleholm took place in late 2024, and the building is scheduled for completion in early 2027. Nordhavn is home to spectacular office buildings, including the highly sought-after Portland Towers, and in mid-2026, the construction of one of Denmark's largest wooden buildings, Marmormolen, is scheduled for completion. Marmormolen is a sustainable project being built by AP Pension, where the use of wood helps reduce CO2 emis sions by 50%. Having acquired 13,700 sq m building rights at Trælast holmen in 2025, MT Højgaard is also planning to build offices in a hybrid construction where parts of the concrete will be replaced by wood. Another example is PFA. Like other players in the office market, PFA has rethought the traditional office concept and launched the multi-user building The Union on Lautrupsgade and the newly built, DGNB Platinum-certified office building Tromsø. Industriens Pension, which is building the new office domicile for Bruun og Hjejle (see above), is yet another example of a pension company aiming to get a building certified to the DGNB Platinum standard. Thanks to its proximity to Nordhavn S-train station and two metro stations, the district benefits from great accessi bility. In addition, in 2023, the Danish Parliament approved a proposal allowing the Metro Company to place two addi tional stations in the Nordhavn district, which will further approve access to the district. The stations are scheduled for commissioning in 2030.