Focus Report Copenhagen - Colliers Denmark 2025

RETAIL - COLLIERS FOCUS REPORT COPENHAGEN 2025

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INDUSTRIAL AND LOGISTICS RETAIL RESIDENTIAL OFFICE

Copenhagen other central retail districts

Comprising the districts of Østerbro, Nørrebro, Vesterbro and Amagerbro, ‘brokvartererne’, i.e. the ‘bridge quarters’, form a semi-circle around the Copenhagen high-street area. Fur thermore, the sovereign municipality of Frederiksberg is considered a central city district in a retail context. In addition, although traditionally considered more peripheral districts, Valby, Vanløse, Hellerup and Charlottenlund are emerging retail destinations.

In general, each of the districts have a main shopping street, local retail areas and a local shopping centre. The composition of residents varies across the districts, but shops typically cater to local requirements, in terms of grocery shops, along with specialty shops and fashion retailers. Mimicking the overall retail market trend, the above city districts have seen a sharp increase in the number of specialty shops, including coffee shops, juice bars, bakery shops, cafés and restaurants. At prime locations, vacancy rates are very moderate and re-letting periods often short. Secondary locations, i.e. typically the locations situated the farthest from the Copenhagen city centre, account for most retail vacancies in the districts. Frederiksberg Among the central city districts outside the high-street market, Frederiksberg stands out as a shopping desti nation, headed by the thriving shopping streets of Gammel Kongevej and Falkoner Allé. In addition, the upscale avenue of Frederiksberg Allé, currently considered a slightly more secondary location compared to the above-mentioned streets, is expected to see increased footfall. Benefitting from a large and financially strong catchment area, Frederiksberg Centret, also marketed as FRB.C Shopping, ranks as a top-performing local shopping centre in Denmark. Following extensive expansion schemes in recent years, the shopping centre features 90

high-quality units arranged over three floors and offers one hour’s free parking in multistorey car park.

Østerbro Østerbro also ranks as an important non-CBD retail location, fronted by the traditional shopping streets of Østerbrogade and Nordre Frihavnsgade, both providing a varied and high-quality offering of shops run by mainly local retailers and domestic brands. Østerbrogade seems to attract mounting occupational demand, translating into an upward trend in rent levels. In 2023, Nordre Frihavnsgade was converted into a cycle street, where cars and buses now have to adapt to cyclists. This is to make Nordre Frihavnsgade a livelier shopping street. Furthermore, the district features a bustling restaurant and café environment. But unlike Frederiksberg, the district does not boast a centrally located shopping centre. Vesterbro In the district of Vesterbro, Vesterbrogade and to some extent also Istedgade are the main shopping streets. Over the past few years, Vesterbrogade has transformed from a traditional shopping street, today containing a large cluster of cafés and restaurants, especially on the stretch closest to the Copenhagen city centre. Broadly speaking, cafés and restaurants are thriving at Vesterbro, which is considered a favoured hotspot by Copenhageners, in particular the former meatpacking district, Kødbyen. In recent years, the new Tivoli Food Hall has also served to