Focus report Copenhagen - Colliers Denmark 2024

OFFICE - COLLIERS FOCUS REPORT COPENHAGEN 2024

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INDUSTRIAL/LOGISTICS RETAIL RESIDENTIAL OFFICE

considering its central location, not least thanks to new underground parking facilities in the district.

Today, the district offers a varied mix of relatively effi cient large-scale office domiciles with underground parking facilities and small to medium-sized offices in older multi-tenant buildings. The district benefits from excellent access by public transport, with Copenhagen Central Station serving as an important hub. Considered a classic city-centre location, the district is home to major law firms, trade unions, industry associations and financial institutions. In addition, governmental and municipal agencies account for quite a large proportion of office users. One of the largest and most prominent construction schemes in the district is the Postbyen (post city) devel opment by a joint venture of pension funds Danica and ATP on the former post office site at Bernstorffsgade, which is expected to provide Copenhagen with 7,500 new workplaces. The first stage, involving the new Danske Bank 73,000 sq m head office, has already been completed. Among other things, the second stage involves the addition of a 34,000 sq m office building, The Stamp, accommodating some 2,000 workplaces. Lease units vary in size from 845 to 5,991 sq m, accommodating 42-399 office workers. When completed, the Postbyen development is expected to expand the CBD as well as enhance the district’s position as a central Copenhagen office location.

The Rosenborg District Surrounding Rosenborg Castle and the King’s Garden, the Rosenborg District offers both large-scale office premises and smaller leases in older town houses with a relatively space-efficient layout and modern exterior. Both Nørreport station and the Kongens Nytorv metro station are in the immediate vicinity of the district, with Nørreport offering regional and S-train as well as metro and bus services. Parking is scarce at street level, but several underground parking facilities are available. Traditionally, the district has been preferred by the media as well as government and quasi-government organisa tions, but the growing presence of shops and restaurants has had a positive effect on the district’s overall appeal. The City Hall and Central Station District Situated near City Hall Square (Rådhuspladsen) and Copenhagen Central Station, this district has trans formed in recent years, spearheaded by the spectacular Axel Towers office complex. Together with Industriens Hus on the corner of Vesterbrogade and H. C. Andersens Boulevard, Axel Towers has consolidated the district’s status as one of the most expensive office locations in Copenhagen.