Focus report Copenhagen - Colliers Denmark 2024

OFFICE - COLLIERS FOCUS REPORT COPENHAGEN 2024

18

Copenhagen non-CBD

Typical rent levels

OFFICE

2021

2022

2023

2024 CHANGE 2023-24

Prime

1,650

1,700

1,750

1,800

2.86%

Østerbro

Secondary

1,150

1,200

1,250

1,300

4.00%

Prime

1,450

1,500

1,550

1,550

0.00%

Nørrebro

Secondary

850

900

950

950

0.00%

Prime

1,550

1,550

1,550

1,550

0.00%

Frederiksberg

Secondary

950

950

950

950

0.00%

Prime

1,500

1,575

1,675

1,775

5.97%

Hellerup

Secondary

1,150

1,200

1,300

1,400

7.69%

Prime

1,800

1,850

1,900

1,950

2.63%

Tuborg Havn

Secondary

1,300

1,350

1,400

1,450

3.57%

Prime

1,550

1,600

1,650

1,700

3.03%

Lyngby

Secondary

950

1,000

1,100

1,150

4.55%

Prime

1,250

1,300

1,350

1,375

1.85%

Gladsaxe

Secondary

775

850

900

925

2.78%

Prime

950

1,000

1,050

1,050

0.00%

The north corridor

Secondary

650

700

750

750

0.00%

Prime

950

950

950

950

0.00%

Birkerød

Secondary

600

600

600

600

0.00%

Prime

900

900

900

900

0.00%

Allerød

Secondary

650

650

650

650

0.00%

Prime

1,100

1,100

1,100

1,150

4.55%

Ballerup

Secondary

675

675

675

725

7.41%

Prime

1,200

1,250

1,250

1,250

0.00%

The west corridor

Secondary

650

700

700

700

0.00%

Prime

1,350

1,400

1,450

1,500

3.45%

Valby

Secondary

800

900

950

1,000

5.26%

Prime

1,600

1,700

1,750

1,800

2.86%

Carlsberg City Distric

Secondary

1,350

1,350

1,400

1,450

3.57%

Prime

1,350

1,450

1,500

1,550

3.33%

Sydhavn

Secondary

950

1,050

1,100

1,150

4.55%

Prime

1,500

1,500

1,500

1,500

0.00%

Amager

850

900

900

900

0.00%

Secondary

Prime

1,550

1,550

1,500

1,500

0.00%

Ørestad

1,000

1,000

950

950

0.00%

Secondary

Note: Rent levels quoted in DKK per sq m p.a., exclusive of operating costs and taxes, office, Copenhagen. Level in 2024 indicates Colliers' estimation at year-start. Source: Colliers