Focus report Copenhagen - Colliers Denmark 2024

RESIDENTIAL - COLLIERS FOCUS REPORT COPENHAGEN 2024

31

INDUSTRIAL/LOGISTICS RETAIL RESIDENTIAL OFFICE

Strunges Hus and Mørchs Hus, Ørestad, Copenhagen S

Main residential development areas Ørestad (including Bellakvarter) Dating back only to 1997, Ørestad is a relatively new Copenhagen mixed-use commercial and residential district that extends more than five kilometres from the outskirts of the Copenhagen city centre to the edge of Copenhagen Airport on the island of Amager. The district has six metro stations, among them Ørestad station, which also provides regional train links to a wide catchment area, including Malmoe in Sweden. Once fully developed, in about 12 or 13 years from now, the district will house 3.1 million sq m floorspace, with commercial uses accounting for 50%, residential for 40% and cultural facilities, services, retail trade and institutions for the residual 10%. Some 26,000 people already live in Ørestad, which is one of the districts of Copenhagen that has the youngest residents, with more than 50% aged between 20 and 39. Ørestad is divided into distinctive sub-districts, Ørestad Nord, Ørestad City and Ørestad Syd. The next stages in the development of Ørestad are Bellakvarter and

Ørestad S. On scheduled completion in 2024, Bellakvarter will comprise a total of 265,000 sq m residential and commercial space, while the residential part of Ørestad Syd is scheduled for completion in 2025. Nordstern and Heimstaden are building 203 DGNB Gold-certified student housing units, scheduled for completion in 2024. Similarly, a sustainable cohousing community, Grønne Eng, was completed in Ørestad in 2023. To support the development that is currently taking place in the neigh bourhood, primary school Arenakvarterets Skole will open in 2024, next to the Royal Arena multiarena and regional shopping centre Field's. Sydhavn Sydhavn (the south harbour) is a harbour district about two kilometres south of the Copenhagen city centre, bordering on new office buildings, hotels, etc. Furthermore, it lies in proximity of the Fisketorvet Copen hagen Mall shopping centre on the Kalvebod Brygge waterfront. Sydhavn has multiple development areas, including Enghave Brygge, Teglholmen, Sluseholmen and