Focus report Copenhagen - Colliers Denmark 2024

RESIDENTIAL - COLLIERS FOCUS REPORT COPENHAGEN 2024

34

Most of the district is designated for a mix of housing, including multi-storey apartment blocks, terraced houses and town houses. The development is driven by a focus on creating a green and family-friendly district, its appeal being supported by excellent connectivity in terms of metro and bus services along with proximity to green spaces and central Copenhagen, all within biking distance. In 2022, property giant Nuveen Real Estate made their first investment in Denmark by acquiring 390 student housing units in the Bryggens Bastion area. The landmark of the area is Njals Tårn, a construction project by Bach Gruppen, which was halted in 2020. Despite a new deadline for completion in mid-2023, the controversial tower still stands as an unfinished sketch in the city scape. Currently, both Bach Gruppen and the Technical and Environmental Administration of the City of Copen hagen are working on finalising the final reports before the final work can begin. Jernbanebyen Involving approx. 365,000 sq m floorspace, Jernbanebyen (railway city) is one of Copenhagen’s largest development areas, and one of the very last in central Copenhagen. DSB Ejendomsudvikling, Novo Holding, Industriens Pension and NREP have entered into a mutual agreement to develop the area in a conditional joint venture, enabling a joint ownership of the development area once a local plan has been adopted. Jernbanebyen has its own characteristic identity, shaped by the area’s former industrial identity as a hub for railway traffic. Today, for instance a former railway depot has been repurposed into a community centre/venue. In addition, the area forms a natural link between the modern skyline of Sydhavn and historical Vesterbro. These factors are fundamental to the overall vision of creating a new city district that combines the best qual ities of both worlds, the present and the past: innovation and sustainability with history and singularity. Sustainability in particular will be a recurring trend for the neighbourhood, which will pave the way for the sustainable cities of the future as a global pilot project launched by the international city network C40. The

Jernbanebyen