Residential__Locations

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Copenhagen Property Market Report 2018

and 25,0000 residents. Nearly 20,000 people already study in Ørestad. Ørestad is divided into distinctive sub-districts, Ørestad Nord, Ørestad Fælled Kvarteret, Ørestad City, Ørestad Down Town and Ørestad Syd. Sydhavnen Sydhavnen (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 is in close proximity of the Fisketorvet Copenhagen Mall shopping centre on the Kalvebod Brygge waterfront. Sydhavnen has three development areas, i.e. Enghave Brygge, Teglholmen and Sluseholmen. The district has become a highly popular residential location, reflected in brisk residential newbuilding activity in recent years. Sydhavnen will benefit from the Metro extension scheduled for commissioning in 2023, improving access to the area. In addition, a new combined road and footbridge across Teglholmsløbet is scheduled to open in the autumn of 2018 for pedestrians/ cyclists and in 2023 for car traffic, effectively connecting Sluseholmen to the south with Kalvebod Brygge to the north. Valby Valby is located about three kilometres west of the Copenhagen city centre. To the east, the area borders on the vibrant district of Vesterbro and to the north on the affluent district of Frederiksberg. The area has undergone large-scale urban renewal for the past ten years or so, creating a popular city district that commands ownership and rental prices on a par with the levels recorded in some of the most attractive districts of Copenhagen. Apart from renewal schemes, two major redevelopment sites will shape the future of the district. The 16-hectare former site of Grønttorvet (formerly a central vegetable market) will be developed with 234,000 sqm of primarily residential space, which translates into some 2,000 dwellings. Construction commenced in mid-2016 and the area is expected to be fully developed in 2021. As a tribute to its green history, the new city district will feature a central green hotspot ‘Grønttorvsparken’, a 23,000 sqm public park. Most of the district will likely be fully developed within the next 5 years.

Kanalkanten, Teglholmen, Copenhagen

At the former site of F.L. Smidth, the redevelopment of the Valby Have allotment society continues. With the first stages of conversion for