Locations descriptions.Office

2

Copenhagen Property Market Report 2018

Office Copenhagen CBD

Typical rent levels, Copenhagen CBD, office

Market Expectations

Change

2015

2016

2017

2018

2018

Prime

(1) Government District 1

na

na

na

na

na

Secondary

na

na

na

na

na

(2) Pedestrian District

1,350

1,350

1,350

1,550

15%

1,000

1,050

1,050

1,050

0%

(3) Banking District

1,450

1,500

1,500

1,700

13%

1,050

1,050

1,100

1,250

14%

(4) Frederiksstaden

1,550

1,600

1,600

1,650

3%

1,100

1,150

1,200

1,250

4%

(5) Rosenborg District

1,450

1,450

1,450

1,500

3%

1,000

1,100

1,150

1,150

0%

(6) City Hall and Central Station District

1,700

1,750

1,850

1,950

5%

1,000

1,050

1,100

1,100

0%

(7) Kalvebod Brygge/ Havneholmen 2

1,750

1,800

1,750

1,750

0%

1,400

1,400

1,450

1,450

0%

(8) Christianshavn

1,650

na

1,300

na

(9) Islands Brygge

1,300

1,350

1,450

1,450

0%

900

900

950

950

0%

1 na = not available, as an actual letting market in the ordinary sense is virtually non-existent due to prevalence of public-sector tenants. 2 Postal code DK-1400 changed to DK-1450 effective 2017, with Christianshavn and Islands Brygge now separate districts. Note: Rent levels quoted in DKK per sqm p.a. exclusive of operating costs and taxes.

Source: Sadolin & Albæk