MR 2018

39

Copenhagen Property Market Report 2018

Net migration turns negative as population growth is largely supported by immigration

Structural change in population forecast

100 110 120 130 140 150 160 170 180 190

-3,000 -2,000 -1,000 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000

10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40

06 07 08 09 10 11

12 13 14 15 16

Net migration

Net immigration

Birth surplus

0-20 21-30

31-40 41-65

+66

Note: Breakdown of population growth (no. of people), Copenhagen and Frederiksberg.

Note: Population growth by age groups, 2010-2014 (no. of people), Copenhagen. (index 100 = 2010)

Source: Statistics Denmark

Source: Statistics Denmark

Supply pipeline of building rights is limited in view of current population forecast

Nordhavn 1,400,000 sqm

Total remaining 2,475,000 sqm

Copenhagen

Site

Development start

Development end

Nordhavn

2013

2050

Ørestad

2000

2021

Carlsberg City District 250,000 sqm

F.L. Smidth and Grønttorvet

2011

2022

Amager Strandpark 250,000 sqm

Sydhavnen

2004

2025

F.L. Smidth and Grønttorvet 175,000 sqm

Amager Strandpark Carlsberg City District

2006

2022

2012

2024

Sydhavnen 275,000 sqm

Ørestad 125,000 sqm

Sources: By & Havn, City of Copenhagen, Carlsberg Byen and Sadolin & Albæk Note: Estimated remaining building rights in sqm, City of Copenhagen.