MR 2018

51

Copenhagen Property Market Report 2018

Consumer confidence is rebounding

20

20

15

15

10

10

5

5

0

0

-5

-5

-10

-10

-15

-15

-20

-20

08

09

10

11

12

13

14

15

16

17

Consumer confidence indicator (l. axis)

Financial situation of the household over the next 12 months (r. axis)

Note: Consumer expectations (net figures) according to indicator and over time. Financial situation in this context means Danish households’ own perception of their future financial situation.

Source: Statistics Denmark

Danes love online shopping

58.9%

63.6%

67.5%

70.0%

73.4%

77.4%

77.7%

78.9%

81.5%

2008

2009

2010

2011

2012

2013

2014

2015

2016

Note: Share of individuals aged 16-74 ordering goods or services online, Denmark. Source: European Commission, Digital Scoreboard

Yield spread is narrowing

4% 5% 6% 7%

3%

2%

0% 1%

08 09 10 11

12 13 14 15 16 17 18

Prime, Copenhagen

Secondary, Copenhagen

Sources: Sadolin & Albæk and JLL Note: Net initial yields, high-street retail.

Prime, London

Prime, Berlin

Prime, Paris