MR 2018

77

Copenhagen Property Market Report 2018

Decreasing net initial yields on properties let on long industrial/logistics leases

Decreasing net initial yields on properties let on short industrial/logistics leases

10%

10%

9%

9%

8%

8%

7%

7%

6%

6%

5%

5%

08 09 10 11

12 13 14 15 16 17 18

08 09 10 11

12 13 14 15 16 17 18

Prime

Secondary

Prime

Secondary

Note: Net initial yields, industrial/logistics short lease, Copenhagen. Source: Sadolin & Albæk.

Note: Net initial yields, industrial/logistics long lease, Copenhagen.

Source: Sadolin & Albæk.

Prime location and long leases narrow yield interval

Interval

Interval

8.50%-12.00%

Interval

5.75%-6.25% Interval

6.75%-8.00%

6.75%-7.75%

3.50%

1.25%

1.00%

0.50%

Prime Long lease

Prime

Secondary

Secondary

Short lease

Short lease

Long lease

Note: Net initial yield based on contract duration and location.

Source: Sadolin & Albæk