Market Report 2022

Colliers Market Report 2022

39

Hotel Industrial/logistics Retail Residential Of f ice

Lautrupsgade 13-15, Copenhagen Ø

market, the pricing may possibly involve yields below the cur rent levels as the competitive situation in the investment mar ket potentially drives them further down. Although the prime yield was 3.00% in Copenhagen at year-start 2022, it cannot be ruled out that centrally located properties with a strong tenancy situation could trade at yields below this level.

Nevertheless, some uncertainty continues to prevail in the mar ket, with a substantial pipeline in Copenhagen and Aarhus, a still ongoing COVID-19 pandemic and a transforming office occu pational market all representing factors that could shape the office investment market in 2022. At the beginning of 2022, indi cators however suggest that current yield will stabilise.

 RASMUS OVERGAARD , rasmus.overgaard@colliers.com  MADS-EMIL GRANZOW , mads-emil.granzow@colliers.com

Danish investors were buyers in most office transactions in 2021

Core-property remained investors’ top picks

68% Core

21% Value-add

7% Opportunistic

Risk profile

4% User

45 % International

55 % Domestic

Note: Transaction volume in Denmark, office, by investor origins and risk profile. Source: Colliers