Market Report 2022

Retail - Colliers Market Report 2022

62

Retail summary

Transaction volume DKKbn

When the first lockdowns hit society in 2020, virtu ally all shopping goods stores, shopping centres and cinemas were forced to shut down, allowing mainly shops selling or delivering vital articles such as gro ceries and medicine to stay open. This further accelerated the transformation that had already started five years earlier, when e-commerce and the experience economy made their entry in the otherwise so traditional seg ment. Similarly, marketing channels have seen a shift from flyers and advertising circulars to include a range of digital, direct and indirect media that only parts of the retail sector had formerly taken into use.

8

4

Gt. Copenhagen Denmark

Share of total transaction volume

8% Denmark

6% Gt. Copenhagen

Stable yields in Greater Copenhagen

0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10%

Share of foreign investors

39% Denmark

48% Gt. Copenhagen

13

14

15

16

17

18

19

20

21

22

Decentralised outlets

High street

Regional/local shopping centres

Note: Based on transaction volume for retail in 2021, Denmark. Source: Colliers

Note: Net initial yields, retail, Greater Copenhagen. Source: Colliers