Market Report 2022

Colliers Market Report 2022

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Hotel Industri & logistik Detail Bolig Kontor I ial/logistics R Residential Of f ice

Attractive development sites becoming scarce Although the market is ripe for speculative building, the big question remains where to build. It can be particularly diffi cult to find available development sites in prime logistics loca tions in the south corridor outside Copenhagen as well as out side Aarhus. For lack of options, both tenants and investors are likely to turn to new locations. On Zealand, Ringsted is a location with good prospects of development activity brisking up soon. Given its central location next to the motorway grid, the town offers businesses relatively short travel times to several major provincial towns and cities, both on Funen and on Zealand, along with an ample supply of well-located building sites. Hedehusene, where DSV is currently building a storage facil ity of some 95,000 sq m, is another location likely to come into play. In addition, several areas in the southern part of Zealand and the islands of Lolland-Falster are expected to be revived as logistics locations when the Fehmarnbelt Fixed Link is scheduled for commissioning in 2029.

ing years, that is, schemes involving the demolition of old and functionally obsolete buildings to allow for newbuilding. This could well be an attractive option in many of the best located areas. Old-stock facilities prone to higher vacancy risk may in many cases be torn down to give way to contemporary build ings that are far more future-proof. Today’s favourable mar ket conditions make it possible to carry out such cost-intensive brownfield developments at a profit and at relatively low risk.

Apart from new areas coming into play, so-called brown field developments are expected to pick up pace in the com