Newsletter Q3 2017 UK

Newsletter Q3 2017

PROPERTY MARKET INDICATORS 2016 2017

Rent levels

Q2

Q3

Q4

Q1

Q2

Q3

DKK/sqm/year excluding operating costs and taxes Copenhagen Prime

1,800

1,800

1,800

1,800

1,800 1,200 1,400

1,850 1,200 1,400

Secondary

1,150

1,150

1,150

1,175

Aarhus

Prime

1,350

1,400

1,400

1,400

Secondary

775

775

775

800

800

800

Triangle Region

Prime

1,000

1,050

1,050

1,050

1,050

1,050

Secondary

550

550

550

550

550

550

Net initial yields % Copenhagen

Prime

4.00 6.25 4.75 6.25 5.50

4.00 6.25 4.50 6.25 5.50

4.00 6.00 4.50 6.25 5.25

4.00 6.00 4.50 6.25 5.25

4.00 5.75 4.50 6.00 5.25 7.00

4.00 5.75 4.50 6.00 5.00 6.75

Secondary

Aarhus Office Retail Industrial** Rent levels Aarhus Triangle Region Net initial yields % Copenhagen Aarhus Triangle Region Vacancy rates % Greater Copenhagen Aarhus Triangle Region Rent levels Aarhus Triangle Region Net initial yields* % Copenhagen Aarhus Triangle Region Vacancy rates % Greater Copenhagen Aarhus Triangle Region Triangle Region Vacancy rates % Greater Copenhagen Aarhus Triangle Region

Prime

Secondary

Prime

Secondary

7.25

7.25

7.25

7.25

9.40 8.90 8.90

9.60 8.50 8.80

9.30

8.60 7.60 8.70

8.20 7.50 8.60

7.60 7.80 9.30

9.10

8.90

2016

2017

Q2

Q3

Q4

Q1

Q2

Q3

DKK/sqm/year excluding operating costs and taxes Copenhagen Top

23,500 17,500 8,500 6,000 3,000 3,000

24,000 17,500 9,000 6,300 3,000 3,000

24,000 17,500 9,000 6,300 3,000 3,000

24,000 17,500 9,000 6,300 3,000 3,000

24,000 17,500 9,000 6,500 3,000 3,000

24,000 17,500 9,000 6,500 3,000 3,000

High

Average

Top

Average

Top

Average

1,250

1,250

1,250

1,250

1,250

1,250

Prime

3.50 6.00 4.00 6.25 5.25 7.50

3.50 6.00 4.00 6.25 5.25 7.50 3.70 6.00 9.40 575 325 425 275 425 275 6.25 8.75 6.50 8.75 6.50 10.00

3.25 5.75 4.00 6.25 5.00 7.50 3.90 5.60 9.00 575 325 425 275 425 275 6.25 8.50 6.50 8.50 6.50 9.75 2.70 4.00 2.90

3.25 5.75 4.00 6.25 5.00 7.50 3.80 5.50 9.40 575 325 450 275 425 275 6.00 8.50 6.25 8.50 6.25 9.75

3.25 5.50 4.00 6.00 5.00

3.00 5.25 4.00 6.00 5.,00

Secondary

Prime

Secondary

Prime

Secondary

7.25

7.25

4.00 5.50

3.80 5.50

4.40 5.30 8.40

9.10

8.10

2016

2017

Q2

Q3

Q4

Q1

Q2

Q3

DKK/sqm/year excluding operating costs and taxes Copenhagen Prime

575 325 400

575 325 450 275 425 275 6.00 8.25 6.25 8.50 6.25 9.50

575 350 450 275 425 275 6.00 8.25 6.25 8.50 6.25 9.50

Secondary

Prime

Secondary

275

Prime

400

Secondary

275

Long Short Long Short Long Short

6.25 9.00 6.50 9.00 6.75 10.00

3.40 4.00 2.90

3.10

2.70 3.90 2.90

2.30 3.60 2.80

2.40 3.40 2.30

3.90 2.60

*Long and Short denotes the lease term **Industrial includes production, storage and logistics facilities

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