Office Locations MR2020

2

Location descriptions | Office – Market Report 2020

Office Copenhagen CBD

Typical rent levels, Copenhagen CBD, office

Change

Market Expectations

2017

2018

2019

2020

2019-20

2020

Prime

(1) Government District 1

na na

na na

na na

na na

na na

Secondary

(2) Pedestrian District

1,350

1,550

1,600

1,600

0%

1,050

1,050

1,100

1,100

0%

(3) Banking District

1,500

1,700

1,700

1,750

3%

1,100

1,250

1,300

1,350

4%

(4) Frederiksstaden

1,600

1,650

1,700

1,750

3%

1,200

1,250

1,350

1,400

4%

(5) Rosenborg District

1,450

1,500

1,600

1,650

3%

1,150

1,150

1,200

1,250

4%

(6) City Hall and Central Station District

1,850

1,950

1,950

2,050

5%

1,100

1,100

1,150

1,200

4%

(7) Kalvebod Brygge/ Havneholmen 2

1,750

1,750

1,800

1,850

3%

1,450

1,450

1,450

1,450

0%

(8) Christianshavn

1,650

1,650

1,700

3%

1,300

1,300

1,300

0%

(9) Islands Brygge

1,450

1,450

1,450

1,550

7%

950

950

950

1,000

5%

(10) Nordhavn

1,750

1,750

1,750

1,850

6%

1,250

1,250

1,300

1,350

4%

1 na = not available, as an actual letting market in the ordinary sense is virtually non-existent due to prevalence of public-sector tenants. 2 Postal code DK-1400 changed to DK-1450 effective 2017, with Christianshavn and Islands Brygge now separate districts. Note: Rent levels quoted in DKK per sq m p.a., exclusive of operating costs and taxes. Market expectations indicate trend forecast for the next 12 months.

Source: Colliers