Office Locations MR2020

Location descriptions | Office – Market Report 2020

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OFFICE HOTEL RETAIL INDUSTRIAL REGIONS RESIDENTIAL

government and quasi-government organisations, but the growing presence of shops and restaurants has had a positive effect on the overall appeal of the district.  The City Hall and Central Station District Situated near City Hall Square (Rådhuspladsen) and Copenhagen Central Station, this district has transformed in recent years, spearheaded by the spectacular and brand-new Axel Towers office complex. Together with Industriens Hus on the corner of Vesterbrogade and H. C. Andersens Boulevard, Axel Towers has consolidated the district’s status as the most expensive office location in Copenhagen. Today, the district offers a varied mix of relatively efficient large- scale office domiciles with underground parking facilities and small to medium-sized offices in older multi-tenant buildings. The district benefits from excellent access by public transport, with the Central Station serving as an important hub, and the new Metro station at City Hall Square has further improved conditions. Considered a classic city-centre location, the district is home to major law firms, trade unions, industry associations and financial institutions. In addition, governmental and municipal agencies account for quite a large share of office users. One of the largest and most prominent construction schemes in the district is Postbyen. It is joint development by pension funds Danica and ATP on the former post office site, Posthusgrunden, at Bernstorffsgade, which over time will add about 75,000 sq m of up-to-date office space to the existing office supply. The development of this site is expected to expand the CBD as well as enhance the district’s position as a central Copenhagen office location.