Copenhagen no. 5 for real estate investment in Europe
26 January 2016
Property and Construction
Copenhagen is among the five leading cities for investment prospects in 2016, according to Emerging Trends in Real Estate Europe. If you are attending this year’s MIPIM event, stop by the Greater Copenhagen stand and we will be happy to show you your business opportunities.
This year, Copenhagen has emerged from recession positively and is ranked number five for investment in the Emerging Trends in Real Estate Europe 2016, by PWC and Urban Land Institute.
The Danish capital is praised for good dynamics in terms of younger segments of the population with growth potential.
"I believe in the growth of Copenhagen and surrounding region because of the development of sectors such as biotech … intellectual capital is strong there”, says a global player in the report.
Yields are still high
The office vacancy rate has been contained, in part by strong office-to-residential conversion activity. German institutional investors have been buying retail and offices in the city centre, and a tight housing market means that residential in Copenhagen is still interesting.
And though yields are being compressed − those for prime offices fell from 4.50 to 4.25 percent in the last quarter of 2015 – it is still an attractive market.
Longer term, further opportunities are expected to emerge with the development of a new light-rail corridor along the path of Copenhagen’s Ring Road 3, linking 11 municipalities, new super hospitals and many new residential areas.
Visit Copenhagen at the MIPIM Expo in March
If you are attending the MIPIM real estate event in Cannes in March, you are very welcome to stop by the Greater Copenhagen stand at the expo or the Greater Copenhagen Pavilion located at the old harbour.
“Greater Copenhagen offers high yields, low transaction costs and large new urban development areas. I hope that a lot of international real estate advisors and investors will swing by the Greater Copenhagen stand to hear more about opportunities in the Danish capital region”, says Claus Lønborg, CEO of Copenhagen Capacity, who assists international companies, investors and talent in making a successful start in Greater Copenhagen.
See the full Emerging Trends report here
See more about the MIPIM real estate event