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Denmark, known for its stunning architecture and rich history, is also home to a thriving Commercial Real Estate market. With its strong economy and stable political environment, Denmark has become an attractive destination for both domestic and international investors.
Customer preferences: In recent years, there has been a growing demand for commercial real estate in Denmark. Businesses are increasingly looking for modern, sustainable office spaces that offer a range of amenities and flexible leasing options. This shift in customer preferences can be attributed to the changing nature of work, with companies placing a greater emphasis on employee well-being and productivity. Additionally, there is a rising demand for retail spaces in prime locations, as Denmark's consumer spending continues to grow.
Trends in the market: One of the key trends in the Danish Commercial Real Estate market is the focus on sustainability. Developers are incorporating green building practices and energy-efficient technologies into their projects, in line with Denmark's commitment to reducing carbon emissions. This trend is not only driven by environmental concerns but also by the desire to attract environmentally conscious tenants and investors. Another trend in the market is the increasing popularity of co-working spaces. With the rise of freelancers, startups, and remote work, there is a growing demand for flexible office spaces that foster creativity, collaboration, and networking. Co-working spaces provide a cost-effective solution for businesses of all sizes, allowing them to access shared amenities and services, while also benefiting from a vibrant community of like-minded professionals.
Local special circumstances: Denmark's strong economy and political stability have contributed to the growth of the Commercial Real Estate market. The country has a well-developed infrastructure and a high standard of living, making it an attractive destination for businesses and investors. Additionally, Denmark's strategic location in Northern Europe makes it a gateway to other Scandinavian countries and the wider European market.
Underlying macroeconomic factors: The Commercial Real Estate market in Denmark is influenced by various macroeconomic factors. The country's low interest rates have made borrowing more affordable, encouraging businesses and investors to invest in real estate. Furthermore, Denmark's strong GDP growth and low unemployment rate have created a favorable business environment, attracting both domestic and international companies. In conclusion, the Commercial Real Estate market in Denmark is experiencing steady growth, driven by changing customer preferences, sustainable practices, and a favorable macroeconomic environment. With its attractive investment opportunities and commitment to sustainability, Denmark remains a key player in the global real estate market.
Data coverage:
Figures are based on value of commercial real estate.Modeling approach / Market size:
Market sizes are determined by a bottom-up approach. As a basis for evaluating this market, we use national statistical offices. Next, we use relevant key market indicators and data from country-specific associations such as share of industry, manufacturing, and services of the GPD, price level index, GDP. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the market, for example, exponential trend smoothing.Additional Notes:
The market is updated twice per year in case market dynamics change. The impacts of the Russia-Ukraine war are considered at a country-specific level.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)