# 1 2018 CONSTRUCTION, PROPERTY AND INVESTMENT IN THE COPENHAGEN REGION

Scandinavian property magazine

INVESTMENT DEVELOPMENT OPPORTUNITIES MEDIA ESTATE N RDIC EsthersvejEsthersvej 12,12, HellerupHellerup NørreNørre VoldgadeVoldgade 48,48, KbhKbh KK LipkesgadeLipkesgade 5,5, KbhKbh ØØ TrommesalenTrommesalen 3,3, KbhKbh VV St.St. KongensgadeKongensgade 53-55,53-55, KbhKbh KK 2 2 2 2 2 601601 mm2 –– 55 terracedterraced houseshouses 2,0002,000 mm2 –– 1919 apartmentsapartments 2,1002,100 mm2 –– 1919 apartmentsapartments 2,1002,100 mm2 –– 1919 apartmentsapartments 5,5005,500 mm2 –– 5050 apartmentsapartments

LundsgadeLundsgade 9,9, KbhKbh ØØ RosenvængetsRosenvængets AlléAllé 20,20, KbhKbh ØØ UpsalagadeUpsalagade 20,20, KbhKbh ØØ StockholmsgadeStockholmsgade 59,59, KbhKbh ØØ AmagerAmager StrandvejStrandvej 54-64,54-64, KbhKbh SS 2 2 2 2 2 1,6501,650 mm2 –– 1515 apartmentsapartments 2,3502,350 mm2 –– 2424 apartmentsapartments 3,2003,200 mm2 –– 2424 apartmentsapartments 3,5003,500 mm2 –– 3131 apartmentsapartments 40,50040,500 mm2 –– 300300 apartmentsapartments

GefionGefion GroupGroup A/SA/S ØstergadeØstergade 1,1, 1.1. salsal 11001100 KøbenhavnKøbenhavn KK [email protected]@gefiongroup.com +45+45 7070 2323 2020 2020 NørreNørre FarimagsgadeFarimagsgade 43-49,43-49, KbhKbh KK RødovreRødovre Stationsvej,Stationsvej, RødovreRødovre HansHans KnudsensKnudsens PladsPlads 1A,1A, KbhKbh ØØ 2 2 2 6,0006,000 mm2 –– 5454 apartmentsapartments 37,50037,500 mm2 –– 650650 apartmentsapartments www.gefiongroup.comwww.gefiongroup.com 5,0005,000 mm2 –– 153153 apartmentsapartments

BlegdamsvejBlegdamsvej 28-32,28-32, KbhKbh NN IbIb SchønbergsSchønbergs AlléAllé 1,1, ValbyValby StoreStore KongensgadeKongensgade 100,100, KbhKbh KK StoreStore KongensgadeKongensgade 106,106, KbhKbh KK NuuksNuuks Plads,Plads, KbhKbh NN 2 2 2 2 2 5,9005,900 mm2 –– 6464 apartmentsapartments 7,4007,400 mm2 –– 228228 apartmentsapartments 3,0003,000 mm2 –– 7272 apartmentsapartments 1,4501,450 mm2 –– 1313 apartmentsapartments 12,50012,500 mm2 –– 100100 apartmentsapartments InvestInvest throughthrough GefionGefion GroupGroup

RabarbervejRabarbervej 2,2, KbhKbh NVNV VedVed StadsgravenStadsgraven 15,15, KbhKbh SS TobaksvejenTobaksvejen 2C,2C, SøborgSøborg NielsNiels JuelsJuels GadeGade 9-13,9-13, KbhKbh KK EngvejEngvej 155-169,155-169, KbhKbh SS 2 2 2 2 2 4,3554,355 mm2 –– 9090 apartmentsapartments 4,9004,900 mm2 –– 4545 apartmentsapartments 5,6005,600 mm2 –– 175175 apartmentsapartments 7,3007,300 mm2 –– 113113 apartmentsapartments 23,00023,000 mm2 –– 700700 roomsrooms www.gefiongroup.comwww.gefiongroup.com SWECO IS MOVING TO ØRESTAD IN 2018 DISCOVER ØRESTAD SCANDINAVIA’S CONNECTION TO THE REST OF THE WORLD “Establishing our new head- quarter in Ørestad provides Ørestad is a sustainable, modern neighbourhood centrally us with the best infrastruc- located in Copenhagen that is attracting a wide variety of BUSINESSS ture - train, metro, busses, 3. HOURS TRONHEIM businesses, universities, cultural venues and housing. MAGNET airport and freeways – as In Ørestad you become part of an international innovation well as close proximity to the city centre and to a lot of customers and likeminded district and the region’s fastest growing and most significant HELSINKI OSLO business development area. Give your company a boost 2. HOURS STOCKHOLM knowledge-based companies. Sweco is a fast and join the dynamic innovation network ØICC that brings 600+ STAVANGER -developing business just like the Ørestad area is, together the creativity, knowledge and innovation of the businesses have moved so it’s a great match” to Ørestad in 16 years. EDINBURGH COPENHAGEN many forces of Ørestad. Dariush Rezai, CEO, Sweco Danmark With less than 10 minutes to Scandinavia’s largest airport, 603 1. HOUR

10 minutes to the historic city of Copenhagen, and half an 491 AMSTERDAM BERLIN hour to Sweden you’ll find that Ørestad gives you the perfect LONDON WARSAW FRANKFURT conditions for recruitment and business partnerships in 362 Denmark and abroad – Ørestad connects Scandinavia to PARIS

the rest of the world. GENEVE ZAGREB BORDEAUX 0

ROME BUCHAREST 2001 2010 2012 2016 BARCELONA TRAVEL JOIN ØICC INNOVATION TIMES The innovation district. DISTRICT Be part of Greater from Ørestad to … CPH CENTRAL ST An innovation district is a powerful hub linked by strong Copenhagen’s hub for 8 min by train infrastructure and a cluster of educational institutions, innovation, knowledge Cph. airport ...... 7 min research institutions, businesses of all sizes, start-ups and creativity. and public sector organisations that meet, share knowledge www.oicc.dk City centre ...... 8 min and work together. Ørestad is exactly this type of powerful hub – Denmark’s international innovation district. Sweden...... 20 min 26 members with a capacity of The fastest growing PEOPLE 13,000 20,000 employees students DYNAMIC business region in Highway, bridge to Sweden More than 50,000 people live, work or study in Ørestad. GROWTH Greater Copenhagen. 70% growth in workplaces during the financial CPH AIRPORT 20,000 600 20,000 11,500 crisis. 7 min by train employees businesses students inhabitants

CPH City & Port Development is the largest development company in Denmark, responsible for Copenhagen’s prime locations the Ørestad, Nordhavn and Sydhavn district. CANTEENS

WORKSTATIONS LIVING OFFICE

INTERSTUDIO Business is an interior design house with more than 40 years experience within the professional segment. BE INSPIRED!

www.interstudio.dk We work with the layout of all types Our competence is unique, and we /interstudio.danmark of businesses; office environments, take care of some of the market’s @interstudio.dk showrooms, hotels and restaurants most attractive agencies such as interstudio - where we can contribute solutions American Herman Miller, Swedish CONFERENCE to all categories of rooms and areas. SA Furniture, Swiss USM and Italian In addition, we create and produce MDF Italia, Molteni&C and Dada. wardrobes and kitchen solutions for property projects. Our close cooperation with the major international design brands means Therefore we are used to advising that we are always at the forefront and participating in the many stages of product development and the of an interior design. We carry out trends of time. We are in depth on tasks both directly with the end the products and know what we are user as well as with the individual talking about. And we have an unique advisors, be it architects, builders opportunity to customize specially RETAIL SHOWROOMS CLINICS and contractors. desired products and product features.

The focus for us is to provide the In short, we are in a very exciting best service with the most careful field of excellence for you as a advice. All with a good dialogue and customer, thus helping to ensure experience along the way. a long-term attractive solution.

INTERSTUDIO A/S – Kristen Bernikows Gade 6, 1st floor – DK-1105 Copenhagen K – Phone +45 3526 3100 WARDROBES KITCHENS Verdion’s team works at the leading edge of logistics real estate technology, delivering both build-to-suit and speculative solutions.

Backed by major institutional capital, we create everything from temperature-controlled warehousing and pharmaceutical facilities to e-commerce platforms, all expertly matched to our clients’ needs.

With an established track record in the Øresund region, we are now bringing forward phase two of Verdion iPark Copenhagen and will continue to expand our investment and development activities in the Nordics.

2018 will also see Verdion commence development of over 100,000 square metres of top quality speculative space, offering our clients all-important speed to market right across Europe.

Verdion. The pan-European logistics specialist.

verdion.com

NBT3326_Verdion_EstateMediaDK_AW.indd All Pages 16/02/2018 09:37 Scandinavian property magazine

PUBLISHER Estate Media Nordic ApS [email protected]

ADVERTISING Michael Mortensen Sales Manager Tel: +45 28 34 03 19 Mail: [email protected]

EDITORIAL Kamilla Sevel RECORD YEAR FOR DANISH TRANSACTIONS Editor-in-chief Tel: +45 42 76 00 20 Mail: [email protected]

LAYOUT Sarah den Iseger In 2017, Danish property transaction volumes Copenhagen is receiving many honors these Mail: [email protected] exploded with a record value of €12 billion. days ranging from most livable city to the world’s best city for new talent. PRINT Stibo A/S International investors continue to scramble ISSN nr. 1904-2434 for the best properties alongside Danish Read more about the property market and the institutional investors, funds and private attractiveness of the region in this magazine; FRONT PAGE investors which are joining forces in club deals, and, at MIPIM, check out the Greater Inderhavnsbroen – one of Copenhagen’s many new bridges. Read the article on page 22 mostly to buy residential property but also well- Copenhagen stand (no. P-1.K14) to learn more Photo: ©Wonderful Copenhagen - Troels Heien. located domiciles and hotels. about the region and book an appointment with one of the developers or advisors who are keen The Danish economy is finally picking up after a to help you get more information on Copenhagen number of quiet years, and the political climate development and investment potential, as well is stable with massive population growth as locating in the Danish capital. recorded in all major cities. There is no indication that interest in investment will fade in 2018. To keep up with trends on the Danish property market, go to www.estatemedia.dk and sign up The Greater Copenhagen region encompasses to receive daily news on Denmark; or send an Copenhagen, on the Danish side of the Strait, email to Editor-in-Chief Kamilla Sevel at sevel@ and Malmö on the Swedish side. Together, these estatemedia.dk for more information. cities create a region with a population of almost 4 million. Copenhagen is linked to Malmö by Enjoy your reading! state-of-the-art infrastructure and both cities are ramping up investment. Best regards, In recent years, more and more international Kamilla Sevel companies have chosen Copenhagen for their Editor-in-chief Scandinavian headquarters, increasing demand Estate Media Please call us if you would like to reach for office space and lowering vacancy rates. the Danish property industry through our publications and/or knowledge events. Massive investment is channeled into developing Mira Trolle Scheel universities and research facilities—all with the COPIGROUP.DK Director, Partner purpose of creating the foundation for a lively Tel: +45 27 28 14 15 business community, and it is working: Greater Investment, construction & design. Mail: [email protected] We develop homes in Copenhagen of high quality with our own design. We call it Cultured Living. ESTATE MEDIA - Media and Knowledge House specialized BREDGADE 38, 1260 COPENHAGEN in the Property Industry CONTENT 78

14 RECORD-BREAKING YEAR FOR TRANSACTIONS APCOA PARKING 18 COPENHAGEN WILL NEED 73,000 MORE HOUSING We Connect Parking and Mobility UNITS BEFORE 2025 48

22 NEW INNOVATIVE BRIDGES ARE CONNECTING COPENHAGEN THIS WAY AND THAT APCOA PARKING er Danmarks førende parkerings- selskab med over 40 års erfaring inden for parke- ” Vi har fokus på, at vi gen- 26 NEW INTIATIVE MATCHES UP DANISH AND INTER- NATIONAL COMPANIES IN COPENHAGEN ringsbranchen. Vi er til stede i over 80 danske byer nem digitalisering kan tilbyde og administrerer over 1500 anlæg i Danmark. skræddersyede parkeringsløs- 28 NEW 505,000 SQ M COPENHAGEN NEIGHBOUR- ninger til gavn for både grund- HOOD IN THE WORKS SKRÆDDERSYEDE LØSNINGER ejere og bilister. Desuden Vi tilbyder skræddersyede parkeringsløsninger til 32 THOUSANDS OF HOMES COMING TO NEW er fokus på at videreudvikle vores kunder og samarbejdspartnere, og kan med AARHUS AREAS 32 personlig rådgivning hjælpe dig til at fi nde den bedste vores digitale platforme, og vi 39 SWEDISH PROPERTY INVESTORS ON HUGE parkeringsløsning for din virksomhed. For os er par- arbejder på at øge convenien- Vi har fokus på, at SPENDING SPREE IN COPENHAGEN kering en service, som skal være så nem, bekvem og ce for bilisten samt optimere vi gennem digitali- tryg som muligt – et udgangspunkt som er til gavn for sering kan tilbyde vores digitaløsninger overfor 42 MORE AND MORE RESTAURANTS AND CAFÉS bilister såvel som vores private kunder. Vores fokus skræddersyede par- vores samarbejdspartnere. MOVING INTO COPENHAGEN RETAIL SPACE er både at sikre bilisterne en let, gennemskuelig og keringsløsninger til brugervenlig parkering, og vores kunder en profi tabel gavn for både grund- 48 PATRIZIA BUYING UP IN THE NORDHAVN AREA forretning på deres anlæg. ejere og bilister. ” Adm. Direktør hos APCOA 54 CLOUD CITY PUTS AALBORG ON THE WORLD MAP PARKING, Michael Christensen 56 20 ÅRS EKSPERTISE OG INNOVATION 56 COPENHAGEN AIRPORT BUILDING €200 MILLION Vi stræber efter at tilbyde de mest innovative og ADDITION brugervenlige løsninger, og vi benytter os derfor OM APCOA PARKING af den nyeste teknologi inden for branchen. Vores ■ Over 40 års erfaring i parkeringsbranchen i Europa 62 BLOX IS A NEW AND EXTRAORDINARY PLACE TO knowhow og ekspertise på parkeringsområdet er ba- ■ Til stede i 80 danske byer og administrerer 1500 an- BE IN COPENHAGEN seret på den specialviden, vi har opbygget omkring læg i Danmark 66 BUSINESS GUIDE parkeringsbranchen i Danmark i løbet af de sidste 20 ■ Tilbyder skræddersyede og innovative løsninger, f.eks. automatisk nummerpladegenkendelse (ANPR) år. Samtidig trækker vi også på den samlede viden ■ Har egen parkerings APP: MobilParkering 78 CENTRAL COPENHAGEN UNDER DEVELOPMENT og erfaring, der fi ndes i APCOA PARKING Holding ■ Referencer: Axel Towers, Billund Lufthavn og ATP 42 GmbH’s i alt 13 europæiske lande. 80 THE HOUSING MARKET IS THE DRIVING FORCE BEHIND THE DANISH PROPERTY MARKET

APCOA PARKING A/S Lanciavej 1A, 7100 Vejle www.apcoa.dk [email protected] In June, Solstra Investments sold the hotel Bella Sky in Ørestad to the Norwegian buyer Wenaasgruppen. The property is the home of the 4-star Marriott Hotel, better known as ’AC Hotel Bella Sky Copenhagen’ and was sold with BC Hospitality as its tenant. The latter will continue to operate the hotel un- der the franchise agreement with Marriott International. The 23-storey hotel was built in 2011 and has 812 rooms over 42,000 sq m. The property agency Sadolin & Albæk advised Solstra Investments on the purcha- se, and the law firm Gorrissen Federspiel provided legal consultancy. The law firm Kromann Reumert worked as consultants

PHOTO: BELLA SKY BELLA PHOTO: for the buyer Wenaasgruppen.

Despite higher rents, central Copenhagen School. The acquisition price is estimated remains popular, partly due to its to be €83 million. The second most notable comparatively easy access to a sufficient office transaction in Q4 was Genesta’s workforce. acquisition of DSB’s KB32 located at Kalvebod Brygge 32, with a total size of - We saw decreasing vacancy rates in 28,000 sq m and a price of €70 million. Copenhagen in the first half of 2017. KB32 is facing full redevelopment by

PHOTO: BELLA SKY Although Greater Copenhagen rates Genesta. stabilized in Q3 and Q4 of 2017. - We consider the prime yield for office Vacancy rates are still going down in locations in Copenhagen to be 3.75 percent RECORD-BREAKING YEAR Copenhagen City with higher rents as the supported by recent transactions in the result. market. This will have a spillover effect on the areas surrounding Copenhagen as we - For the first time in years, we are expect downward pressure in these areas, FOR TRANSACTIONS says Nicholas Thurø. witnessing a larger number of transactions outside Greater Copenhagen than in the Residential attracted most within smaller segments such as hotels consultant Cushman Wakefield RED. city itself—the equivalent of 36 percent of In 2017, investor focus on the hotel and the logistics/industrial segment was all office transactions. This compares to 16 segment intensified. As hotel capacity attention in Denmark’s also observed. In 2017, the office transaction volume percent in 2015 and 14 percent in 2016, approached its limits, investors upped largest cities, followed by reached a record high of €2.5bn which says Nicholas Thurø. their activity, both within optimization, - Historically, the Danish retail segment has was nearly 20 percent of the total volume investment and construction of new hotels. offices, hotels and retail. been driven by lucrative high-street assets in 2017. Danish investors were the most Investment outside of Copenhagen made in central Copenhagen, but as yields on active in 2017 accounting for 61 percent up 47 percent of the total transaction 2017 was also a record-setting year in Throughout 2017, the Danish commercial high-street assets are reaching an all-time of the volume in the office segment. volume in 2017 compared to 19 percent terms of shopping centre deals in Denmark property market continued to attract vast low, investors are also looking towards Overall, rents in Greater Copenhagen have in 2016. with transactions recorded at an impressive - In 2017, we observed that foreign investors accounted for 62 amounts of capital from both foreign and other attractive risk-adjusted investments increased in 2017. €1.3 billion. percent of residential transactions as opposed to 43 percent domestic investors resulting in another within the retail segment. Among other The transaction activity in Q4 was in 2016. Copenhagen accounted for € 2.6 billion of the total record year with transactions recorded at a things, we saw a significant increase in - As supply is low in Central Copenhagen, supported by Swedish Klövern’s acquisition - In particular, the institutional investor transaction volume of which 77 percent of the transactions value of €12 bn. Once again the residential investment in individual shopping centres we are seeing companies look towards the of Porcelænshaven in Frederiksberg, which ATP’s €900 million acquisition of 50 per- were made by foreign investors. However, Danish investors were segment came in strongest, followed by and portfolios in 2017, says Managing outskirts of Copenhagen where rents are consists of 19,300 sq m and included a cent of Danica’s shopping centre portfolio responsible for 66 percent of the € 2.3 billion of investments in offices and retail. An increase in activity Partner Nicholas Thurø from property lower. long-term lease with Copenhagen Business stressed investors’ confidence in the asset > other areas of Denmark than Copenhagen.

14 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 15 BIGGEST TRANSACTIONS IN THE DANISH MARKET Denmark and boasts a total area of about 400,000 sq m with about 1,000 rental units. TRANSACTION VOLUME More than 60 million customers frequent the mall annually. PRIME RENT DKK/SQM (BN DKK) Biggest buyer 2017 - DKK 92 BN Danica, the Danish institutional investor, was 2017’s biggest seller on the Danish The Swedish property firm Heimstaden takes first place among buyers on the Danish SUBAREA 2017 Q4 ~ EUR 12.3 BN market, while Sweden’s Heimstaden was the biggest buyer.Danica Ejendomme market. The top 10 acquisitions include 151,000 sq m of residential space from Ares Copenhagen City (CBD) 1,800 sold half of its shopping mall portfolio to ATP Ejendomme, the property arm of the Management and the 65,000 sq m bankrupt residential property Hostrup Have. Copenhagen E & W 1,350 pension fund ATP, for €900 million. Swedish fund Niam, was responsible for the year’s second-biggest acquisition with Frederiksberg 1,400 The impressive shopping mall portfolio includes a total of 8 malls in the Greater the takeover of HD Ejendomme for a purchase price of €560 million, followed by Harbour areas 1,850 Copenhagen Area, 3 on the Danish island of Zealand and 4 on the Jutland peninsula. Heimstaden’s €400 million purchase of the portfolio that the American company Ares Danica’s need to realign its portfolio was the motivation behind the ATP Ejendomme Management had slowly but surely built up in Denmark. South Harbour 1,300 deal; and the sale of almost 153,000 sq m of office space to the Swedish property Ørestad 1,450 firm Wihlborgs. Cushman Wakefield RED is responsible for compiling the list of the year’s biggest transactions. In 4th place is another Danica transaction: its €240 million office portfolio Copenhagen N & NW 1,250 For 15 years, Danica’s shopping malls provided pension clients with an average sale to Wihlborgs, giving Danica an undisputed first place in property sales, totalling South and west of Copenhagen 1,000 annual return of about 6 percent, but its numerous, ongoing development projects €1.4 bn. North of Copenhagen 1,300

Residential Office Retail Industrial Other required capital to be freed up; Capital was also needed for a thorough upgrading of 37 19 17 10 9 the malls themselves—work is currently estimated at €135 million. 5th on the list is Nordic property fund NREP’s purchase of a Nordic logistics portfolio, *Base rents ex. service charges. €1 = DKK 7.5. The portfolio includes some of the biggest malls with the best locations in all of which includes 16 properties in Denmark. SOURCE: CUSHMAN & WAKEFILED | RED SOURCE: CUSHMAN & WAKEFILED | RED

class, but also Blackrock’s purchase of strong performance in 2017 totaling €5 Aalborg and other big cities in Denmark, Naestved Storcenter for approximately billion worth of transactions, and thereby says Nicholas Thurø. n €135 million and Stepstone’s acquisition of remained the largest segment across the NREP’s portfolio of a local shopping centre industry. The combination of low supply By Kamilla Sevel for approximately €200 million cemented and high demand is forcing investors investors’ belief that shopping centres to look beyond Copenhagen to Aarhus, continue to offer a healthy risk-adjusted return. ILLUSTRATION: BACH GRUPPEN

The private investor Dades is also currently — One of the largest real estate in the market for a partner to co-own their investment managers in 12 Danish shopping centres. Denmark - The residential market demonstrated a — We provide comprehensive

– In February, we signed an agreement management across the value with the Swedish property company chain to institutional investors Heimstaden, which will take over the 265 housing units and 2,500 sq m of commer- cial space we are busy building, in the words of Anders Bo Bach, partner in Bach Gruppen, which is developing a brand new €665 million neighbourhood just outside

central Copenhagen. GRUPPEN BACH RENDERING:

16 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE Real Estate Investment management www.nordeaejendomme.dk COPENHAGEN WILL NEED 73,000 MORE HOUSING UNITS BEFORE 2025

The Danish capital is by 2025; 44,000 more homes between is estimated at 73,000 new housing units 2025-35 and an additional 43,000 by in the National Capital Region, including growing so quickly that 2045 if price trends are to remain at the 50,000 in Copenhagen and 23,000 in the there will be a need for same level as in the rest of Denmark. suburbs, according to the study. more than 150,000 new Two thirds of the new homes are In addition, the Ministry estimates that necessary in the municipalities of from 2025 to 2035 there will be a need homes by 2045, accor- Copenhagen and Frederiksberg while the for another 44,000 new homes—30,000 last third will be needed in surrounding in Copenhagen, and 14,000 in the ding to a new study. municipalities. Current demand is mostly suburbs; and from 2035 to 2045, for small apartments of less than 60 sq m. another estimated need of 43,000 new A study commissioned by the Danish homes with 25,000 in Copenhagen and Ministry of Transportation, Building and - Housing development is mainly in the 18,000 in its surrounding suburbs. Housing shows that more than 150,000 hands of the municipalities and builders new housing units will be needed by but I am very interested to know if the - Taking into consideration the 2045. The study, drafted by Copenhagen Government can help by knocking down development of new areas, the Economics and Kuben Management, also barriers and providing the right incentives densification of existing residential areas shows that 73,000 new homes will be to make a better housing market, says and better use of existing housing, the needed in the National Capital Region Minister of Transportation, Building and study concludes that there exists a total Housing Ole Birk Olesen. theoretical potential for building as many DLA PIPER OUR DANISH TEAM AT MIPIM as 134,000 new homes in the National One thing that the Danish government Capital Region by 2025 and an additional As the largest law firm in the Nordic region and one of the leading is especially concerned with is ensuring 135,000 homes between 2025 and that there will remain room for all types 2035. globally, our clients are met by highly experienced lawyers devoted of residents in Copenhagen. But recent to the real estate sector offering clients a unique opportunity for years have seen prices go up close to This huge housing need has made cross-border transactions. 55 percent. This rubs off on the rental Copenhagen the home of many Peter Schäfer John Bjerre Andersen Partner Partner housing market which is also seeing development areas: some along the • 40 countries around the world rising rents, and on property prices in the waterfront, others scattered around the • 4,200 lawyers globally entire National Capital Region. city. n • 500 lawyers globally devoted to the real estate sector

- The need for more homes will be greatest By Kamilla Sevel • 380 lawyers in the in the Nordic region between 2018 and 2025, where the need • 50 lawyers in Denmark devoted to the real estate sector Kurt Helles Bardeleben Tony Lund-Burmeister Partner Partner - The study shows that there is a need for even more housing units to catch up to many years’ backlog and meet tomorrow’s growing need so prices do not continue to increase more COPENHAGEN AARHUS than in the rest of the country, according to the Minister of Transportation, Building and Raadhuspladsen 4 DOKK1

PHOTO: NIELS HOUGAARD NIELS PHOTO: Housing Ole Birk Olesen. DK-1550 Copenhagen V DK-8000 Aarhus C + 45 33 34 00 00 + 45 33 34 00 00 Thomas Høj Pedersen 18 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE Advokat dlapiper.com

Annonce_230x290_Scandinavian property magazine.indd 6 16-02-2018 15:44:12 Hørsholm Hospital

Henriksholm

Værløse ØRESTAD Vinge 4

NORDHAVN 8 Hellerup SIGNIFICANT PHOTO: BY & HAVN HAVN & BY PHOTO: PHOTO: BY & HAVN & BY PHOTO: The Århusgade area is the first Nordhavn is being transformed into Ørestad was one of the first of Ørestad is filling up fast. Housing DEVELOPMENT neighbourhood to be transformed a dense and compact city of islets development areas in the new wave has shot up and about 1,500 new 4 within Nordhavn, an all-new district and canals. This 200-hectare, North of transformation in Copenhagen. residents have moved into Ørestad in a former industrial dockyard. In Sea area is divided into smaller urban Working from a master plan, the Syd in 2017, alone. Today, more than Brønshøj 7 phase one of the development of spaces surrounded by water with development of the site began in the 50,000 people frequent Ørestad AREAS IN Nordhavn, whose housing portion most buildings no higher than 6 sto- mid 90s. In the district’s northern daily: 11,500 call it their home; is already well under way, there is reys. One exception is a spectacular end, the biggest Nordic bank, approximately 20,000 people work the potential to build 350,000 sq m housing project called The Silo which Nordea’s domicile has opened. there; and another 20,000 study in COPENHAGEN of mixed housing and commercial has been nominated for a MIPIM Ørestad Syd, the southernmost part Ørestad. space with room for 6,000 to 7,000 Award and consists of 38 apart- Rødovre 1 COPENHAGEN Nærheden Frederiksberg 3 jobs and 2,500-3,000 inhabitants. ments and a restaurant with public access on the 17th and 18th floors. 10 Valby Hvidovre 2 GRØNTTORVET 9 PAPER ISLAND 1 SCANPORT 5 6 Scanport is a new office area 90, 000 sqm. The developer Skanska 5 Christiansholm, also known as the Paper Island because close to the airport, the Oeresund is building a new hotel for the huge rolls of newsprint for the Danish press were stored Bridge and Copenhagen. The area Scandic chain. It will be 25,500 sq 9 8 there for decades, is uniquely located at the heart of is under development and the idea m and offer 357 rooms, conference Copenhagen's waterfront. In recent years, the island is to develop a number of green facilities for 400 and parking for POLYFORM ILL: has become an urban destination in Copenhagen with office buildings with an area of 200 guests. A wholesale fruit, vegetable and The construction of Copenhagen’s a vibrant street life that welcomes locals and guests flower market since 1958, Grønt- new, green neighbourhood with inside old industrial warehouses that make a unique and Copenhagen torvet, located in Valby, is now being 2,200 housing units for all ages is versatile setting for multiple cultural activities. The vision transformed into a modern urban moving forward at record speed. Airport for the new project is to create a series of new halls for space. Lush conservatories, green informal, public functions such as an event hall and a surroundings and a community Developer FB Gruppen is well AMAGER swimming hall. Private housing will be placed on top of focus will ensure that Grønttorv’s underway. Construction is expected the halls which encircle a green and cozy courtyard. 6 green spirit will live on while various to last 4-5 years at an estimated cost architectural details will bring to of € 665 million. SYDHAVN mind the area’s unique history. PHOTO: BY OG HAVN/OLE MALLING HAVN/OLE OG BY PHOTO: 3 Today, 3,500 Copenhageners live at Vesterbro and Copenhagen Port. Sluseholmen and Teglholmen, and, in In a few years, homes for 6,000 to time, Sydhavn will be able to contain 7,000 Copenhageners, distributed 9,000 homes and 22,500 jobs. among ten new housing isles, will be CARLSBERG BYEN built in Copenhagen’s harbour. NPV In addition to Sluseholm and is the project developer of six of the Teglholm, the Sydhavn area housing islets which together will On the former F.L. Smidth site, POST OFFICE SITE comprises the Enghave Brygge and be called Engholmene, institutional between Toftegårds Plads, Vigerslev Frederiks Brygge neighbourhoods. investor Nordea Ejendomme another. VALBY Allé and Gl. Køge Landevej, a new POSTGRUNDEN.DK PHOTO: NPV will build more than 1,000 neighbourhood with housing, shops, Central Copenhagen will be getting an all new Enghave Brygge will be one of housing units there, with the first MASKINFABRIK businesses and green squares has neighbourhood — with an urban buzz, business and the new neighbourhoods to link ready for occupancy in spring 2018. 10 taken shape: Valby Maskinfabrik. housing. Its neighbour is Copenhagen Central Station and the area will connect the city and water in a new PHOTO: CADWALK PHOTO: With its vision of creating a vital and network of bicycle paths, open squares, pedestrian sustainable neighbourhood Valby bridges and rooftop gardens—from the Central Station The former brewery site of Copenhagen. Once the neighbourhood Maskin-fabrik is breathing new life to Dybbølsbro. Carlsberg is changing into a creative is done it will house a dynamic mix into F.L. Smidth’s old factory on Gl. COPENHAGEN SCIENCE CITY neighbourhood. of housing, jobs, shops and cafes, Køge Landevej. Once the construction Before a mail terminal a postal station was located on 7 cultural offerings, sports facilities and work is complete in 2019-2020, Valby this closed-off site. The new urban quarter will open Copenhagen Science City consists Due for completion in 2024, is the institutions for children and youth. All Maskinfabrik will be the location of towards the rails and allow for much-missed access to of the area around the University of education and research within transformation of the historical on a total of 570,000 sq m. 1,000 modern, sustainable homes. Kalvebod Brygge and the harbour. There is room to build of Copenhagen, the Metropolitan the fields of pharmaceutical studies, brewery site by the developer Valby Maskinfabrik also includes a total of 125,000 sq m and Danske Bank, Denmark’s University College and the Royal health sciences and natural sciences. Carlsberg Byen P/S to a new quarter The Consortium behind Carlsberg City 2 about 40,000 sq m of commercial biggest, will move approximately 4,000 employees into Hospital making it the home of one 30,000 students and employees between Frederiksberg, Valby and consists of a number of institutional

ILL: DFE ILL: space. the area in 2023. of Europe’s biggest concentrations frequent this area daily. Vesterbro – right in the heart of investors along with Carlsberg itself.

20 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 21 Inderhavnsbro (the inner harbour bridge) is also known as ”Kyssebroen” (the kiss bridge) because of its design which allows it to open to let ships through and which brings to mind a kiss, when the two sides meet again. Unlike, bascule bridges like Langebro and Knippelsbro, Inderhavnsbro opens by pulling back in a slow,

PHOTO: ©WONDERFUL COPENHAGEN - TROELS HEIEN. TROELS - COPENHAGEN ©WONDERFUL PHOTO: horizontal movement. Framework for life NEW INNOVATIVE BRIDGES ARE CONNECTING It takes people to build for people. At Aarstiderne Arkitekter we aim to design beautiful and sustainable conditions for people’s COPENHAGEN THIS WAY AND THAT lives and social interaction. We create dynamic environments in the city and affect people’s opportunities for living and working, for learning and leisure – every aspect of our daily lives.

To us, every project is an investment in the future. Our architects and consultants meet our client’s financial investment and The neighbourhoods of The next bridge to open in Copenhagen design’s clean line across the harbour is fulfil the architectural ambition and quality of the project. We develop value-adding projects based on client - and user expec- will join the pioneering urban without a doubt the competition's best tations and the character and potential of the location. Copenhagen are being development project BLOX to the new proposal for a bridge with a simple traffic residential areas on the other side of flow between the two neighbourhoods it linked to one another the harbour. As with other recent bridge is connecting. It's a bridge we believe the in innovative ways with projects in Copenhagen, this one is also people of Copenhagen can be proud of, designed by a well-known architect. says Peter Cederfeld, CEO of Realdania bridges connecting resi- City & Byg who is behind one of the This most recent BLOX bridge is to donations, that made the project possible. dential neighbourhoods be completed by autumn 2018 and is with business areas. designed by an international team led The bridge is located on the spot where by the British company BuroHappold one of Copenhagen’s main bridges, Engineering and including the architects Langebro, was originally situated from WilkinsonEyre and Urban Agency. the end of the 1600s until the beginning of the 1900s. - The panel of judges agreed that the deciding quality of the winning proposal The cover of this magazine shows the is its "floating cross section" that gives city’s newest bridge Inderhavnsbroen the bridge its expressive excellence. The (the inner harbour bridge) which, upon

22 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE aarstiderne.dk RENDERING: BLOX Bridges are connecting Copenhagen inauguration in 2016, immediately location at the end of Nyhavn, the 180 platform halfway and enjoy the view of and the next became a popular walking and biking m long bridge is a much-anticipated the harbour and city. n one is to be route between Nyhavn and Nordatlantens connection between Papirøen, named Lille Brygge for Copenhageners and the city’s Christianshavn, Holmen and the inner By Kamilla Sevel Langebro. guests. city on the other side of the harbour. From one side of the bridge or the other, With its supremely central Copenhagen on foot or bike, people can stop on the

Project development – from idea to sale

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Project development requires project management and competent assistance from day one when starting to consider the project potential to the final sale of your project or sub-project. Lund Elmer Sandager's real property department is specialised in all phases of project development - both in relation to residential buildings and commercial properties.

We will assist you with the following aspects among other things:

Planning in connection with project development Preparation of sales agreements Steen Raagaard Andersen Construction planning, implementation and completion Construction design Partner, Attorney [email protected] Division in to condominiums House owners' association +45 33 300 213 Acquisition of building rights Completion of series sales

Cadastral matters Preparation of tenancy agreements Henrik Stamp Partner, Attorney You will get a trusted advisor from the initial stage including project description to the authorities, financing, [email protected] the construction phase, sale and handover. In the past couple of years, our department has assisted with the +45 33 300 210 completion of several larger project developments. Call us today and arrange a casual meeting to discuss your opportunities.

Lund Elmer Sandager Kalvebod Brygge 39–41 24 AdvokatpartnerselskabN°1 2018 | SCANDINAVIANDK 1560 PROPERTY København MAGAZINE V les.dk N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 25

Annonce_outline_CMYK_230X290mm_5mm.indd 1 13/02/2018 14.33 In 2017, the One Point Entry Business Network was established. This open network gathers Greater Copenhagen businesses which work within urban development, offering across-sector solutions in architecture, construction, environment, energy and water as well as smart cities and digitalization. PHOTO: COPENHAGEN CAPACITY

creates, in many cases, actual export of strategy, says Rasmus Astrup, Partner potential, says Claus Lønborg, Director with SLA. of Copenhagen Capacity, which operates One-Point Entry in partnership with the India’s urban organization The Urban City of Copenhagen. Vision also came to Copenhagen for inspiration, bringing with them directors With housing projects in more than 60 from some of India’s biggest property countries, the British company Grosvenor development firms. The delegation was is one of the world’s biggest property introduced to the architects and urban developers. Intrigued by Copenhagen’s development companies Tredje Natur, sustainable city project, in 2017 3XN, COBE, Dissing + Weitling, Gehl Grosvenor contacted Gehl Arkitekter Arkitekter, SLA and Rambøll. which is part of the OPE business

PHOTO: NEWS ØRESUND – JENNY ANDERSSON JENNY – ØRESUND NEWS PHOTO: network. Over the next few years, the Government of India plans to develop 100 ”smart Copenhagen Capacity each year guides OPE scheduled a two-day visit in Greater cities” with the purpose of making international investors and companies on Copenhagen’s smart and Copenhagen which gave Grosvenor the India’s densely populated big cities more how to get the most out of establishing in opportunity to meet One-Point-Entry’s sustainable and livable. NEW INTIATIVE sustainable approach to Copenhagen, a Scandinavian city famous for entire network of consultants and its smart city solutions. urban planning draws architect firms. - Greater Copenhagen inspires us. Meeting some of the key players in the capital’s MATCHES UP urban developers from One of these was SLA, an architect firm construction and environment sectors, with huge success in Oslo, Dubai, Detroit has us leaving even more concerned with all over the world. and Paris with their climate change sustainability and the standard of living adaptation expertise. SLA’s convincing in cities—we all agree that this trip to DANISH AND presentation resulted in an offer to bid Copenhagen has been our best study trip on an urban space project in Lyon where ever, says Prathima Manohar, the founder Copenhagen’s smart and sustainable in leveraging the company’s contacts to SLA and Gehl Arkitekter have both been of Urban Vision. approach to urban development attracts enter international partnerships. engaged to work on the project. INTERNATIONAL urban developers the world over. This The visit platform One-Point-Entry explains the buzz of activity throughout - Demand for Danish smart city know-how - Since 2015, SLA has worked with is operated by Copenhagen Capacity 2017 at One-Point Entry (OPE), the is growing rapidly, and this is something determination towards internationali- and the City of Copenhagen in close public-private platform for international we would like to tap into. One-Point- sation. It is expensive to build an partnership with other municipalities, COMPANIES IN visits to Greater Copenhagen. Entry will continue to focus on matching international portfolio sales and networks and organisations throughout international business delegations with networking are especially demanding. the Oresund region. n OPE received 237 inquiries in 2015 municipalities and companies. This not This is why it saves time and money to and 400 in 2017. OPE also has the only improves companies’ position and have One-Point-Entry screen visitors so By Kamilla Sevel COPENHAGEN attention of Danish companies interested network on global markets but also that they are a perfect match in terms

26 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 27 neighbourhood with housing, shops, space like the one we are enjoying in Lord Mayor Frank jobs and cultural offerings close to the the Århusgade neighbourhood and Jensen is looking metro station that will soon be built elsewhere. It was only three and half forward to the in Nordhavnen. One in four housing years ago that Nordhavn was zoned for further expansion units will be affordable housing, so that housing and that is when development of Copenhagen people with ordinary incomes will be able work took off. The future’s sustainable and the new to afford a nice home in an attractive neighbourhood is well under way, says neighbourhood at neighbourhood—this is something that Jens Kramer Mikkelsen, CEO of CPH City Levantkaj. I am really happy about. Heartfelt and Port Development.

E UN congratulations to Entasis!, says Frank M OM S K AVN Jensen, Lord Mayor of Copenhagen. Over the next few months, the winning the tried and true block ENH PHOTO: KØB proposal will be qualified collaboratively structure that is used in many The winning proposal has leveraged the by the Entasis team, CPH City and Copenhagen urban development projects huge difference between the old harbour Port Development and the City of and presents a new alternative--one that for small ships, Skudehavnen, and the Copenhagen. The objective of CPH City was inspired by the very special nature northern coast where the water is low and Port Development is to certify the of the Levant wharf and nourished by and calm; and the eastern and southern sustainability of the neighbourhood in our many experiences with Copenhagen coastlines with more wind and more compliance with the DGNB standard - urban development over the past 20- waves. this work is already in progress. From 30 years. We think that Levanten will there, the winning proposal will form give Copenhagen a unique and exotic – It is an ambitious project for the the foundation of a plan proposal to neighbourhood, Christian Cold, a partner new Nordhavn neighbourhood where be approved by the city council of in Entasis, says, speaking on behalf of thousands of residents and visitors will Copenhagen. Team Entasis. n live and/or work. By mixing housing, business and other urban functions we – We are so happy and proud to have By Kamilla Sevel will achieve a dynamic and lively urban won. Our proposal breaks away from

RENDERING: TEAM ENTASIS This is how the architect firm Entasis envisions Copenhagen’s newest neighbourhood. New 505,000 sq m Copenhagen neighbourhood in the works

Levanten (The Levant) is the name of the next big The architect firm Entasis was awarded the contract for the master plan of the development project in Copenhagen, following next huge development in Nordhavn, an area just north of downtown Copenhagen. on the heels of the successful upgrade of the Levanten will take over the location of Århusgade neighbourhood just north of the city today’s container terminal which ships goods to and from all corners of the The Levant wharf centre. Levanten offers the opportunity to build world. is the next project approximately 505,000 sq m in addition to urban to be launched in – The winning proposal creates the Copenhagen’s biggest spaces and landscaping design framework for a new, vivacious > ENTASIS TEAM RENDERING: development area.

28 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 29 Projektsalg er en mægler- disciplin, der kræver sin

Mads Roepstor Alice Lotinga Adm. direktør, partner Direktør , Projektsalg mand – og kvinde Tlf.: +45 61 61 01 11 Tlf.: +45 40 58 29 30

Udover at være en skarp mægler, skal man være en Vores succes med projektsalg skyldes bl.a., at vi kan skarp menneskekender. Ofte er det et spørgsmål tilbyde en skræddersyet projektpakke, der giver dig om at kunne sætte de rigtige ord på en drøm, der adgang til vores ekspertise og knowhow i alle pro- matcher den individuelle køber. jektets aspekter – fra tegnebrættet til glade købere.

Køb af projektbolig er en uvant beslutning, der Hos danbolig handler det nemlig ikke kun om fordrer stor tillid til sælgeren og hele købsproces- underskriften, men ligeså meget om at ”papirarbej- sen, og i vores Kompetencecenter har vi samlet al det” håndteres på en ordentlig og gennemskuelig vores faglige ekspertise under ét tag og er derfor måde, der skaber tryghed hos køber og sikkerhed Tina Guldbæk Torben Hald Mikkel Kronborg Projekt Chef, Ejendomsmægler, MDE CEO. Ejendomsmægler og Valuar, MDE Erhvervsmægler med hele vejen, fra ’jord til afl evering’ – i alle faser. hos sælger. Tlf.: +45 61 20 20 74 Tlf.: +45 35 38 14 50 Tlf.: +45 31 68 21 00

danbolig Erhverv & Projektsalg Østerfælled Torv 10, 1. sal 2100 København Ø Kontakt os om en Tlf. 3283 0610 mødeaftale på mipim Providing an independent and up-to-date view on the Danish-Swedish Greater Copenhagen Region

ØRESUNDSINSTITUTTET is a Danish-Swedish knowledge centre that helps spread knowledge about developments in the region through analyses, network meetings, and the regional news service News Øresund. We are a non-profit organisation, financed by member contributions from more than 100 members from the state, municipalities, universities and private enterprises.

analysis data news network meetings

RENDERING: SLETH Sleth Architects has made the plan for the transformation of the former THOUSANDS OF HOMES COMING Danish School of Journalism. TO NEW AARHUS AREAS Aarhus is Denmark’s second-largest city and it’s growing!

Aarhus, Denmark’s second-largest city is comprise as many as 1 million sq m of Christiansbjerg is under development currently experiencing huge population housing and 250,000 sq m of commercial as a new urban quarter. For 40 years, growth. New developments are scheduled space. this has been the location of Denmark’s for several spots around town and the School of Journalism but the school is Aarhus City Council has approved the - Lisbjerg will be a place with a focus on run down and the plan is to transform development plan for Lisbjerg which good homes for families with children the area into a neighbourhood for 1,000 will be one of Denmark’s biggest urban with good and easy access to green residents where the main building of the development projects. recreational areas. It will also be a great school will be preserved as a gathering place for commuters with easy access spot for people in the area. The approval will set in motion the to the highway which opens up to all of transformation of Lisbjerg from today’s eastern Jutland, as well as to the inner In addition to 300 youth housing units village to tomorrow’s densely built- city and its lightrail and super bike paths, and the ”big city village”, there are also up urban town in beautiful natural says Bünyamin Simsek, Aarhus City plans to build housing for families and surroundings with room for 25,000 Councillor for Building and Environment. seniors in a block of apartment buildings residents. and in townhouses facing out towards Many other exciting neighbourhoods will the green Vestereng area. The total urban development area will be built in Aarhus. In northern Aarhus,

Östergatan 9 A | 211 25 Malmö | Sweden | +46 (0) 40 30 56 30 | [email protected] | www.oresundsinstituttet.org 32 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE

Oresundsinstituttet annons Mipim.indd 1 2018-02-21 09:46 - In our efforts to develop Aarhus, we are now also focusing on the areas outside the inner city, says Bünyamin Simsek, Aarhus City Councillor for Building and Environment.

PHOTO: AARHUS KOMMUNE

FACTS ABOUT AARHUS PHOTO: AARHUS KOMMUNE AARHUS PHOTO: Population In the foreground, the new development of Aarhus Ø and in the background Lisbjerg - a new development area planning 1 million sq m housing and 250,000 sq m commercial 335,000 property during the next decades.

Population within The timeframe for the building project is in current years. With this success 2020, as soon as the School of Journalism in hand, the City of Aarhus is getting an hour’s has its new facilities. ready for the next phase of the plan for drive the development of the area’s southern - It is a great opportunity to be able to section, comprising parts of eastern 1.2million rethink an area when the opportunity Aarhus, which stretches from Nørreport arises, as it has with the School of along Bernhardt Jensens Boulevard to Journalism. The masterplan for the area Nikoline Kochs Plads; as well as the Pier Student population looks very exciting with its mixed housing 2 area, east of the Bestseller building. types. And the developers’ idea to use the old school as a community centre The future development plan will build with a host of programmes is a plus for on the vision of the original proposal 50,000 new and current residents alike, says from 2006. The plan is expected to be – the highest concentration Bünyamin Simsek, Aarhus City Councillor ready by early summer 2018 and create in Denmark in relation to for Technology and the Environment. the foundation for subsequent additions to city planning, local urban plans and the overall population The biggest buzz in Aarhus is around the citizen consultations. n transformation of the former industrial SOURCE: BUSINESS AARHUS port. Several buildings have shot up By Kamilla Sevel At MIPIM 2018 34 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 35 Stand P-1.K14 Partners

Level 01 in Palais des Festivals: Greater Copenhagen stand. Hear about the dynamic Greater Copenhagen. Meet the partners.

Enjoy a Greater Copenhagen experience www.arkitektgruppen.dk www.byggesocietetet.dk www.carlsbergbyen.dk at MIPIM 2018 in Cannes

Greater Copenhagen have the pleasure of inviting you to the welcome reception on: www.kk.dk www.copcap.com www.byoghavn.dk Tuesday, March 13 at 5 pm.

You will find us at: Palais des Festivals, at the Greater Copenhagen stand P-1.K14-Level 01 Join us and find out why Greater Copenhagen is at great place to invest www.epiito.com www.businesshelsingborg.com www.lund.se

The Greater Copenhagen stand at MIPIM 2018 is brought to you by: www.malmobusiness.com www.mth.com www.npv.as

Byggesocietetet Tel: +45 22 21 19 36 E-Mail: [email protected] www.regionh.dk Web: www.byggesocietetet.dk PHOTO: NIAM "Vanddråben" in Odense is part of the housing portfolio which Niam took over when it purchased HD Ejendomme.

29 million passengers in 2017 Swedish property investors on huge spending spree in Copenhagen

Danish housing properties are in highest demand and Swedish investors have bought 9,500 units already

Demand is massive for property in The increased Swedish interest in the acquisitions during the summer and Denmark, and especially in the capital, Danish real estate market comes, among autumn. This includes Heimstaden Copenhagen. Swedish investors have other things, from a changed market and its acquisition of a €405 million been the most active, acquiring property situation in Denmark. portfolio, comprising 26 properties and worth more than € 5.6 bn: 2.5 million 4 construction projects; the €235 million sq m, comprising 1.6 million sq m of The financial crisis helped to open up bankruptcy estate of the co-op housing commercial space and approximately the market, inter alia, by placing large association Hostrups Have with its 678 870,000 sq m of housing divided among property portfolios on the market. apartments; as well as other construction 9,500 units. Prices have been favorable in a Nordic projects. Wihlborgs acquired a comparative perspective. Danish pension 15-property, €250 portfolio. In 2017 alone, Swedish investors spent companies have been more active €2.6 bn on Danish property acquisitions, owners and reviewed their portfolios, Balder took over 4 hotel properties close which is a 92 percent increase on which contributed to the increase in to Copenhagen’s Central Station for 2016 figures. This means that Swedish transactions. €100 million and Akelius purchased 2 investors were responsible for almost a residential properties for a total of €105 third of the total volume of transactions. Several companies made major million. A transaction that especially

N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 39 DANMARKS FØRENDE ERHVERVSPORTAL

Mød os på MIPIM 2018

ILLUSTRATION: NEWS ØRESUND/HEIMSTADEN Teglholmen, a part of Sydhavnen, is one of the target areas for Swedish Heimstadens acquisitions.

stood out last year was Niam’s € 590 As a result of its acquisition of this Skal vi hjælpe dig med at finde et million take over of the property firm HD major 26-property portfolio, Heimstaden Ejendomme A/S. has expanded its geographical reach from Copenhagen to include Greater nyt erhvervslokale? Most Swedish property players want Copenhagen, Aarhus, Odense, Sealand to have their own personnel on the and the Triangle Region. ground in Denmark. In May 2017, Heimstaden acquired a management and Wihlborgs’ accquisition of the administration company called Nordic 15-property portfolio also ended up Property Management with a total of 20 expanding its geographical coverage to employees. include Ørestad and Hørsholm/Holte, while also strengthening its presence in Akelius recruited a new Danish managing areas such as Herlev/Ballerup and Høje director and other personnel. Castellum Taastrup. has hired Bettina Lange as its new regional director in Denmark and Ikano There is no sign, that Swedish investors Bostad brought onboard a Danish director are hesitating to buy more. n before launching activities on the Danish Uanset din branche og dine behov, kan vi hjælpe dig med at finde din virksomheds side of the Sound. By Øresundsinstituttet nye lokaler. Ejendomstorvet.dk er erhvervsmæglernes egen søgeportal og samler udbuddet fra over 175 erhvervsmælgere og ejendomsejere i hele landet. 40 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 14 years in the making, the new 6,000 sq m Tivoli Hjørnet (Tivoli Corner) is now ready with 15 new food vendors, 2 new restaurants, a café, a design shop and new rooms at the Nimb Hotel. In addition to the 850 sq m food court and the new rooms—most with big balconies facing Tivoli Gardens, the hotel’s upgrade also includes an indoor pool and a rooftop bar. A 2-storey Vapiano restaurant has opened on the Vesterbrogade side of Tivoli. The German chain opened its first restaurant in Hamburg in 2002 and has since expanded to include 160 restaurants in 33

PHOTO: LASSE SALLING/TIVOLI LASSE PHOTO: countries on 5 continents.

MORE AND MORE RESTAURANTS AND CAFÉS MOVING INTO COPENHAGEN RETAIL SPACE

A wave of restaurants, cafés, coffee bars and food courts is washing over all of western Europe. Denmark, too.

PHOTO: LASSE SALLING/TIVOLI

- How about a latte or a bite to eat after than ever before and the trend seems set popping up everywhere in Denmark. One Finding the perfect food vendors who will all fill the bill. What sets Tivoli Food Hall There are a total of 15 vendors. work? to continue. The right combination of food of these, the German restaurant Vapiano, ensure a high level of quality to satisfy apart is its vendors’ strong, operationally- and drinks can attract a new and different recently opened in Copenhagen on the the many decerning palates in the urban sound brands that are willing and able - Tivoli Food Hall is our contribution to More often than not, the answer is ”yes”, audience and upscale the popularity and corner of the city block occupied by the picture, has taken an enormous effort. to carefully tailor their concepts to the Copenhagen’s extraordinary eating scene. and the supply of cafés, restaurants, profile of a shopping mall or a street, says world-famous amusement park Tivoli, mission of Tivoli Food Hall: to offer good It is also a complement to Tivoli’s other bars and small eating establishments is Ian Handlon, the director of foodservice after many years of location-hunting. - We carefully selected all of our vendors food, excellent service and value for food options: a meeting place for people skyrocketing to keep up with demand. consulting at JLL. November also saw the grand opening of based on their current business, their money, says Jakob Blom, the development who love delicious food—whether they a food court offering a host of different experience and not least their desire to consultant for Tivoli Hjørnet (Tivoli are going out for a quick work lunch, a - People are spending more on eating out New food courts and food concepts are cuisines and shared seating. grow the Tivoli Food Hall concept. They Corner), with Copenhagen Windows. meal before or after a show, or picking up >

42 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 43 Where old industry meets modern architecture

Arkaden just opened its doors. It is Odense’s 2nd food court opening after Storms Pakhus in September 2017. PHOTO: ZENTUVO

breakfast and coffee. The Food Hall will vendor shops and stands. The great culinaric trend in Denmark and not least add a new dimension to Tivoli—one that majority of these will be food vendors the growing demand on commercial is open year-round, even when the park including Bar Ramen, The Original Pita, properties in the large Danish city centers is closed for the season, says Tivoli Vice- Danyar Fish & Chips, GoPa, SushiMania, like Odense. President Annette Juhl. Hungry Dane, Kirk Street Food, l’Cobert de CANblau and 12-MeterBaren. These - These food locations attract more Other locations across Copenhagen and represent a good mix of start-ups and visitors to Odense. Demand for this kind Denmark are trying to latch onto the more established names with many years of restaurant concept has increased ”eat-out” trend—from Copenhagen where of experience in the food business. The across the board and we have noted a the founders of food market Papirøen are 12-MeterBaren is owned and operated by sharp increase in restaurant and café working on a new food court in Boltens two entrepreneurs, and offer guests the offerings these past years, says Bent Gård, to smaller cities like Helsingør in perfect drink to accompany their food, Jensen, CEO of property consultants the north of Copenhagen with Værftet selling everything from selected specialty Nybolig Erhverv Odense. n food court and in Denmarks 3rd largest beers and delicious wines to fun cocktails. city, Odense, where Arkaden opened its By Kamilla Sevel doors in December 2017. Odense is now the home of 2 food courts: Storms Pakhus on the Odense Odense, Denmark’s 3rd largest city, harbourfront and as mentioned, Arkaden. will be the home of a total of 27 new This follows the general upward Copenhagen’s new neighbourhood VALBY - with space for living. MASKIN 44 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE www.valbymaskinfabrik.dk FABRIK IKANO INVESTING BILLIONS IN NEW AND EXISTING HOUSING IN DENMARK’S CAPITAL

An all new player has appeared on the The company is none other than Ikano, Ikano Bostad’s strategy is to be a long- Danish housing market with billions to IKEA’s investment arm, which has grown term partner and investor which will invest in existing housing and the drive to a business of experienced experts, and is develop condominiums as well as build develop new residential neighbourhoods. now ready to roll out its Ikano Bostad, a portfolio of rental units. In addition to meaning Ikano Housing, strategy. condominiums and apartments, Ikano also sees potential in investing in private The new company’s business strategy is nursing homes where the investor would about investing in housing for ”ordinary enter into a long-term contract with an people”, in the words of the new CEO external operator. René Brandt. In Sweden, Ikano Bostad has – We are mostly going to invest in areas approximately 1,700 housing units where the price of land makes it possible under construction and about 6,000 to build housing for ordinary people, and apartments in its portfolio. Ikano Bostad with prices as they are now, this will also owns roughly 500 private nursing probably mean starting in the outskirts of home units. Copenhagen. We would also like to have housing in Copenhagen, but we won’t be Ikano Academy is the name of a social YOU CAN HAVE A SWEDISH, DANISH, NORWEGIAN AND investing in the most expensive locations, initiative in works right now in Sweden, FINNISH LAW FIRM. OR YOU CAN HAVE ONE for example, on the waterfront. Interest where the company gives unemployed in our company is already huge and we youth a foot into the workforce by giving are working on concrete investments, he them an ”internship” and afterwards Real estate is a central practice area at NORDIA. With offi ces in all Scandinavian countries, says. helping them get employed by Ikano or we know the Scandinavian real estate market well. We provide national as well as cross- one of their partners. border legal advice in a large number of signifi cant property related matters to all types Ikano is an international group of companies which is owned by the – Ours is a value-based company and of participants on the property market, whether regarding acquisitions, sales, fi nancing, Swedish Kamprad family which earned we believe that demonstrating social construction law, development related matters, landlord/tenant matters or other. its fortune developing furniture store involvement and responsibility in our IKEA. In addition to housing, Ikano investment areas will make them safer WE LOOK FORWARD TO SHARING OUR KNOWLEDGE AND EXPERTISE WITH YOU operates within banking, insurance, retail places to live. This will benefit everyone and manufacturing. in the long term, says René Brandt.

CEO René Brandt is to expand Ikano Bostad in Denmark.

nordialaw.com

FINAL_AD_230x290_5_NORDIA.indd 1 10/02/17 09.24 A AROS - PHOTO ANDERS TRÆRUP LISBJERG – A PART OF AARHUS IN THE MIDDLE OF THE LANDSCAPE A The future Aarhus must accommodate more people, which requires a denser city.

The densification takes place as an expansion of the entire city with new residential and commercial development areas in the city R center as well as in the periphery.

PHOTO: BY & HAVN The Marble Pier got its name from the first of the Free Port industries, The Marble Works, and is now a part of the ambitious urban development of Copenhagen’s Nordhavn district. The Marble Pier is best known for the characteristic star-shaped UN City which adds an international flavour to the neighbourhood along with exciting architecture close to downtown Copenhagen Come live PATRIZIA BUYING UP IN H with WATERFRONT - BASIN 7 THE NORDHAVN AREA THE SOUTH HARBOR AREA – MODERN BUSINESS ECOSYSTEM WITH AN URBAN EDGE Aarhus

In January, the investment firm Patrizia behalf of 3 Patrizia funds, for a total of In March, the company invested in a acquired 259 apartments in the Marble 27,895 sq m. 142-apartment project in Copenhagen’s Pier residential neighbourhood in Sydhavn neighbourhood. April saw the Copenhagen from the Danish institutional The properties are located in the heart acquisition of a 6-property portfolio, investor PenSam and CPH Port & City of the little peninsula known as the including 5 in Copenhagen complete U Development, the urban development Marble Pier, which boarders the island with a development project; and 1 in company responsible for the sales and housing the newly build headquarters Denmark’s second largest city, Aarhus. development of land within the City of of several UN institutions, ”the UN City”. FROM COUNTY HOSPITAL TO URBAN QUARTER Copenhagen. The Marble Pier purchase is the latest of In July, Patrizia invested in another a line of residential property acquisitions development project, comprising 16 The 3 acquisitions, which comprise 12 undertaken by Patrizia in Denmark in apartments , followed by a 177-apartment www.aarhus.dk separate properties, were undertaken on 2017. development in October—both of these > Vi udvikler Aarhus Aarhus i udvikling 48 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE S are situated at Teglholmen, in the Patrizia Immobilien AG has been active Copenhagen neighbourhood of Sydhavn. on the European property market for more than 30 years. After the acquisition – The Danish capital is a blooming of Sparinvest Property Investors and economic and cultural centre which TRIUVA in the fall of 2017 and January benefits from a growing population and 2018, respectively, Patrizia’s total increased urbanization which makes the assets under management jumped to purchase of the housing project at the €34 million. Patrizia primarily operates Marble Pier a very attractive investment as a portfolio management firm and for Patrizia’s clients, says Rikke Lykke, co-investor for insurance companies, managing director of Patrizia Nordics. pension funds, state funds, credit unions and co-op funds. DO YOU KNOW In 2013, work on the Marble Pier kicked off the development of the Nordhavn RED Cushman Wakefield represented

PHOTO: NEWS ØRESUND - JOHAN WESSMAN JOHAN - ØRESUND NEWS PHOTO: neighbourhood. the sellers and facilitated the sales The UN City was inaugurated on July 4, 2013 by Her Majesty the process, while KPMG provided financial Queen of Denmark, the UN General Secretary, the Prime Minister – This investment undertaken on behalf and fiscal guidance to the buyers in the of Denmark, the Minister of Foreign Affairs, and the Minister of of three different investors, is a great Marmormole transaction.n Development. It consists of 45,000 sq m of office space and 5,000 sq example of Patrizia’s ability to tailor its m of technical rooms and storage space in the basement. The building investment solutions to its clients’ needs, By Kamilla Sevel was designed by Danish architect firm 3XN. says Rikke Lykke. ABOUT

”Vi kunne godt skrive her, hvor gode ANTS AND og dygtige vi er inden for fast ejendom.”

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value of real estate investments. It requires cooperation and the ability to go new For det synes vi også burde være en forudsætning, når man ways. Just like the busy ants. går til advokat.”

siriusadvokater.dk 50 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE

Annonce Børsen 230x143 + 5 mm.indd 1 20/02/2018 13.53 Ants And Inno_230x290_EstatePropertyMag.indd 1 08/02/2018 20.00 „Bright minds, innovative cooperation and successful entrepreneurs. Odense’s venture starts in Cortex Park.“

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Cortex Park is part of Campus Odense. In Cortex Park, you will find Denmark’s brightest minds just around the corner.Here, world-class research is performed in close proximity of the new super University Hospital Odense (New OUH), entrepreneur environments in rapid development in the Southern Danish Science Parks and tomorrow’s professors and educators at University College Lillebaelt (UCL).

6.000 new jobs Campus Odense is situated five kilometres from the centre of Odense and, over the next ten years, Campus Odense will be subjected to a minor revolution. In Cortex Park alone, 6.000 new jobs will appear, while New OUH will bring 10.000 new jobs to the area. From 2020, everybody will be able to go by light rail to work. At Campus Odense, international students, guest researchers from all over the world and unique medical specialists will gather to become part of the venture. This is also the place where you will find entrepreneur environments determined to keep an international focus and to create success.

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—— SEE MORE AT FREJA.BIZ/CORTEX-PARK < Aalborg, especially with its housing projects in Nørresundby, is in the midst of far-reaching transformation. RENDERING: CLOUD CITY CLOUD RENDERING: Cloud City with the outstanding sculpture of Saraceno.

- The broad demand we are seeing is an indication that we have hit the nail on the head with the right type of housing and materials, says Jakob Axel Nielsen, CEO of developer Calum. PHOTO: DEAS/CALUM

part of town, Vestbyen. I am convinced that Aalborg is divided in two with Limfjorden, the project will also add something new and one of Denmark’s biggest fjords, running unique to the rest of the city and the region down the middle. And while Nørresundby, and that this will influence prices, too, says the northern half of the city, was Frank Jensen, regional director and partner traditionally an area with more industrial in EDC Erhverv Poul Erik Bech, Aalborg. area, it is starting to see residential PHOTO: DEAS development there now. These increases must be seen in the context - We are literally uprooting the factory and market with an urban rooftop garden, of recent years’ already rising sq m prices Calum is a development company that CLOUD CITY PUTS building a new foundation driven by art. If and 148 underground parking spots. The on Aalborg condominiums. is busy building at Lindholm Brygge in we hit the right architectural note, we will remaining factory buildings which make Nørresundby. By 2020, Calum will have succeed in building the structures that will up one of Denmark’s biggest heritage - Aalborg has been lagging behind on created a new 21,500 sqm residential AALBORG ON THE house new life here for the next 100 years, building sites, will house a fitness center. condominium sq m prices compared to neighbourhood there, complete with says Martin Nielsen. The area called Kedelhallen, facing the huge cities like Copenhagen and Aarhus. But townhouses and apartments. Saraceno work of art, will be the location the past 5-6 years of steady population WORLD MAP The centre piece of Cloud City will be a of an art centre. Finally, there are plans to growth, high employment rates and urban The last area at Lindholm Brygge are gigantic art installation of the same name move the Aalborg Theatre and an exclusive development have triggered an increase in expected to be built in the mid 2020s, created by the internationally renowned furniture design store to this part of the the price of condominiums built before and with a total price tag of approximately €60 The very spot where the world-famous spirits artist Tomás Saraceno from Argentina. The site. after 2006. Aalborg’s new developments, million. Gammel Dansk and Aalborg Akvavit were produced artist had huge success with a work of the including Cloud City, make it an even more same name exhibited on top of the Metro- - I believe in this. I believe that Cloud City attractive place to live, which is why we Calum is also building 43 rental housing is becoming a new spectacular residential area where politan Museum of Art in New York City. will be a unique destination which will believe that the upward price trend will units at Stigsborg Brygge where the art will share the spotlight with the heritage buildings. preserve the factory buildings and their continue, says Frank Jensen. only current occupant is the Technical If all goes as planned, the factory buildings cultural heritage--a future trademark for Administration of the City of Aalborg. But will house a unique boutique hotel. Aalborg and Denmark, says Martin Nielsen. Studies carried out by Ramboll Consulting in the future the app 50 hectares area will The transformation of Aalborg’s former Council, in its new local plan, gave formal show that Vestbyen, which is the direct be transformed to a new city with 7,500 distilleries, a project called Cloud City, permission to the developer Martin Nielsen - We are expecting to build a hotel with The commercial real estate firm EDC neighbour of Cloud City, can look forward to inhabitants within the next 25-30 years. challenges the notion that housing with to make his visions for Cloud City reality. a brand new concept housing 2- to 5-star Erhverv expects that Cloud City will add an annual property value increase of 2.45 The development area is co-financed by a view of the water is, in itself, enough The 47,000 sq m site of the distillery rooms in the same building, says Martin something special to the city and the per cent in addition to the general increase institutional investor PFA and will be to make a neighbourhood a success. The is owned by the Danish construction Nielsen. region, and that this will affect the property in Aalborg, just because of Cloud City. among the biggest development sites in developer Martin Nielsen aims to make company A. Enggaard. Martin Nielsen has market positively. Denmark in the next decades. n this new cultural quarter an attraction of an option on 19,000 sq m on the eastern The area will also feature a chocolate - All in all, the time is right to invest in international standards. part of the site, the future location of Cloud factory which produces the famous Danish - Aalborg can look forward to a new and Aalborg, as the price per sq m remains By Kamilla Sevel City, along with the right to build another brand Summerbird, and a micro-distillery, especially exciting development area which lower than in other major cities, says Frank In the summer of 2017, the Aalborg City 7,000 sq m. 6 restaurants, a 1,000 sq m street food will fuse central Aalborg with the western Jensen.

54 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 55 WELL-KNOWN COPENHAGEN RESTAURANTS OPENING IN THE AIRPORT

Upon the inauguration of its new section in Terminal 2, Copenhagen Airport will open 25 shops, cafes and restaurants including many of the newest gastronomical stars from the city’s eating scene. The airport is now revealing the first 10 restaurants to open in the new area where passengers will be able to experience popular Copenhagen eating and drinking establishments, including, The Bird - Kissmeyer, Tapa del Toro and Cock’s & Cows as well as such international favourites Espresso House and Pret A Manger.

For more than 2 out of 3 passengers, shopping and a PHOTO: KØBENHAVNS LUFTHAVNE A/S LUFTHAVNE KØBENHAVNS PHOTO: meal make up an important part of the trip, which is why In February, the last part of the new extended passport control was finished making the Copenhagen Airport will continue to expand its assortment area even more attractive and easy to access. of eating and drinking options going forward. Travellers in PHOTO: ZESO, VLA, COWI Copenhagen Airport will be given the chance to sample With a total selected specialty gins, micro brews on tap and ”the city’s of 29, 177,833 One of the first days of 2018, a party addition, Finger E will feature 13 new best burger” once the new area in Terminal 2 opens for passengers, Copenhagen Airport was held to celebrate the construction of gates, primarily for big, long-haul flights. the public in June. The airport has now gone ahead and Copenhagen the latest huge expansion of Copenhagen Copenhagen Airport is a hub for long-haul named the first 10 new eating and drinking spots in the Airport left 2017 Airport—the biggest construction project routes for all of Scandinavia which is why new section and there is something for everyone’s taste with overall in recent years: The soon-to-open Finger it is crucial for Copenhagen to make itself and budget: growth of 0.5 E which will include more gates and a an attractive place to locate. percent. building €200 million new passport control facility. The Terminal 2 expansion will add 4,000 sq m to - Finger E is a key component of the Copenhagen Airport.

- It will be gorgeous and impressive; airport’s expansion plan which, in PHOTO: KØBENHAVNS LUFTHAVNE A/S Copenhagen Airport is a crucial traffic hub light and airy—a building that will create time, will make room to service 40 addition the framework to expand capacity for million passengers annually. The plan for all of Scandinavia. Now, the airport’s long, intercontinental routes to far-off is a reflection of the airport’s spike in destinations. It is an important part of passengers these past years and an biggest construction project Finger E is the hub, says Thomas Woldbye, CEO of important step in ensuring that, going growing. Even before the first phase of Copenhagen Airport. forward, the framework is in place for Denmark’s international accessibility, the soon-to-be completed finger is ready, The first phase of Finger E is scheduled to says Kristian Jensen, Minister of Finance. open 2019. The second phase is already the project’s scope will grow from 7 to 13 under way and should be complete in An all-new passport control facility is gates with the addition of a brand new 2020. Together, the two phases will a bright and airy 2,200 sq m building add 36,000 sq m for passengers and which will be bookended by Finger E and passport control area the new passport control section. In a new office building which is being built >

56 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 57 Aalborg Seizes

to house ground handlers and the police. • Master plan: the British company Arup • Construction programming and builder consultants: - With the new, stricter EU border control regulations the Danish companies Niras and APA Architects we need more room for the police’s passport control • Structures and technical installations: Cowi the Future to provide better service to our passengers. This is of • Architecture and design: Zeso arkitekter and upmost importance, says Thomas Woldbye. Vilhelm Lauritzen - with an ambitious programme for growth towards 2025. The city is characterised by a strong • Building planning: Rambøll The first phase includes 10 tracks for arrivals and 8 for • Base building builder: Per Aarsleff increase in citizens, companies, new jobs and is the third largest municipality in Denmark. departures; as well as plenty of room for more in the • Facade: H.S. Hansen future. • Technical services: Kemper & Lauritzen n Many investors have found their way to Aalborg - but we would like more to join us. By Kamilla Sevel Finger E Facts: Finger E is the biggest Copenhagen Airport construction Visit us at MIPIM 2018 - we are looking forward to tell you about our actual projects. project since Terminal 3 was built in the 1990s. It consists of a total of 36,000 sq m to be built in two phases: The first phase includes 7 gates, an office building and a 2,200 passport control facility and is Please contact due for completion in 2019. The second phase will add another 6 gates, primarily for big, intercontinental COPENHAGEN AIRPORT flights and is expected to be ready in 2020—all at a total Christian Bjerg Peder Baltzer Nielsen cost of approximately €200 million. PASSENGER FIGURES Director - City of Aalborg City Architect - City of Aalborg [email protected] • +45 2520 2105 [email protected] • +45 2520 2200 The project builders:

Specialister i fast ejendom PHOTO: KØBENHAVNS LUFTHAVNE A/S 185,000 more passengers travelled on one of the intercontinental routes from CPH directly overseas—an increase of 6 percent, in 2017.

In 2017, new routes to New Delhi, Agadir in Morocco opened. At the same time, several airlines increased departures to Bangkok Los Angeles and New York. 2018 will offer more, longhaul routes, including Hong Kong and Amman in Jordan.

- The number of travellers on routes to China has increased 5.3 percent to a total of 283,000. Routes to the US are also thriving with growth of 3.7 percent to 1,090,000 passengers, says Thomas Woldbye, CEO of Copenhagen Airport.

Other destinations that have increased in popularity include Dubai whose passenger figures have increased 9.7 percent to 351,000; and the biggest increase of all: Canada with 20.7 percent growth to 157,000 passengers. www.gangsted.dk REAL ESTATE . NETWORKING . EVENT . EJENDOMSDAGENE.DK EJENDOMS DAGENE INVESTERING UDVIKLING DRIFT

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Partners: NO-SIZE FITS-ALL CBRE provides tailored real estate services to meet each client’s unique needs and to deliver value beyond expectations by offering unparalleled tools and resources, PHOTO: MICHAEL LEVIN/BLOX From 1772 until 1923, the Bryghus (brewery) site was the home of The Royal Brewery. For more than 150 years, beer was brewed for the king and his people on this spot. In 1960, the Bryghus burned down. For the past 50 years, the area has been used as a temporary playground and leverage, credibility, market coverage parking lot but now it will be the location of a new centre which will add another attractive destination to the map of Copenhagen. and local expertise – WORLDWIDE

MEET US AT MIPIM 2018

The new building, designed by the Dutch BLOX is a new and architect Rem Kolhaas, will also be a new logistics center in central Copenhagen, near the harbourfront. A number of new bridges will be built along the harbour extraordinary place to provide easy access to outdoor recreational urban spaces, playgrounds, homes and cafés. to be in Copenhagen In early January, the German contractor Züblin handed over the keys to the builder. Now several Danish organizations and other tenants are getting settled. This spring, Copenhagen's new center for archi- The new urban spaces, the small foot- tecture, construction and urban development will bridge over Frederiksholm Canal and the upcoming bike and footbridge over the open its doors - adding a new focal point on the harbour beneath Vester Voldgade with its landing on Langebrogade will bring Copenhagen harbourfront. thousands of people to the area every day. This part of the inner harbor will be Denmark is taking another step towards construction and real estate industries—a connected and city life will be drawn to becoming a hub for architects, design, place to work, research and reflect. the waterfront again. This makes BLOX construction and urban development. A the natural starting point for a visit to new major urban development project in At the same time, the building concept the area's more than 20 cultural institu- Copenhagen will bring all of the elements is completely unique with its host of tions. From the new architecture center, together and without a doubt become different functions: exhibitions, offices it is only five minutes on foot to famous an international meeting point for the and homes in one and the same property. Copenhagen attractions such as the Glyp- >

62 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE BIKE, RUN OR toteket, The Royal Danish Arsenal Muse- Cultural Quarter. A number of museums, um, The Black Diamond and Tivoli. institutions and attractions have joined WALK AROUND THE forces to brand the area to the benefit of HARBOURFRONT - We are proud of the result and thrilled local Copenhageners and the city’s guests to work with Züblin. BLOX is a huge and tourists. It is possible to walk, run and bike around Copenhagen’s and very complex project that requires harbour on a system of paths. Havneringen (the harbour considerable overview and strong Dansk Arkitektur Center (The Danish loop) stretches from Nyhavn in the north to Slusen in competencies. This makes it even more Architecture Centre) which is moving into the south and connects the harbour to four bike- and of an achievement to deliver the project BLOX, is part of the cultural quarter. footbridges: Inderhavnsbroen, Cirkelbroen, Bryggebroen on time, of the projected quality and and Slusen. on budget, says Peter Fangel Poulsen, BLOX will open on May 6, 2018 with an project manager on BLOX, Realdania By inaugural fair.n Havneringen intersects 12 unique neighbourhoods, each & Byg. By Kamilla Sevel with their own special identity. The route is 13 km long but can also be experienced in smaller sections of e.g. 2, Slotsholm and the surrounding urban 4 or 7 km. area is meant to be Copenhagen’s København Centrum

Cph Highline

PHOTO: DRAGØR LUFTFOTO/BLOX FORMER BREWERY BECOMES NEW HOT SPOT Borgmesteren Scanport BLOX is located on the Bryghus Ørestad City (brewery) site, which was established in the 1660s when the harbourfront and Frederiksholm began to fill up.

As early as 1767, beer was brewed on the spot. Udvikl din virksomhed… In 1994, the Danish government gave the public developer Ørestads- selskabet the land to sell. Udvikl din virksomhed i de rette omgivelser! Og i et inspi- et aktivt nærområde, indkøb, restauranter samt udsigt til rerende miljø, hvor arbejdsglæden er i top og mængden af vandet. Så har du fællestrækkene for vores kontorer i Køben- Realdania By & Byg purchased unødvendige kvadratmeter er i bund. havn, som du finder på så forskellige adresser som Ørestad, the Bryghus site in 2005 with the Havneholmen og Scanport. purpose of building a new centre of Vi er i Skanska overbeviste om, at nøglen til det gode arbejds- exceptional architectural quality to miljø ligger i kontorer med godt indeklima, effektive kvadrat- Kontakt os for en dialog om hvordan vores nye kontorer kan strengthen the area and help connect meter og inspirerende, aktivitetstilpasset indretning. Føj dertil blive en del af din virksomheds udvikling på tlf. 44 77 99 90 Blox has yet to open its doors, but still people are talking about its architecture--the work of the city and its harbourfront. nærhed til offentlig transport og herlighedsværdier som eller se mere på skanska.dk the world-renowned Dutch architect Rem Koolhaas.

64 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE BUSINESS GUIDE ANALYSIS - ARCHITECTS - ASSET MANAGEMENT

EXOMETRIC ÅRSTIDERNE ARKITEKTER A/S Ellebjergvej 52, 2450 København SV Ravnsborg Tværgade 5c, 3. sal, 2200 København N ANALYSIS Tlf.: 29 38 74 80 Tlf.: 70 24 21 00 Kontakt: Nikolaj Pfeiffer, direktør Kontakt: Mikkel Westfall, partner Email: [email protected] Email: [email protected] Web: www.exometric.com Web: www.aarstiderne.dk Vores analyser forudser udvikling og adfærd gennem arbejde med big data og Vi skaber innovative og bæredygtige løsninger inden for LIVING, WORKING og avanceret datafusion. SHOPPING

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fra udsmykninger hos Sjælsø Gruppen, Danske Leasing, Deloitte og mange andre. MANAGEMENT ASSET Aberdeen er den største kapitalforvalter i Europa og har global forvaltning af ejen- BUSINESS GUIDE domsinvesteringer An overview of the Danish construction and real estate business. Find your partner in the Danish market SIGNAL ARKITEKTER APS DEAS PROPERTY ASSET MANAGEMENT A/S Århusgade 88, 2. sal, 2100 København Ø Dirch Passers Allé 76, 2000 Frederiksberg Tlf.: 35 29 30 70 Tlf.: 70 30 20 20 Kontakt: Gitte Andersen, adm. direktør Kontakt: Kim Nielsen, direktør Email: [email protected] Email: [email protected] Web: www.signal-arki.dk Web: www.deas.dk Vi rådgiver om proces- & rumdesign, og udformer rum, der befordrer trivsel. Vi er FAIF-godkendt af Finanstilsynet og øger ejendommens værdi for vores kunder ved proaktivt at udvikle og optimere drift og afkast.

SKALA Arkitekter A/S FOKUS ASSET MANAGEMENT A/S København K - Horsens Bomhusvej 13, 1. 2100 København Ø TLF: 72 48 82 22 Tlf.: 70 10 00 75 KONTAKT: Kurt Ankjær E-MAIL: [email protected] Kontakt: Tonny Nielsen, CEO/Partner WEB: skala-ark.dk Email: [email protected] Web: www.fokusasset.dk Aktiv og værdiskabende ejendomsforvaltning med vægt på investeringsstrategi herun- SKALA skaber merværdi med innovative og bæredygtige løsninger. der udvikling og optimering af ejendomme, transaktioner og ejendomsadministration.

SPACELAB ARKITEKTER NORDEA EJENDOMME Carl Jacobsens Vej 20, 2500 Valby Ejby Industrivej 38, 2600 Glostrup Tlf.: 36 46 58 54 ARKITEKTER Tlf.: 43 33 80 00 Kontakt: Dorte Friis & Bjørn Sommer Email: [email protected] Email: [email protected] Web: www.nordeaejendomme.dk Web: www.spacelab.dk En af Danmarks største udbydere af erhvervs- og boliglejemål. Forvandling, optimering og udvikling af ejendomme - vores spidskompetence.

66 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 67 BUSINESS GUIDE BUSINESS GUIDE ASSET MANAGEMENT - AUDITING - BUILDING CONSULTANCY - COMMERCIAL PROPERTY SERVICES COMMERCIAL PROPERTY SERVICES

PATRIZIA DENMARK A/S BYR GRUPPEN A/S CUSHMAN & WAKEFIELD | RED DN ERHVERV A/S Adelgade 15, 2, 1304 København K Lygten 11, 2400 København NV Amaliegade 3, 5. sal, 1256 København K Strandvejen 60, 5.sal, 2900 Hellerup Tlf.: 33 18 68 68 Tlf.: 70 26 22 42 Tlf.: 33 13 13 99 Tlf.: 70 26 82 62 Kontakt: Rikke Lykke, Managing Director Kontakt: Rasmus Storgaard, direktør & bygherrerådgiver Kontakt: Bjarne Jensen, ejd. mægler, MRICS Kontakt: Thomas Ruhoff, cand. silv. og ejendomsmægler MDE Email: [email protected] Email: [email protected] Email: [email protected] Email: [email protected] Web: www.patrizia.ag Web: www.BYR.dk Web: www.red.dk Web: www.dn-erhverv.dk PATRIZIA Danmark skaber de bedste rammer for lejere, investorer og medarbejdere. Personlig bygherrerådgivning med følgende specialer: Strategisk og værdiskabende Cushman & Wakefield | RED er mæglere og rådgivere inden for erhvervsejendom- Erhvervsmægler med speciale i rådgivning vedr. køb og salg af investeringsejendom- Vi investerer i boliger, kontor- og butiksejendomme i Storkøbenhavn, og vi driver og bygherrerådgivning, byggeledelse, teknisk due diligence, projektudvikling og risiko- me, hvor de primære kompetenceområder er danske investeringsejendomme, retail me. udvikler ejendomme af den højeste kvalitet – fordi vi forstår vigtigheden af gode, styring. services, udlejning, vurderinger og analysearbejde. fysiske rammer. CONSULTANCY BUILDING

DELOITTE DEAS DAL ERHVERVSMÆGLER EDC ERHVERV POUL ERIK BECH Weidekampsgade 6, 2300 København S Dirch Passers Allé 76, 2000 Frederiksberg Forbindelsesvej 12, 2100 København Ø Bremerholm 29, 1069 København K AUDITING Tlf.: 36 10 20 30 Tlf.: 70 30 20 20 Tlf.: 70 300 555 Tlf.: 33 30 10 00 Kontakt: Thomas Frommelt, partner Kontakt: Kristian Kongstad, afdelingsdirektør Kontakt: Hans Dal Pedersen, indehaver, cand.jur. Kontakt: Poul Erik Bech, adm. direktør Email: [email protected] Email: [email protected] ejendomsmægler & valuar MDE Email: [email protected] Web: www.deloitte.com Web: www.deas.dk Email: [email protected] Web: www.poulerikbech.dk/erhverv Deloittes eksperter yder uafhængig, forretningsorienteret rådgivning om fast ejendom. Vi tilbyder bygherrerådgivning, byggeteknisk rådgivning og projektstyring af alle Web: www.dal.dk EDC Erhverv Poul Erik Bech er specialister inden for salg, udlejning, vurdering og typer ejendomme, så kunden opnår den optimale løsning på kort og langt sigt. DAL Erhvervsmægler er specialiseret i salg, udlejning og vurdering af er­hvervslejemål rådgivning vedrørende erhvervsejendomme. Vi er landsdækkende repræsenteret med og erhvervsejendomme i København og hovedstadsområdet. 16 erhvervscentre.

EY CBRE A/S DANBOLIG ERHVERV KØBENHAVN LA COUR & LYKKE La Cour & Lykke Osvald Helmuths Vej 4, Postboks 250, 2000 Frederiksberg Rued Langgaards Vej 6-8, 2300 København S Østerfælled Torv 10, 2100 København Ø Vingårdstræde 13, 1070 København K Tlf.: 73 23 30 00 Tlf.: 70 22 96 01 Tlf.: 70 22 85 95 Tlf.: 33 30 10 50 Kontakt: Henrik Reedtz, partner, stat. aut. revisor Kontakt: Niels Cederholm, adm. direktør, advokat, Kontakt: Mads Roepstorff, direktør Kontakt: Kristian Hartmann, salgs- og udlejningschef Email: [email protected] LL.M., MRICS, ejendomsmægler, valuar Email: [email protected] Email: [email protected] Web: www.ey.com/DK/da/Home Email: [email protected] Web: danbolig.dk/Erhverv/FindDinMaegler/Butik/Kobenhavn/ Web: www.ll.dk Web: www.cbre.dk Salg, vurdering, udlejning, rådgivning, ejendomsoptimering, og La Cour & Lykke sørger for en hurtig og tryg formidling af erhvervslokaler i Køben- Investering, Udlejning, Vurdering, Corporate Services, Building Consultancy, Asset investeringsejendomme havn. Hvert år sikrer La Cour & Lykkes medarbejdere, at flere end 150 erhvervsvirk- Management. somheder får nyt domicil. COMMERCIAL PROPERTY SERVICES PROPERTY COMMERCIAL

KPMG CITY & CENTER PROPERTY A/S DANBOLIG NIELS HALD LINTRUP & NORGART A/S Dampfærgevej 28, 2100 København Ø Østergade 4, 1100 København K PROJEKTSALG KØBENHAVN Jens Kofods Gade 1, 1268 København K Tlf.: 52 15 00 25 Tlf.: 70 70 72 42 Østerfælled Torv 10, 2100 København Ø Tlf.: 70 23 63 30 Kontakt: Michael Tuborg, Director Kontakt: Peter Mahony, CEO, partner, Tlf.: 32 83 06 10 Kontakt: Stig Lintrup, partner & ejendomsmægler, MDE Email: [email protected] Certified Real Estate Agent, valuar, cand. geom. Kontakt: Alice Lotinga, partner, projektdirektør Email: [email protected] Web: www.kpmg.com/dk/en/pages/default.aspx Email: [email protected] Email: [email protected] Web: www.linor.dk KPMG’s branchegruppe for ejendomme – vi kan meget mere end revision. Web: www.cc-p.dk Web: www.danbolig.dk/Erhverv/FindDinMaegler/Butik/projektsalg-kobenhavn/ Udlejning og salg af kontor-, lager-, liebhaver-, udviklings- og investeringsejendomme. City & Center Property er et uafhængigt erhvervsejendomsmæglerfirma, som leverer Vi har mange års erfaring i projektsalg, aptering, materialer/valg, indretning mm. ydelser inden for: salg, udlejning, udvikling, og vurdering af erhvervsejendomme i city- & centerområder.

REDMARK STATSAUTORISERET COLLIERS INTERNATIONAL DANMARK A/S DEAS ERHVERV NAI DANMARK Gammel Kongevej 11, 1610 København V Dirch Passers Allé 76, 2000 Frederiksberg Forbindelsesvej 12, 2100 København Ø REVISIONSPARTNERSELSKAB Dirch Passers Allé 76, 2000 Frederiksberg Tlf.: 70 23 00 20 Tlf.: 70 30 20 20 Tlf.: 72 31 20 00 Tlf.: 39 16 36 36 Kontakt: Peter Lassen, COO & partner, Kontakt: Annett Norén Beckert, udlejningsschef Kontakt: Hans Dal Pedersen, indehaver, cand.jur., ejendomsmægler & valuar MDE Kontakt: Connie Søborg Hansen, statsaut. revisor, partner erhvervsejendomsmægler, MDE, valuar Email: [email protected] Email: [email protected] Email: [email protected] Email: [email protected] Web: www.deaserhverv.dk Web: www.nai.dk Web: www.redmark.dk Web: www.colliers.dk Vi sikrer vores kunder den bedste rådgivning i forbindelse med udlejning, vurdering NAI Danmark sælger og udlejer større erhvervsejendomme. Dansk repræsentant Vi sætter kunden i centrum og arbejder altid for at skabe merværdi i de opgaver, vi Rådgivning, salg, udlejning, investering, vurdering, analyse. 5 afdelinger i Danmark. samt køb og salg af erhvervs- og investeringsejendomme. for NAI Global, Verdens største netværk af uafhængige erhvervsmæglere, med 375 løser i samarbejde med vores kunder. Vi tilbyder revision, regnskabsassistance og kontorer i 60 lande. rådgivning til ejendomsbranchen.

68 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 69 BUSINESS GUIDE BUSINESS GUIDE COMMERCIAL PROPERTY SERVICES - CONTRACTING - CORPORATE FINANCE/M&A - DATABASES DEVELOPERS - ENERGY OPTIMIZATION - ENGINEERS - FACILITY MANAGEMENT

Nybolig Erhverv København A/S Investering | Salg | Udlejning | Vurdering | Rådgivning | Analyse HHM A/S DEAS OPP SKANSKA A/S Bragesvej 4, 3400 Hillerød Dirch Passers Allé 76, 2000 Frederiksberg Havneholmen 25, 1561 København V Nybolig Erhverv København A/S er blandt de førende mæglere inden for køb, salg, leje og vurdering af erhvervs- og investerings- Tlf.: 22 70 70 11 Tlf.: 70 30 20 20 Tel.: 44 68 05 65

ejendomme i København og omegn. Kontakt: Svend Pedersen DEVELOPERS Kontakt: Lars Olaf Larsen, afdelingsdirektør Contact: Elo Alsing, markedschef Email: [email protected] Email: [email protected] Email: [email protected] Kontakt: Jacob Lund, adm. direktør, partner, MDE, valuar Tlf.: 3364 6543 Web: www.hhm.dk Web: www.deas.dk Web: www.skanska.dk E-mail: [email protected] Nybyg og renovering i en effektiv proces der realiserer kundens behov. Vi tilbyder kvalificerede, langsigtede og totaløkonomiske helhedsløsninger i drift og Udvikling af ejendomme til bolig og erhverv i Storkøbenhavn. Web: www.nyboligerhverv.dk/koebenhavn anlæggelse af OPP-projekter samt administration af OPP-selskabet. Adresse: Vester Farimagsgade 7, 3. sal, 1606 København V

NYBOLIG ERHVERV HOFFMANN A/S FB GRUPPEN DEAS Kalvebod Brygge 1-3, 1780 København V Fabriksparken 66, 2600 Glostrup Grønttorvet 6, 2500 Valby Dirch Passers Allé 76, 2000 Frederiksberg Tlf.: 44 55 56 20 Tlf.: 43 29 90 00 Tlf.: 33 86 20 20 Tlf.: 70 30 20 20 Kontakt: Mariana Møller, seniorkonsulent Kontakt: Torben Bjørk Nielsen, adm. direktør Kontakt: Hans-Bo Hyldig, direktør Kontakt: Hans Andersen, afdelingschef Email: [email protected] Email: [email protected] Email: [email protected] Email: [email protected] Web: www.nyboligerhverv.dk Web: www.hoffmann.dk Web: www.fbgruppen.dk Web: www.deas.dk Kompetent rådgivning skaber et godt beslutningsgrundlag. Vi giver dig viden og ind- Den løsningsorienterede partner. FB Gruppen udvikler, bygger og sælger boliger. Vi håndterer projektudvikling, projekt- Vi rådgiver bygningsejeren om mulighederne for energibesparende initiativer samt sigt, når du vil investere, sælge, leje, udleje eller ønsker en vurdering. 25 forretninger i og byggestyring, samt salg og udlejning. leder og udvikler energirenoveringer af ejendomme og centre.

Danmark og stærkt internationalt samarbejde. OPTIMIZATION ENERGY

THORKILD KRISTENSEN INNOVATER A/S NIRAS A/S Hasserisvej 143, 9000 Aalborg BRUNSWICK REAL ESTATE Marselisborg Havnevej 56, 2. Sortemosevej 19, 3450 Allerød

Tlf.: 96 31 60 00 Frederiksborggade 15, 11. sal, 1360 København K 8000 Aarhus C ENGINEERS Teknikerbyen 34, 2839 Virum Kontakt: Peter Fredberg, partner Tlf.: 30 10 24 08 Tlf.: 70 26 70 10 Tlf.: 48 10 42 00 / 88 19 10 00 Email: [email protected] Kontakt: Jacob Kjær, Partner & Head of Denmark Email: [email protected] Kontakt: Dennis Olsen, markedsdirektør / Peter Nielsen, markedsdirektør Web: www.thorkild-kristensen.dk Email: [email protected] Web: www.innovater.dk Email: [email protected] / [email protected] Uafhængig mægler MDE. specialister i salg af investeringsejendomme. Web: www. brunswickrealestate.com Projektudvikling af ejendomme, udlejning og salg af erhvervs- og retailprojekter til Web: www.niras.dk Brunswick Real Estate er alene fokuseret på at yde transaktions- lejere og investorer. Fokus er på dagligvarebutikker samt lokal- og bydelscentre med NIRAS - en skandinavisk rådgiver med alle ydelser i et hus. rådgivning inden for fast ejendom. Del af et førende nordisk setup. både dagligvarer, øvrige butikker, erhverv samt boliger. CORPORATE FINANCE/M&A CORPORATE

CAVERION DANMARK A/S LOKALEBASEN.DK A/S KUBEN MANAGEMENT A/S DEAS FACILITY SERVICES Vejlevej 123, 7000 Fredericia Æbeløgade 4, 1., 2100 København Ø Ellebjergvej 52, 2450 København SV Dirch Passers Allé 76, 2000 Frederiksberg Tlf.: 76 23 23 23 Tlf.: 70 20 08 14 Tel.: 70 11 45 01 Tlf.: 70 30 20 20 DATABASES Kontakt: Kontakt: Jakob Dalhoff, adm. direktør Contact: Henrik Offendal, markedschef Kontakt: Peter Blomgreen, afdelingschef CONTRACTING Email: [email protected] Email: [email protected] Email: [email protected] Email: [email protected] Web: www.caverion.dk Web: www.lokalebasen.dk Web: www.kubenman.dk Web: www.deas.dk Caverion Danmark A/S har ca. 1.000 ansatte fordelt på kontorer og servicecentre i de Udlejning af erhvervslokaler i hele Danmark. Stor synlighed i markedet. Landsdækkende rådgivning til udvikling og gennemførelse af byggeri. Specialister i Vi garanterer en sikker drift af alle typer ejendomme gennem ydelser som renhold, større danske byer. Vi designer, udvikler og vedligeholder brugervenlige og energief- boligbyggeri og kombinationsbyggerier fra tidlig idéudvikling til 5-års gennemgang – pasning af grønne områder og tekniske anlæg, snerydning samt receptions- og

fektive bygningssystemer og tilbyder industrielle serviceløsninger. herunder økonomisk, juridisk og teknisk rådgivning. MANAGEMENT FACILITY kantinedrift.

ENEMÆRKE & PETERSEN A/S RESPACE MAYCON -EJENDOMSUDVIKLING EJENDOMSVIRKE A/S Ole Hansens Vej 1, 4100 Ringsted Studiestræde 19, 1455 København K Gedebjergvej 5, 4700 Næstved Hirsemarken 3, 3520 Farum Tlf.: 57 61 72 72 Tlf.: 70 60 50 12 Tlf.: 55 77 01 00 Tlf.: 44 34 21 20 Kontakt: Rasmus Karkov, relations- og markedschef Kontakt: Jan Kristensen, partner Kontakt: Anders Mayland, direktør / Bjarne Mayland, projektudvikler Kontakt: Bent Amsinck, adm. direktør Email: [email protected] Email: [email protected] Email: [email protected] / [email protected] Email: [email protected] Web: www.eogp.dk Web: www.respace.dk Web: www.maycon.dk Web: www.ejendomsvirke.dk Mennesker, der bygger for mennesker. Respace er for alle! Få en flot præsentation med en af vores fire annoncepakker, som Maycon – ejendomsudvikling. Med alsidige kompetencer. Et solidt netværk samt Facility Management. Vi driver, styrer og forbedrer ejendomme. Individuelle drifts- og spænder fra Free (ja, den er helt gratis) til vores toppakke Pro, som kun koster kr. 249 mere end 40 års erfaring inden for byggeri og projektudvikling, kan vi varetage hele serviceløsninger tilpasset den enkelte kunde. + moms pr. emne pr. måned. projekt- byggefasen fra køb af grund til salg af færdigt projekt til investor/bruger.

70 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 71 BUSINESS GUIDE BUSINESS GUIDE FACILITY MANAGEMENT - FINANCIAL ADVISORS - FINANCING - INSURANCE BROKERS - LEGAL ADVICE LEGAL ADVICE

GREEN CIRCLE A/S ACCURA GORRISSEN FEDERSPIEL KIRK LARSEN & ASCANIUS Kirkebjerg Alle 90, 2605 Brøndby Tuborg Boulevard 1, 2900 Hellerup Axeltorv 2, 1609 København V Torvet 21, 6700 Esbjerg Tlf.: 46 34 20 99 Tlf.: 39 45 28 00 Tlf.: 33 41 41 41 Tlf.: 70 22 66 60 Kontakt: Erik Jensen, adm. direktør Kontakt: Henrik Groos, partner / Jon Dyhre Hansen, partner Kontakt: Merete Larsen, advokat, partner Kontakt: Jacob Ladefoged, partner, advokat Email: [email protected] ADVICE LEGAL Email: [email protected] / [email protected] Email: [email protected] Email: [email protected] Web: www.greencircle.dk Web: www.accura.dk Web: www.gorrissenfederspiel.com Web: www.kirklarsen.dk Green circle tilbyder fleksible og skræddersyede facility service løsninger. ACCURA er et af Danmarks førende advokatfirmaer inden for fast ejendom. Rådgivning om alle aspekter af fast ejendom, Vurdering og beskatning af fast ejendom. Køb, salg og projektudvikling af ejendomme ADVOKATER finansiering, udbud, projekter m.v. i ind- og udland.

JEUDAN SERVICEPARTNER A/S BECH-BRUUN HOMANN ADVOKATER LUND ELMER SANDAGER Bredgade 30, 1260 København K Langelinie Alle 35, 2100 København Ø Amagertorv 11, 1160 København K Kalvebod Brygge 39-41 Tlf.: 70 10 60 70 Tlf.: 72 27 34 35 Tlf.: 33 12 60 41 1560 København V Kontakt: Kenneth Ohlendorff Kontakt: Steen Puch Holm-Larsen, partner Kontakt: Gregers R. Lauridsen, advokat Tlf.: 33 30 02 00 Email: [email protected] Email: [email protected] Email: [email protected] Kontakt: Steen Raagaard Andersen, advokat (H) Web: www.jeudan.dk Web: www.bechbruun.com Web: www.homannlaw.dk Email: [email protected] Med alle faggrupper samlet under et tag, kan Jeudan Servicepartner holde hus med Bech-Bruun rådgiver inden for alle områder, der vedrører fast ejendom og entreprise. Homann yder kvalificeret rådgivning inden for alle områder af fast ejendom. Web: www.lundelmersandager.dk alt. Fra kælder til kvist. Både hvis du er Jeudan-kunde, og hvis du ikke er. ADVOKATER Vi yder specialistrådgivning inden for fast ejendom, development og entrepri- se.

MAGNIPARTNERS BRUUN & HJEJLE HORTEN ADVOKATPARTNERSELSKAB LUNDGRENS Nørregade 21, 1165 København K Philip Heymans Allé 7, 2900 Hellerup ADVOKATPARTNERSELSKAB Dr. Tværgade 4A, 1302 København K Tlf.: 33 34 50 00 Tlf.: 33 34 40 00 Tuborg Havnevej 19, 2900 Hellerup Tlf.: 24 82 98 74 Kontakt: Søren Damgaard, partner Kontakt: Michael Neumann, advokat, partner Tlf.: 35 25 25 35 Kontakt: Jens Erik Gravengaard, direktør og partner Email: [email protected] Email: [email protected] Kontakt: Niels Gram-Hanssen, partner, advokat Email: [email protected] Web: www.bruunhjejle.dk Web: www.horten.dk Email: [email protected] Web: www.magnipartners.dk Bruun & Hjejle yder kvalificeret rådgiving inden for alle områder af fast ejendom. Horten tilbyder målrettet rådgivning inden for fast ejendom, erhvervslejeret og Web: www.lundgrens.dk

FINANCIAL ADVISORS FINANCIAL Finansielt rådgivningshus som er eksperter inden for ejendomme og finansiering entrepriseret. Vi har en dyb kommerciel forståelse for ejendomsmarkedet og et meget bredt netværk generelt. i branchen. Ud over juridisk bistand på højeste niveau får du også adgang til et stærkt netværk i branchen og en kommerciel tilgang til den konkrete sag.

NORDEA DENMARK - COMMERCIAL DELACOUR HUSEN ADVOKATER MAZANTI-ANDERSEN KORSØ JENSEN BANKING REAL ESTATE Åboulevarden 13, 8000 Aarhus C Havnegade 29, 1058 København K ADVOKATPARTNERSELSKAB FINANCING Vesterbrogade 8, 0900 København C Tlf.: 70 11 11 22 Tlf.: 33 32 26 26 Amaliegade 10, 1256 København K Tlf.: 55 47 42 14 Kontakt: Jakob Nielsen, advokat (H), partner Kontakt: Finn Hasselriis, advokat (H), partner Tlf.: 33 14 35 36 Kontakt: Jan Andreasen, erhvervskundedirektør Email: [email protected] Email: [email protected] Kontakt: Claus Høxbro, partner / Bjarke Sanbeck, partner Email: [email protected] Web: www.delacour.dk Web: www.husenadvokater.dk Email: [email protected] / [email protected] Web: www.nordea.dk/erhverv Vi vil være erhvervslivets foretrukne advokat - også inden for fast ejendom, entreprise Specialister i lejeret, entrepriseret, køb/salg, rådgiveransvar og projektudvikling. Web: www.mazanti.dk Ejendomsfinansiering samt øvrige daglige bankforretninger. og udbud. Vi rådgiver alle dele af ejendomsbranchen, herunder investorer, developere, entreprenører, rådgivere og finansieringskilder.

DLA PIPER DENMARK ASSURANCE PARTNER A/S www.dlapiper.dk JORDAN | LØGSTRUP NJORD LAW FIRM Gammel Kongevej 160, 1850 Frederiksberg C Vesterbrogade 33, 1620 København V Pilestræde 58, 1112 København K Tlf.: 33 55 77 66 Tlf.: 33 25 54 00 Tlf.: 33 12 45 22 Kontakt: Niels Ole Sloth, forsikringsmægler/indehaver KØBENHAVN AARHUS Kontakt: Henriette Jordan, advokat & partner Kontakt: Lars Merrild Hareskov, advokat (H), partner Email: [email protected] Rådhuspladsen 4 DOKK1, Hack Kampmanns Plads 2 Email: [email protected] Email: [email protected] Web: www.assurancepartner.dk 1550 København V 8000 Aarhus Web: www.stenohus.dk Web: www.njordlaw.com Uvildig forsikringsmægler med speciale i rådgivning om forsikring af ejendomme, Kontakt: Line Marie Pedersen Kontakt: Lene Lange Som færende advokatvirksomhed inden for fast ejendom og entreprise rådgiver vi om [email protected] [email protected] Jordan | Løgstrup tilbyder professionel og helhedsorienteret rådgivning inden for både INSURANCE BROKERS INSURANCE entreprise, projektansvar samt byggeskadeforsikring. bolig- og erhvervslejeret, entrepriseret og køb af erhvervsejendomme. entrepriseret, miljø- og planlovgivning og erhvervs- og boliglejeret lokalt, internationalt DLA Piper er specialister inden for alle områder, der vedrører fast ejendom og entreprise. og på tværs af hele Norden.

72 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 73 BUSINESS GUIDE BUSINESS GUIDE LEGAL ADVICE - MEDIA, ADVERTISING AND COMMUNICATION - PARKING SOLUTIONS - PROPERTY INVESTMENT PROPERTY INVESTMENT

NT ADVOKATER LIZETTE KABRÉ CALUM A/S FREJA EJENDOMME A/S Østbanegade 55, 2100 København Ø Baggesensgade 16, 3.sal, 2200 København N Vestre Havnepromenade 21, 9000 Aalborg Gl. Kongevej 60, 1850 Frederiksberg C Tlf.: 35 44 70 00 Tlf.: 33 25 10 02 Tlf.: 29 31 00 00 Tlf.: 33 73 08 00 Kontakt: Knud-Erik Kofoed, advokat (H), partner Kontakt: Lizette Kabré, fotograf Kontakt: Jakob Axel Nielsen Email: [email protected] Email: [email protected] Email: [email protected] Email: [email protected] Web: www.freja.biz Web: www.ntadvokater.dk Web: www.lizettekabre.dk Web: www.calum.dk Vi skaber nyt liv - udvikler og sælger tidligere statslige ejendomme. Specialistrådgivning inden for fast ejendom, projektudvikling, transaktion, Fotojournalist og ekspert i portrætter, reportagefotografi, branding og pressebilleder. CALUM udvikler fast ejendom med fokus på god arkitektur, kvalitet og beliggenhed. finansiering, udbud og opførelse samt drift.

SIRIUS ADVOKATER MAXGRUPPEN CASTELLUM JEUDAN A/S Nøjsomhedsvej 31, baghuset, Kay Fiskers Plads 9,5, 2300 København S Bredgade 30, 1260 København K Frederiksberggade 11, 1459 København K 2800 Kgs. Lyngby Tlf: 40 11 66 15 Tlf.: 70 10 60 70 Tlf.: 70 27 77 28 Kontakt: Bettina Lange, regionschef Kontakt: Morten Aagaard, underdirektør Tlf.: 88 88 85 85 COMMUNICATION AND ADVERTISING MEDIA, Kontakt: Liv Helth Lauersen, partner, advokat (L) Kontakt: Bastiaan Prakke, direktør Email: [email protected] Email: [email protected] Email: [email protected] Email: [email protected] Web: www.castellum.dk Web: www.jeudan.dk Web: www.siriusadvokater.com Web: www.maxgruppen.dk Castellum ejer, forvalter, udlejer og udvikler industri-, kontor- og butikslokaler i eks- Jeudan A/S er et børsnoteret ejendomsselskab, som investerer i og driver kontor-, SIRIUS advokater har en løsningsorienteret og 360-graders tilgang til alle juridiske Specialist i print og montering af reklameprojekter til ejendomsbranchen. pansive områder i øresundsregionen. Velkommen til at kontakte os. bolig- og detailejendomme i København og omegn. aspekter i relation til bygge- og anlægsopgaver, udbud, erhvervslejeret og køb og salg.

VINCIT ADVOKATER APCOA PARKING DANMARK C.W. OBEL EJENDOMME A/S PARK STREET NORDICOM A/S Trondhjems Plads 3, 4., 2100 København Ø Lanciavej 1A, DK-7100 Vejle Vestergade 2C, 1456 København K Svanevej 12, 2400 København NV Tlf.: 70 26 02 64 Tlf.: 70 23 13 31 Tlf.: 33 33 94 94 Tlf.: 33 33 93 03 Kontakt: Tina Grønning, advokat (H) Kontakt: Michael Christensen, adm. direktør Kontakt: Torben Black, direktør Kontakt: Pradeep Pattem, CEO Email: [email protected] Email: [email protected] Email: [email protected] Email: [email protected] Web: www.vincitlaw.com Web: www.apcoa.dk Web: www.cwobel-ejendomme.dk Web: www.nordicom.dk Speciale i fast ejendom i Norden og Tyskland, byggejura, forsikringsret og voldgift. Parkering med kunden i fokus - Innovative og brugervenlige parkeringsløsninger. Bedre rammer. Bedre resultater. Nordicom A/S er et selskab inden for ejendomsbranchen. PARKING SOLUTIONS PARKING

WINSLØW ADVOKATFIRMA Q-PARK OPERATIONS DENMARK A/S DADES PATRIZIA DENMARK A/S Gammel Strand 34, 1202 København K Gladsaxevej 378, 2860 Søborg Lyngby Hovedgade 4, 2800 Kgs. Lyngby Adelgade 15, 2, 1304 København K Tlf.: 33 32 10 33 Tlf.: 7025 7212 Tlf.: 45 26 01 00 Tlf.: 33 18 68 68 Kontakt: Iben Mai Winsløw, advokat (L), partner Kontakt: Nils Christian Hansen, salgschef Kontakt: Boris Nørgaard Kjeldsen, adm. direktør Kontakt: Rikke Lykke, Managing Director Email: [email protected] Email: [email protected] Email: [email protected] Email: [email protected] Web: www.winlaw.dk Web: www.q-park.adk Web: www.dades.dk Web: www.patrizia.ag Omsætning af fast ejendom, erhvervslejeret, entrepriseret og planret. Parkeringsløsninger med kvalitet og kundefokus. Opsyn samt drift, leje og køb af DADES’ forretningsgrundlag er at købe og udvikle butikscentre og erhvervsejendom- PATRIZIA Danmark skaber de bedste rammer for lejere, investorer og medarbejdere. parkeringsanlæg. me. Vi investerer i boliger, kontor- og butiksejendomme i Storkøbenhavn, og vi driver og udvikler ejendomme af den højeste kvalitet – fordi vi forstår vigtigheden af gode, fysiske rammer.

BYGGERIETS BILLEDBANK ATP Ejendomme DE FORENEDE EJENDOMSSELSKABER A/S WIHLBORGS A/S Portnerpavillionen, Vældegårdsvej 56, 2820 Gentofte Gothersgade 49, 1123 København K Vestagervej 5, 2100 København Ø Kontorfællesskabet Herlev Maskinfabrik Tlf.: 53 80 10 30 Tlf.: 33 36 61 61 Tlf.: 39 29 56 56 Hørkær 26, plan 3, 2730 Herlev Kontakt: Michael Nielsen, direktør Kontakt: Finn Olsen, partner og salgschef E-mail: [email protected] Kontakt: Henrik Jensen, adm. direktør Tlf.: 50 93 09 64 Email: [email protected] Web: www.atp-ejendomme.dk Email: [email protected] Kontakt: Katrine Ildal Nielsen, markedsansvarlig Web: www.byggerietsbilledbank.dk Web: www.dfe.dk Email: [email protected] Fotografisk virksomhed. Vi sikrer løbende kommunikation og dokumentation af og for Vi investerer i erhvervsejendomme, som vi lejer ud til primært kontor og detail. Vi udvikler og udlejer ejendomme til bolig og erhverv. Wihlborgs A/S er et ejendomsforvaltningsselskab, der ejer, forvalter og udlejer kontor byggeriets parter. Vi driver og udvikler vores ejendomme og bygger nyt i samarbejde med kunder i Herlev, Ballerup, Taastrup og Glostrup. og entreprenører. PROPERTY INVESTMENT PROPERTY

74 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 75 BUSINESS GUIDE BUSINESS GUIDE PROPERTY MANAGEMENT RECRUITMENT - SURVEYORS

ADMINISTREA APS LEA EJENDOMSPARTNER AS AMALIE SEARCH & SELECTION APS Hørkær 26, 2730 Herlev KOBBERVEJ 8, 2730 HERLEV Slotsmarken 16, st. th, 2970 Hørsholm Tlf.: 44 25 00 15 Tel.: 44 57 03 40 Tlf.: 33 34 30 30 Kontakt: Gitte Krigbaum, adm. direktør Kontakt: Torben Rønsov, Managing Partner

Kontact: Bent Kandborg Kristensen, Director RECRUITMENT Christian Dam-Bertelsen, direktør Email: [email protected] Email: [email protected] Email: [email protected], [email protected] Web: www.lea.dk Web: www.amaliesearch.dk Web: www.administrea.dk LEA Ejendomspartner tilbyder ejendomsadministration samt drift af alle typer af Rekruttering og udvælgelse af ledere og specialister til bygge- og ejendomsbran- Administrea er specialister i ejendomsadministration, boligformidling og ejendomsdrift ejendomme. Vi er repræsenteret i Herlev, Næstved og Kolding. chen. baseret på høj kvalitet med tæt kundekontakt..

PROPERTY MANAGEMENT PROPERTY

CEJ EJENDOMSADMINISTRATION A/S NEWSEC DATEA LANDINSPEKTØRFIRMAET LE34 A/S Meldahlsgade 5, 1613 København V Lyngby Hovedgade 4, 2800 Kgs. Lyngby Energivej 34, 2750 Ballerup Tlf.: 33 33 82 82 Tlf.: 45 26 01 02 Tlf.: 77 33 22 86 Kontakt: Anne Marie Oksen, administrerende direktør Kontakt: Flemming B. Engelhardt, adm. direktør SURVEYORS Kontakt: Lars Vognsen Christensen, landinspektør, partner Email: [email protected] Email: [email protected] Email: [email protected] Web: www.cej.dk Web: www.newsec.dk Web: www.le34.dk YOUR Individuel administration af alle typer ejendomme inkl. teknisk og juridisk rådgivning Skræddersyede løsninger til ejere af alle typer investeringsejendomme, andels- og Ejendomsdannelsen, 3D skanning, opmåling og ekspropriation. samt økonomisk rapportering. Vi er landsdækkende, og har kontorer i København og ejerforeninger. Vi sikrer løsninger, der understøtter vores kunders forretning. Aarhus. DVOKATER COMPANY HERE? DEAS NORDIC PROPERTY LANDINSPEKTØRKONTORET A/S Dirch Passers Allé 76, 2000 Frederiksberg MANAGEMENT A/S Helsingør – Gilleleje – København Tlf.: 39 46 60 35 Sankt Annæ Passage, Tlf.: 49 22 09 86 Kontakt: Henrik Dahl Jeppesen, adm. direktør Store Kongensgade 40F, 3., 1264 København K Kontakt: Kristian Baatrup, landinspektør, adm. direktør Email: [email protected] Tel.: 33 75 10 10 Email: [email protected] Web: www.deas.dk Kontact: Henrik Duhn Web: www.lspkon.dk Vi tilbyder ejendomsadministration, bygherrerådgivning, udlejning samt Facility Email: [email protected] Vi rådgiver om opgaver inden for ejendomsdannelsen og skaber merværdi for din Services af alle typer ejendomme. Vi er landsdækkende med kontor i København, ejendom. Web: www.nordicpm.dk The Estate Magazine Business Guide offers an Aalborg og Aarhus. Professionel service for vores klienter og lejere. Personligt fokus på administrerede ejendomme. overview of the Danish construction and real estate business which spans the usual segment divides.

The Business Guide is published as part of Estate EJENDOMSVISIONER.DK PATRIZIA DENMARK A/S MØLBAK LANDINSPEKTØRER A/S Magazine 6 times a year and in Scandinavian Hejrevej 33, 2400 København NV Adelgade 15, 2, 1304 København K. Østerbrogade 125, 1. sal, 2100 København Ø Property Magazine and it's a direct path to the Tlf.: 71 99 40 30 Tlf.: 33 18 68 68 Tlf.: 70 20 08 83 business' stakeholders. Kontakt: Ian Winther Høiland, direktør Kontact: Rikke Lykke, Managing Director Kontakt: Lars Gjøg Petersen, landinspektør, partner Email: [email protected] Email: [email protected] Email: [email protected] Web: Ejendomsvisioner.dk Web: www.patrizia.ag Web: www.molbak.dk The Guide is also available 24/7 at estatemedia.dk PATRIZIA Danmark skaber de bedste rammer for lejere, investorer og medarbejdere. Vi udfører og rådgiver om matrikulære forhold, lokalplaner, opmåling og afsætning. Vi investerer i boliger, kontor- og butiksejendomme i Storkøbenhavn, og vi driver og udvikler ejendomme af den højeste kvalitet – fordi vi forstår vigtigheden af gode, Contact Sales Manager Michael Mortensen at fysiske rammer. [email protected] or call +45 28 34 03 19 to learn more about how to be included in the guide.

JORDAN | LØGSTRUP TAURUS EJENDOMSADMINISTRATION SKEL.DK LANDINSPEKTØRER Vesterbrogade 33, 1620 København V Skovvejen 11, 8000 Aarhus C Ramsingvej 7, 1. sal, 2500 Valby Tlf.: 33 25 54 00 Tlf.: 86 12 20 20 Tlf.: 33 32 19 00 Kontakt: Henriette Jordan, advokat & partner Kontakt: Thomas Windtberg, adm. direktør Kontakt: Ejnar Flensborg Email: [email protected] Email: [email protected] Email: [email protected] Web: www.stenohus.dk Web: www.taurus.dk Web: www.skel.dk Tilbyder professionel ejendomsadministration af alle typer ejendomme. Vi ser Taurus Ejendomsadministration er en landsdækkende virksomhed, der tilbyder Vi rådgiver om opgaver, der vedrører ejendomsdannelse og udfører alt inden for bl.a. udviklingspotentialer og udøver en professionel og helhedsorienteret rådgivning i alt, ejendomsadministration, ejendomsservice og boligudlejning med fokus på samarbejde, opmåling, beregning, optimering og 3D scanning. Certificeret efter ISO 9001.medie, hvad vi gør. fleksibilitet og høj kvalitet. reklame og kommunikation

76 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 77 CENTRAL COPENHAGEN PHOTO: MUUSFOTO

AXEL TOWERS PHOTO: BY & HAVN PHOTO: BY & HAVN & BY PHOTO: UNDER DEVELOPMENT LEVANTKAJ ÅRHUSGADEKVARTERET

Several areas in Copenhagen are In recent years, Copenhagen, the capital On the aerial photo of Copenhagen, to the for traffic to go under the harbour. 38,000 sq m in the sections that are city of Denmark, has enjoyed rapid right, you can see the densely built-up facing away from the container dock under transformation. Even the population growth of approximately inner city, with a square in front of the The biggest development site on this at Levantkaj. 27,500 sq m of housing 12,000 new inhabitants annually, parliament buildings, Christiansborg, as unique aerial photo of inner Copenhagen space is for sale—but won’t be downtown core will see a number of sparking the need for new housing, the only open space. is Nordhavn (North Harbour) which, in available until the container terminal significant developments soon. infrastructure and public facilities. One recent years, has grown from the humble moves in 2020/2021, at the latest. thing that distinguishes Copenhagen Through the inner city runs the world’s beginnings of an industrial harbour. from other capitals is its amusement first and longest pedestrian street Strøget The first neighbourhood, Aarhus- • Levantkaj (7) is the next big park, Tivoli, right in the heart of the city, (1) bookended by two famous squares: gadekvarteret (4) is almost completely development site with potential to next door to the Town Hall (0). Rådhuspladsen (The Town Hall Square) developed, while the space behind it build 505,000 sq m. The area is the clearly shows how great the potential is current location of Copenhagen’s PHOTO: DRAGØR LUFTFOTO and Kongens Nytorv (The King’s New Square) the location of new metro lines in the rest of the area. Further away, is International School. Read more in which will improve public transit even the cruise ship wharf which has made the article on page 28. more. Copenhagen a growing destination for 6 cruises. • Nordhavn is the biggest development 7 Although the inner city still has a few site by far, but a brand new quarter 4 5 3 small pockets to develop, the main Nordhavn developments to date: will soon appear in the opposite potential lies elsewhere. One of the • Århusgadekvarteret sold 295,000 corner of the map. This is where most recently developed ”pockets” is sq m—there is no space left to sell for the Tivoli Hotel (8) has grown out the former Scala site (2) which is now construction. of the railway environment. Already the location of an exceptional building thousands of new medium-range sporting a number of towers. Axel Towers • At Marmormolen (5) contracts have hotel rooms are on their way, e.g. 1 is owned by ATP Ejendomme, at the head been signed for 162,000 sq m of hostels. The next step will be the of an institutional consortium, which is the total 185,000 sq m available. transformation of a former postal the landlord to one of Denmark’s biggest The star-shaped UN City is located at terminal into an all-new, 125,000 sq lawfirms, Gorrissen Federspiel. Marmormolen. m neighbourhood(9). This will be the 1 2023 location of the headquarters of Copenhagen is not suffering from • 46,000 sq m are for sale in the Denmark’s biggest bank Den Danske any shortage of development sites. Århusgadekvarteret Vest (Aarhus Bank. Built on 4 storeys, the bank’s Increasingly, former dockyards are the Street Quarter West) – but the space new headquarters will have room for target of development and the City of will not be accessible until the Metro 4,150 employees. The Norwegian 10 Copenhagen is carefully guarding a special is finished (2019/2020). hotel king Petter A. Stordalen is also 2 priority plan to ensure the availability of building a 380-room, 3-storey hotel infrastructure, schools, institutions and • Trælastholmen is a site with 52,000 which will offer its guests access to 9 11 roads for the new developments. This sq m of commercial space and 11,000 conference facilities, wellness rooms is why Refshaleøen (3) (Refshale Island), sq m of residential space for sale and five different restaurant and bar the former location of one of Denmark’s but, once again, the area will not be concepts. n biggest docks, is not yet available for accessible until the Metro is finished. development as there is still discussions By Kamilla Sevel of whether to construct a harbour tunnel • The Sundmolen (6) site has sold 8 78 N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE N°1 2018 | SCANDINAVIAN PROPERTY MAGAZINE 79 SCANDINAVIA

SWEDEN

Housing construction in Denmark’s 4th biggest and northernmost city is booming and there DENMARK is good reason: both demand and prices are rising. Here’s Calum, a property developer building Greater Copenhagen RENDERING: CALUM/KJÆR & RICHTER 220 apartments in Aalborg around a former gravel quarry. The housing market is the driving force Kjær & Richter are the architects behind GREATER COPENHAGEN behind the Danish property market the project design.

Helsingør Helsingborg Several factors have aligned to make and analysis at Exometric, a company The top prices on the condominium mar- trends on the Danish property market which closely follows the housing market ket in Denmark average between DKK very positive. Not least of these is the and delivers analyses to a number of big 37,000 and DKK 42,000 per sq m, the country’s political and economic stability Danish market investors. equivalent of 11.5 percent growth from Hillerød within a solid framework. This has made 2015 to 2017. Over time, housing prices investing increasing safe and interesting The populations of all of Denmark’s 4 in Copenhagen have increased 7.6 percent in recent years. biggest cities are on the rise and this a year over a 25-year period. This, despite SKÅNE pushes demand. Buyers are willing to several price dips in the market, e.g.the - For the past many years, Denmark pay more and more per sq m for housing. financial crisis when prices dropped has benefited from a high level of Take condominiums, where in 2015, dramatically. Even with the increasing

urbanisation and there is no sign this will buyers expected and were willing to pay prices, Copenhagen remains the cheapest Øresund change soon. High and rising rents are DKK 25,863 per sq m. In 2017, this rose Scandinavian city for apartment pur- typical especially of Denmark’s big cities to DKK 27,351. Aalborg and Odense are chases, over Stockholm and Oslo. n which are growing in population, says the biggest climbers, seemingly on the Nordhavn Henrik Sørensen, director of development cusp of an investment boom. By Kamilla Sevel COPENHAGEN Lund CBD

Roskilde PROPERTY MARKET TRENDS IN DENMARK’S 4 BIGGEST CITIES Ørestad CBD COPENHAGEN AARHUS AALBORG ODENSE MALMÖ A Population, people 2017, Q4 611,822 340,376 213,467 202,250 Hyllie 2023 661,539 356,600 221,703 208,803 SJÆLLAND Growth index 108.1 104.8 103.9 103.2 B Average advertised price 2015, Q2 25,863 23,714 15,888 17,617 Køge DKK/sq m - Condominium 2017, Q2 27,351 22.117 19.435 21.346 Growth index 105.8 93.3 122.3 121.2 C Average upper quarter 2015, Q2 37,422 35,035 20,943 23,856 DKK/sq m - Condominium 2017, Q2 41,707 33,838 28,280 31,549 Useful links: Growth index 111.5 96.6 135.0 132.2 www.copcap.com www.mediconvalley.com www.kk.dk D Average annual price increase Last 25 years 7.6 5.8 5.6 4.8 www.greatercph.com www.investcph.com www.malmo.se In per cent - Condominium Last 5 years 10.3 6.3 7.5 4.5 www.visitcopenhagen.dk www.regionh.dk www.skane.se Last 2 years 10.9 5.6 8.3 4.2 www.expatindenmark.com www.investinskane.com www.lund.se SOURCE: EXOBASE SOURCE: €1 = 7.5 kr. (DKK) TRANSFER . NETWORK . ESTATEKONFERENCE.DK . CATERING CONFERENCE IN THE SKY CANNES 2019

BOOKAND SECURE YOUR NOW SEAT IN 2019 For the 3rd time, Estate Media is taking the Danish property industry with it to Cannes in March 2019. Join us!

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