KONTAKT OS PÅ 70 300 555 # 1 2015 CONSTRUCTION, PROPERTY AND INVESTMENT IN AND MALMÖ REGION Specialister i kontorudlejning magazine Scandinavian property LARSBJØRNSSTRÆDE · 1454 KØBENHAVN K AMAGER STRANDPARK · 2300 KØBENHAVN S Scandinavian property magazine | No 1 2015

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New Copenhagen MEDIA of ce now open. PAGE 2 | SCANDINAVIAN PROPERTY MAGAZINE | # 01 2013 ESTATE N RDIC NAI DANMARK · FORBINDELSESVEJ 12 · 2100 KØBENHAVN Ø · TLF. +45 70 300 556 · [email protected] · NAI.DK

SPM_OMSLAG_2014_.indd 2 19/02/15 17.49 DESIRABLE REGION WITH SO MUCH TO GIVE CONTENT Useful links: www.investcph.com SWEDEN A lot is happening in Copenhagen www.kk.dk www.regionh.dk and Malmö right now The Mærsk Building has made it to the top 8 www.copcap.com www.oresundsregionen.org www.visitcopenhagen.dk www.malmo.se Copenhagen is attracting flocks of 10 New tool gives full view of development www.expatindenmark.com www.skane.se international investors that are buying up

property, especially retail and housing. www.mediconvalley.com www.lund.se The Øresund Region The Nordics are considered a safe haven, 14 Strong market with high investment activity and even though economic growth is not yet stellar, it is stable and accompanied 22 Malmö: Stable rents ahead by political and economic stability a long with favorable financing terms. 26 Central metro gets 17 new stations Population growth is explosive around Copenhagen and the housing sector can’t The Øresund Region keep up with demand. Housing investment is happening, but so much more is needed. The wealth of new residents creates a lively and dynamic atmosphere 28 - Never before have we seen a market Helsingør Helsingborg which continuously ranks Copenhagen among the most liveable cities in the like today’s - a view on the housing market world. 36 70 per cent more jobs in Ørestad Copenhagen and Malmö are two different big cities, uniquely connected by infrastructure that is second to none. The Copenhagen Airport has the most Hillerød 46 New 90,000 sq m neighbourhood intercontinental and direct routes in the North and now the metro is being bringing Malmö together expanded throughout Copenhagen with 17 new stations. Not more than a few SKÅNE years ago, Malmö, too, underwent large-scale expansion and created easy access to Copenhagen. 48 Three Danish projects nominated for MIPIM awards Øresund Last but not least, massive investment is currently directed towards developing universities and research facilities—all with the purpose of creating the founda- 50 Construction’s booming in Odense tion for a lively business community going forward. 54 Aarhus on its way to becoming a big city Greater Copenhagen is a robust and much sought-after market. The biggest chal- Nordhavn COPENHAGEN lenge for international investors in 2015 is likely to be finding suitable properties CBD without having to settle for too low yields. That said, the possibilities remain ex- 60 Copenhagen Malmö region at MIPIM Lund cellent in a region that is attractive to invest and live in and whose green profile is a constant priority. Roskilde 62 23,000 new sq m business space in CBD downtown Copenhagen Ørestad Read much more about the property market and opportunities in Greater Copen- MALMÖ hagen and Malmö in this magazine. Hyllie 64 New masterplan allows more housing SJÆLLAND

Best regards, 66 That calls for a… city development Kamilla Sevel Køge Editor-in-chief 70 Optimistic retail market [email protected]

72 Business guide Publisher Editor-in-chief Cover photo: Ørestad Chopenhagen Scandinavian Estate Media Nordic ApS Kamilla Sevel BY & HAVN, PETER SØRENSEN Stengade 83 Tlf. (+45) 42 76 00 20 property DK-3000 Helsingør [email protected] Want to know more about the magazine [email protected] media market in the Nordics and ad- Tlf. (+45) 22 16 19 39 Design and layout vertising in Estate Media products? Estate Reklame Advertising sales Contact: – the Nordic Media House specialized Tel. direct (+45) 28 34 03 19 ISSN nr. 1904-2434 Country Manager [email protected] Nikolaj Pfeiffer in the property business Print [email protected] United Press Optimize space. Reduce energy consumption. Eliminate the unknowns.

Virtualization creates value for your project. That is why MT Højgaard uses Virtual Design and Construction and builds all projects virtually before we break ground.

Read more on mth.com

230x290+5_MIPIM.indd 1 16-02-2015 17:07:15

Kontakt danbolig Projektsalg“ på MIPIM Alice Lotinga, Projektdirektør og partner. Ring på +45 4058 2930 og aftal et uforpligtende møde her på MIPIM

Torben Hald, CEO og partner. Ring på +45 4059 1406 og aftal et uforpligtende møde her på MIPIM

danbolig projektsalgs referencer: Commercial Properties at MIPIM

Bygherre: ELF Development At danbolig Commercial we are in the business of helping com- Strandkanten, Amagerstrandpark – 35 ejerlejligheder panies realizing their vision. This requires the ability to see the Strandhusene, Amagerstrandpark – 40 rækkehuse Strandtårnet, Amagerstrandpark – 26 ejerlejligheder big picture. However, the big picture is never complete without It’s all in the details Nordtårnet, Amagerstrandpark – 40 ejerlejligheder the all important details. Bygherre: Wallls Town House, Islands Brygge – 30 rækkehuse Attention to detail is at the core of all the professional services we Projektsalg fra tegnebræt til underskrift håndteres på en ordentlig og gennemskuelig måde, der skaber Sfinxen, Islands Brygge – 50 ejerlejligheder provide, including: Yard House, Islands Brygge – 16 gårdhavehuse Der skal mere til end en plantegning og et finansieringstilbud for at tryghed hos køber og sikkerhed for sælger. tænde en potentiel boligkøber, når boligen ”kun eksisterer på papiret”. Bygherre: Bricks • Sales of investment properties Christmas Møllers Have, Vermlandsgade – 76 ejerlejligheder • Rental properties – offices, logistics and retail Det kræver fx, at mægleren er ualmindelig dygtig - og samtidig en Vores succes med projektsalg skyldes bl.a., at vi kan tilbyde en • Consulting and valuation stor menneskekender. Mange gange er det jo et spørgsmål om at skræddersyet projektpakke, der bl.a. omfatter markedsresearch, Bygherre: Casa Nord Havnehusetvest, Nordhavnen – 27 ejerlejligheder • Research and analysis kunne sætte de rigtige ord på en families drømme. kontakt med arkitekter, rådgivning om materialevalg og naturligvis den optimale salgs- og markedsføringsstrategi. Bygherre: Kuben Byg Havnehuset, Nordhavnen – 23 ejerlejligheder Our nationwide network and decades of experience are put to Køb af projektbolig er oftest en uvant beslutning, der fordrer stor work in order to assist you in seizing opportunities and achieving tillid til sælgeren og hele købsprocessen. Hos danbolig handler det Med danbolig som projektmægler kan du gøre brug af vores Bygherre: Gefion your goals. Nørre Voldgade 48, København K – 18 ejerlejligheder ikke kun om underskriften, men ligeså meget om, at alt ”papirarbejdet” know-how i alle projektets aspekter fra tegnebræt til glade købere. Bygherre: HPD Byg Lipkesgade 5, Østerbro – 19 ejerlejligheder

Bygherre: KDJ Holding ApS Amagerbrohus, Sverrigsgade – 14 ejerlejligheder Contact danbolig Commercial at MIPIM Store Konges Huse, Store Kongensgade – 51 ejerlejligheder +45 61 61 01 11 Bygherre: RHB Development Mads Roepsdorff, Partner Urtehaven, Amager – 52 rækkehuse Torben Lund, Partner, MDE +45 28 40 05 22

Bygherre: Acces Invest Station 5, Vesterbro – 18 ejerlejligheder

Bygherre: Tetris Skovkvarteret, Ørestad – 174 ejerlejligheder / rækkehuse

Strandgården · Amagerstrandpark Kronløbshuset · Nordhavnen Otto Mønsteds Plads · City Trommesalen 3 · Vesterbro 56 ejerlejligheder 86 ejerlejligheder 64 ejerlejligheder 19 ejerlejligheder danbolig Projektsalg København · Dronningens Tværgade 26 · DK-1302 København K danbolig Erhverv København · Dronningens Tværgade 26 · DK-1302 København K Bygherre: ELF Development Bygherre: RHB Development Bygherre: Domis Bygherre: NPD Byg [email protected] · Tel.: +45 32 83 06 10 [email protected] · Tel.: +45 32 83 06 10 PHOTO: DANISH BUILDING AND PROPERTY AGENCY/.F. MØLLER ARCHITECTS.

THE ROOF’S ON COPENHAGEN’S COPENHAGEN REGION NEWn XXXXX RESEARCH TOWER: COPENHAGEN

The construction site, located in the triangle between THE MÆRSK BUILDING , Nørre Allé and Tagensvej in Copenhagen, is one of Denmark’s largest. Ground was broken on Aug. 30, 2012, and more than 63,000 tonnes of soil have since been moved. Since April 2013, the casting HAS MADE IT TO THE TOP of the concrete structure has been underway.

with their own orientation in relation to trict cooling. On the lowest floors of the the sun. The building will be equipped star-shaped building which is the base with copper facade elements that turn of the tower, green roofs will absorb rain throughout the day in reaction to the water and prevent the sewage systems angle of the light falling on them. This from overloading. Excess rain water will will ensure the best possible indoor be collected in rain water tanks beneath climate and offer a clear view above the building and used to flush the toilets the roofs of the city when the facade of the lowest floors and to water the elements aren’t preventing the sun from plants in the park surrounding the tower. heating the building. The building meets the ”Class 2015” low The architect firm C.F. Møller has suc- energy requirements and will boast an ceeded in cutting energy consumption energy consumption about half that of in half by, among other things, using the existing science building, the Panum solar panels on the roof, insulating with building. n movable facade elements, installing vol- uminous ventilation ducts and using dis-

The Danish Building and Property Agency is happy to help create modern research and education facilities so that the University of Copenhagen can continue to attract and keep the best researchers and students despite tough international competition.

The University of Copenhagen will soon have a new research tower at the core of Copenhagen Science City.

A few hundred metres from downtown equally impressive results. The 5th of treatment of cancer, dementia, diabetes, donation from the A.P. Møller Fund of Copenhagen, in Nørrebro neighbourhood, February was the official roof-raising heart disease and allergies. This research approximately € 12 billion. The project is a new 75 metre tall trademark tower ceremony. is very likely to benefit all of Denmark, part of Copenhagen Science City whose is on its way up. Recently, the Mærsk and perhaps the entire world. aim is to develop the entire area around Building, as it has been christened, just The building will be inhabited by stud- the university’s North Campus and attra- got itself a roof. ents and researchers from the Faculty The Danish Building and Property ct companies to the area. of Health and Medical Sciences of the Agency, which is a state authority whose The height of the building is not its only The building will be impressive and, once University of Copenhagen. They will responsibilities include building univers- unique feature—its shape and surface are ready next year, will hopefully inspire carry out cutting edge research within ities in Denmark, is building the Mærsk also extraordinary. The building boasts

researchers and students to produce fields that are crucial for tomorrow’s Building helped along by a generous facades facing 7 different directions—all ARCHITECTS. MØLLER AGENCY/C.F. PROPERTY AND BUILDING PHOTODANISH

PAGE 8 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIAN PROPERTY MAGAZINE | PAGE 9 COPENHAGEN REGION

New tool gives full view of development

46 municipalities form Greater Copenhagen. Now it is easy to get an overview of the region with new tool DO YOU WANT TO BE

Over the next 4 years, the investment The Greater Copenhagen collaboration annual average of 3 per cent growth. But PART OF THE EXQUISITE organization Copenhagen Capacity will consists of 46 municipalities in the nat- this is going to change and the many secure 4,000 new jobs and raise the ional capital and Zealand region which advantages of Greater Copenhagen will international competitive edge of the is the area that borders on the Danish now be brought into the spotlight after PROPERTY POTENTIAL Greater Copenhagen region. capital, Copenhagen. the new cooperation takes of. 46 municipalities make up Greater Copenhagen. The investment These past 10 years, growth in the Investors should keep their eye on speci- IN DENMARK? promotion organization Copenhagen Capacity expects to attract a Danish part of the Oeresund region has fic business clusters like the Copenhagen minimum of 4,000 jobs to the new national capital region within the been measured at 1.3 per cent annually, Healthtech Cluster. These will make Capital Investment is the preferred Danish partner for international next 4 years. A new investor portal is being launched this spring to while the Stockholm region, during the Greater Copenhagen the chosen spot investors looking to invest in residential and commercial properties. further inform about developments and opportunities in the region. same period, succeeded in generating an worldwide for developing and testing We have a comprehensive service portfolio for investment new health technology. ready clients, and we offer a unique product in the A new important tool in the works to Danish property market. help attracting international investors is a new portal to be launched at Mipim. Find us at With the launch of the investor portal capitalinvestment.dk where all of the region's municipalities can exhibit construction and develop- ment projects to attract international investors, investors and executives alike can quickly and easily get an overview of the different areas and neighbourhoods in the region. The investment portal can be seen here www.investcph.com and will be formally launched at a reception on Wednesday 5 PM at MIPIM.

LEARN MUCH MORE Come and learn much more at the Da- nish stand, P-1.K14, where Copenhagen Capacity will be ready to answer ques- tions about the region in the company of the City of Malmo and many other representatives from project develop- ment firms, consultant groups and public authorities.

PAGE 10 | SCANDINAVIAN PROPERTY MAGAZINE | 2015

CI_annonce_scan_prop.indd 1 12/02/15 11.53 156033_Datea_annonce_UK_460x290.indd 1 11/02/15 12.23 156033_Datea_annonce_UK_460x290.indd 2 11/02/15 12.23 INVESTMENT MARKETINVESTMENT - OFFICE MARKET - RESIDENTIAL HIGH ACTIVITY BY DOMESTICINCREASING PLAYERS HOUSING PRICES AND CHEAP FINANCING AS KEY DRIVERS

Investment activity in office properties Residential properties are still in high de- continues to be strong. The trading vo- INVESTOR DISTRIBUTION - LAST 12 MONTHS INVESTOR DISTRIBUTION - LAST 12 MONTHS mand by almost all investor types as has lumes indicate that investors are still very been the case the last couple of years. In the confident investing in office property past year, the buyers have primarily been Institutional Investors assets as volumes in Q4 are sustained. Other - 10% property funds, real estate companies, and 8% Ongoing positive trends in key macro- Other - 13% private investors. Buyers are acquiring both economic factors continue to contribute for sell-off and by-and-hold strategies and Institutional Investors to making Denmark an attractive place Real Estate Companies dueReal to Estatehigh condominiumCompanies prices and low to invest. 29% 46% interest rates 29%both cases hold high prices.

As consequence, the price of building ..high demand from both rights has increased significantly during domestic and international the year. ” investors.. We expect rent levels to remain high and increas10.8- Copenhagen remains the dominant loca- ing... 9.9 tion for office investments. Prime assets ” BN DKK in Copenhagen City and The Harbour BN DKK area are still in high demand from both domestic and international investors The ongoing demographic expansion of with large supplies of capital, but there the Copenhagen Area is attracting inves- continues to be a shortage of prime assets tors, who expect prices to continue to pushing the yield down. The yield level rise due to the shortage of housing in the Private Investors is for prime properties is 5% with a few capital. Recently, the market has primarily interesting deals slightly below. 10% been driven by the high demand of owner occupied apartments, whichProperty are currently Funds - 12% Property Funds - 51% One of the more notable transactions in being traded at the highest prices we have the recent quarter was the 428 M port- seen since before the financial crisis. COPENHAGENfolio REGION acquisition of Pakhus 11 and 12 on Dampfærgevej. Pakhus 12 is the largest We expect rent levels to remain high and of the properties and was originally a increasing and the demand for residential manufacturingCOPENHAGEN warehouse, but has now Source: RED Property Advisers Source: RED Property Advisers properties – both new and from the old been rebuilt into a very attractive office buildingEXECUTIVE mass – to be in high SUMMARY demand property in the heart of the growing throughoutEXECUTIVE 2015. SUMMARY North Harbour. The buyer, Jeudan, and YieldsYIELDS - Prime office PRIME MARKET RENT - DKK/SQM YieldsYIELDS - Housing the vendor, Kongeegen, are both real es- tate companies. SUBAREA Q4 2012 SUBAREAQ4 2013 Q4 2014Q4 2014 SUBAREA Q4 2014

Copenhagen City (CBD) 5.25% Copenhagen5.25% City 1,800-2,000 Copenhagen Area - rent control 2 00. - 3 00%. We expect the office segment to remain 5 .00% Copenhagen E & W 1,600-1,800 attractive throughout 2015. Copenhagen E & W 5.75% 5.75% 5 .75% Copenhagen Suburb - rent control 3 00. - 4 00%. Frederiksberg 1,800-2,000 Frederiksberg 6.00% 6.00% 6 .00% Copenhagen Area - market rent 4 00%. STRONG North Harbour 1,800-2,000 Harbour areas 5.00% 5.00% 5 .00% Copenhagen Suburb - market rent 4 50%. South Harbour 1,400-1,600 South Harbour 6.00% 6.00% 6 .00% SOURCE: RED PROPERTY ADVISERS. Ørestad 6.00% Copenhagen6.00% S 51,400-1,600 .75% MARKET WITH Copenhagen N & NW 6.50% Copenhagen6.50% N & NW 61,400-1,600 .50% South and west of Copenhagen 7.50% North of7.25% Copenhagen 71,700-1,900 .25% Foreign investors like German Patrizia and North of Copenhagen 5.25% 5.25% 5,25% UK-based Cordea Savills demonstrated their appetite for the Danish market with HIGH INVESTMENT SOURCE: RED PROPERTY ADVISERS. investments of more than €500 million between them. The Nordic funds, NREP and NIAM, were also very aggressive FOCUS MACROECONOMICS INVESTMENT MARKET OCCUPIER MARKET APPENDIX ISSUE I 2015 FOCUSsignificant. MACROECONOMICSIn the last quarter of 2014, theINVESTMENT The rent MARKET levels in CopenhagenOCCUPIER have tradi MARKET- acquiringAPPENDIX assets in various segmentsISSUE I 2015 of vacancy rate in Copenhagen City fell 130 tionally been steady, but with higher7 / 20 de- almost €550 million. More international ACTIVITY basis points, from a rate of 8.5 per cent mand for office space, more requirements investors are eager to enter the market;8 / 20 to 7.2 per cent - one of the greatest drops for new constructions and lower vacancy, however the challenge is the lack of registered, indicating a large take-up in the we might see slowly increasing rents in the supply. second half of 2014. following years. Copenhagen has maintained its position as a “Safe Haven” and - With the financial crisis in 2008 being - The steady fall in the office vacancy rate - The Copenhagen investment market is further behind us, we have experienced a > attracts international as well as national players to all sectors HIGHcouldHIGH very ACTIVITY ACTIVITYwell change the marketIN ALL we SEGMENTSmore transparent ANDAND and STRONGSTRONG liquid than ever OCCUPIER OCCUPIER with MARKET MARKET have seen in the recent years. The market a high influx of foreign capital and active Copenhagen City just crawled up one 2014 proved this and finished strong yet another improvement in the Danish 2014has been finished characterized strong by withthe need high for invest - domesticwith investments investors. Theof morethree traditionalthan 3.7 bn. 2014 finished strong with high invest- with investments of more than 3.7 bn. INVESTMENT MARKET place from no 8 to no 7 in Pwc and Ur- with high investment activity, significant economy. Signs of improvements usually menttenants, activity, which has significant induced landlords leases, to still segments;DKK between Office, them. Residential The Nordicand Retail funds, INVESTMENT MARKET ment activity, significant leases, still DKK between them. The Nordic funds, OFFICE 2014 Q3 2014 Q4 CHANGE ban Land Institutes latest survey of most leases, still growing consumer confi- start to show in the capital and spread growingoffer incentives consumer such confidenceas costly fit-outs and and in - wereNREP highly and liquid NIAM, in 2014 were and also the demandvery ag - OFFICE 2014 Q3 2014 Q4 CHANGE growing consumer confidence and in- NREP and NIAM, were also very ag- Prime yield (Copenhagen City) 5.00% 5.00% 0 bp interesting European investment targets. dence and increasing prices in almost all from there, which is exactly what we creasingrent-freecreasing periods,pricesprices inin while almostalmost keeping all segments. the prime gressivecamegressive from acquiringacquiring almost all assets assetsinvestor inin segments,various various seg seg- - Prime yield (Copenhagen City) 5.00% 5.00% 0 bp TRANSACTIONS SecondarySecondary yield yield (Copenhagen (Copenhagen area) area) 7.25%7.25% 7.25%7.25% 0 bp 0 bp And this is no coincidence. Copenhagen segments. are seeing in the office letting market. rent unchanged, says managing partner mentsunderlinesments ofof almost almostNicholas 4 4 bn. Thurø.bn. DKK. DKK. More More inter inter- - InvestmentInvestment volume volume in mill. in mill. (estimated) (estimated) 451 €451 € 207 207€ € - 244 - € 244 € is sought after from investors around the The vacancy rate decreased all through Nicholas Thurø, Red Property Advisers. nationalnational investorsinvestors areare eager eager to to enter enter the the VacancyVacancy (Copenhagen (Copenhagen City) City) 8.50%8.50% 7.20%7.20%- 130- bp 130 bp world. In the second half of 2014, there was 2014; however, the latest dip is the most ..the demand came market;market; however however the the challenge challenge is is the the lack lack ..the demand came of supply. RETAIL 2014 Q3 2014 Q4 CHANGE The institutionalfromfrom almostalmost investor allIndustriens investor Pension boughtof ”Sankt supply. Petri Passagen”, - former headquarters RETAIL 2014 Q3 2014 Q4 CHANGE of the nationalsegments.segments. telecompany, TDC, in central Copenhagen. The portfolio comprises 14 properties and PrimePrime yield yield (Copenhagen (Copenhagen City) City) 4.25%4.25% 4.00%4.00% - 25 -bp 25 bp OFFICERecent transactions include: ”” OurOur focusfocus inin thisthis issueissue isis on on the the deve- deve- SecondarySecondary yield yield (Copenhagen (Copenhagen area) area) 6.25%6.25% 6.25%6.25% 0 bp 0 bp 100 parking spaces. The property fund Carlyle sold the property, which has since been completly SIZE PRICE lopmentlopment ofof thethe Copenhagen Copenhagen high high streets streets InvestmentInvestment volume volume in mill. in mill. (estimated) (estimated) 100 €100 € 403 €403 € + 303+ € 303 € STREET NAME LOCATION DATE (SQM) (M DKK) VENDOR TYPE VENDOR NAME BUYER TYPE BUYER NAME renovated andand sideside alleysalleys –– bothboth from from an an investor investor SOURCE: RED PROPERTY ADVISERS. Pakhus 11+12 - TheThe CopenhagenCopenhagen investment market isis andand occupieroccupier view.view. With With Illum Illum opening opening North Harbour 2014/Q4 13,000 428 Real estate company Kongeegen Real estate company Jeudan Dampfærgevej 8-10 moremore transparenttransparent and liquid than ever 55 high-endhigh-end shopsshops onon Købmagergade,Købmagergade, St. Kongensgade 53-55 CPH City 2014/Q4 4,000 68 User Scientology Developer Gefion Group withwith aa highhigh inflowinflow of foreign capital and GalleriGalleri KK inin thethe market market for for sale sale and and the the activeactive domesticdomestic investors.investors. The invest-- postpost officeoffice buildingbuilding onon KøbmagergadeKøbmagergade to to TRANSACTIONTRANSACTION VOLUME VOLUME LAST LAST 12 12MONTHS MONTHS Klerkegade 2 CPH City 2014/Q4 2,436 85 Public institution Freja Ejendomme Developer Domis Udvikling 12.00012.000 mentment volumevolume waswas approximately the bebe developed;developed; the the scene scene for for an an interesting interesting Holmboes Allé 2 Horsens 2014/Q4 12,034 135 Public institution Horsens Kommune Real estate company Confidential samesame as as inin 20132013 andand diddid not include veryvery retailretail marketmarket in in the the following following year year is is set. set. 10.00010.000 Blågårdsgade 23 CPH N 2014/Q4 5,561 110 Private investor Actc Holding Institutional investor Sampension largelarge singlesingle assetasset dealsdeals such as Magasin, Rosenørns Allé 12 CPH W 2014/Q4 3,017 61 Real estate company Belling Holding Property fund Private fund DongDong HeadquartersHeadquarters and Rosengård-- 8.0008.000 centretcentret inin 2013.2013. TheThe three traditional EnjoyEnjoy thethe report!report! Aktieselsksabet 6.000 Bredgade 31A CPH City 2014/Q3 2,369 78 Institutional investor Sparekassen Sjælland Other 6.000 segments; Office, Residential and -Re M DKK Frederiksstaden segments; Office, Residential and -Re M DKK tail were highly liquid in 2014 and the Nicholas Thurø Göteborg Plads 1 South Harbour 2014/Q3 6,500 391 Developer NCC Institutional investor ATP and PFA tail were highly liquid in 2014 and the Nicholas Thurø 4.000 demand came from almost all investor Managing Partner 4.000 Englandsgade 24+25 Odense 2014/Q3 16,149 280 Institutional investor TopDanmark Institutional investor PFA demand came from almost all investor Managing Partner segments. RED Property Advisers 2.000 segments. RED Property Advisers 2.000 Landskronagade 33-35 CPH E 2014/Q3 14,118 175 Institutional investor MP Pension Institutional investor PensionDanmark Delta Park Vallensbæk 2014/Q3 8,800 162 Developer NCC Institutional investor PKA Patrizia and Cordea Savills demonstra- 0 Patrizia and Cordea Savills demonstra- 0 Retail Residential Land Other ted their appetite for the Danish market Retail Residential Land Other Borups Alle 177 CPH NW 2014/Q3 26,000 Conf. User KPMG Institutional investor ATP ted their appetite for the Danish market SOURCE: RED PROPERTY ADVISERS.

SOURCE: RED PROPERTY ADVISERS. SKANSKA PHOTO: ISSUEISSUE I 2015 I 2015

PAGE 14 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIAN PROPERTY MAGAZINE | PAGE 15

HOTEL PRICE PR . ROOM HOTEL NAME LOCATION DATE (DKK) PRICE (M DKK) VENDOR NAME BUYER NAME Hotel Marriott CPH City 2014/Q4 1,740,000 700 BlackRock Solstra First Hotel Mayfair CPH W 2014/Q2 Confidential Confidential K/S NorGani Hotel ApS First Hotels Hotel Kong Frederik CPH W 2014/Q1 809,090 89 Norden Fritz Henrik Schur

LAND ESTIMATED PRICE PR . SQM . OF HOTEL NAME LOCATION DATE SIZE (SQM) BUILDING RIGHT PRICE (M DKK) VENDOR NAME BUYER NAME Tage-Hansens Gade 2 Aarhus 2014/Q4 100,000 4,000 400 Region Midtjylland Århus Kommune Alliancevej 5 CPH SW 2014/Q4 21,000 5,000 N/A By og Havn Obel-LFI Ejendomme Alliancevej 5 CPH SW 2014/Q4 16,000 5,000 N/A By og Havn West Coast Real Estate 2

Alliancevej 5 CPH SW 2014/Q4 15,000 5,000 N/A By og Havn NREP Alliancevej 5 CPH SW 2014/Q4 11,800 5,000 N/A By og Havn Arkitektgruppen Amerika Plads 29 North Harbour 2014/Q4 13,000 7,500 98 TK Development Mærsk

FOCUS MACROECONOMICS INVESTMENT MARKET OCCUPIER MARKET APPENDIX ISSUE I 2015

11 / 20 OCCUPIER MARKET - OFFICE WE ADVISE OUR CLIENTS THROUGHOUT Purchases International HIGH ACTIVITY IN COPENHAGEN CITY AND AN OVERALL STABLE OFFICE MARKET Selling THE ENTIRE PROPERTY VALUE CHAIN division

In the second half of 2014, there was Selling of Valuations development (RICS) yet another improvement in the Dan- SIGNIFICANT LEASES projects ish economy. Signs of improvements Total handling usually starts to show in the capital and STREET NAME LOCATION DATE SIZE (SQM) LANDLORD TENANT of commercial properties spreads out, which is exactly what we are Dampfærgevej 28 CPH City 2015/Q1 8,725 PFA Pension KPMG PHOTO: ABERDEEN ASSET MANAGEMENT Developer Letting seeing in the office letting market. The Kornmarksvej 1 CPH Area 2015/Q1 15,000 Tribona Nilfisk Advance PHOTO: RED PROPERTY ADVISERS. advisory Services vacancy rate has decreased all through 2014; however, the latest dip is the most Havneholmen CPH W 2015/Q1 6,500 Norrporten L'Oreal Property significant. In the last quarter of 2014, Havneholmen CPH W 2015/Q1 1,200 Norrporten Spillemyndigheden Sale & facilities & Lease the vacancy rate in Copenhagen City fell North Habour 2015/Q1 2,100 NCC PA Consulting Group manage- Back 130 basis points, from a rate of 8.5% to Portland Towers North Habour 2015/Q1 1,600 NCC N/A ment Advisory 7.2% - one of the greatest drops regis- tered, indicating a large take-up in the Osvald Helmuths Vej 4 Greater CPH 2014/Q4 6,000 EY Eniro second half of 2014. One of the big transactions inDanneskiold the end of Samsøes 2014 was Allé 41the Greater sale CPHof “Absalongården”2014/Q4 just across3,033 theJeudan central square inRainmaking Copen- Managing Partner Nicholas Thurø, Red hagen “Rådhuspladsen”. The building was sold to Cordea Savills after being renovated and upgraded by Aberdeen Asset Property Advisers. Stamholmen Greater CPH 2014/Q4 10,000 N/A Bossard Denmark Management. The steady fall in the vacancy rate on of- Bavnehøjvej 13 Esbjerg 2014/Q4 11,619 Aqua Teknik Vest Rambøll fices could very well change the market Ejendomsselskabet yearBorupvang with positive 1B signs in CPHDenmark. Area Key2014/Q4 very confident1,554 investing in officeGemalto property - We expect the office segment to remain we have seen in the recent years. In the Borupvang recent years, the market has been char- parameters to economic growth, such as assets as volumes in Q4 are sustained. attractive throughout 2015, says Nicho- Borgmester Christiansens K/S Borgmester unemployment, consumptionGreater and CPH invest2014/Q4- Ongoing 4,963positive trends in key macro-econoColt - las Thurø. acterized by the need for tenants, which Gade 55 (renewal) Christiansens Gade has induced landlords to offer incentives ments all seem to be moving in the right mic factors continue to contribute to making Holmens Kanal 9 CPH City 2014/Q4 9,037 SEB Forsvaret such as costly fit-outs and rent-free pe- direction. The unemployment rate is Denmark an attractive place to invest. Residential properties are still in high riods, while keeping the prime rent un- downKalvebod to 4.5 Brygge per cent,24, 3. salprivate CPH consumpCity - 2014/Q3 1,172 SEB Disney demand by almost all investor types tion has increased by 0.6 per cent from Copenhagen remainsEjendomsselskabet the dominant location as has been the case the last couple changed. Kongevejen 495 CPH Area 2014/Q3 5,341 IBM the previous year, and investments are for office investments.Norden Prime assets in of years. In the past year, the buyers The rent levels in Copenhagen have tra- continuouslyGyngemose Parkvejshowing 50 an upwardCPH Area going 2014/Q3Copenhagen7,698 CityErnest and & The Young HarbourISS area Facility are Services have primarily been property funds, real trend with around 1.5 per cent yearly still in high demand from both domestic and estate companies, and private investors. ditionally been steady, but with higher Syd Energi Holding Olof Palmes Allé 25 Aarhus N 2014/Q3 3,484 API Property Fund demand for office space, more require- increments since 2010, says Nicholas international investors with largeA/S supplies of Buyers are acquiring both for sell-off and ments for new constructions and lower Thurø. capital, but therePensionskassen continues tofor be a shortage buy-and-hold strategies and due to high Hans Bekkevolds Allé 7 CPH Area 2014/Q3 1,846 Mercuri Urval A/S ARE YOU IN THE MARKET FOR PROPERTY INVESTMENTS IN DENMARK? vacancy, we might see slowly increasing of prime assets lægesekretærerpushing the yield down. The condominium prices and low interest rents in the following years. Investment activity in office properties yield level for prime properties is 5 per cent rates both cases hold high prices. Please contact our representatives at MIPIM - Stand P-1. K14/P-1. L13 continues to be strong. The trading vol- with a few interesting deals slightly below. umes indicate that investors are still As a consequence, the price of building rights has increased significantly during the year.

PRIME RENT - DKK/SQM* VACANCY RATES AND UNEMPLOYMENT - The ongoing demographic expansion of the Copenhagen Area is attracting invest- SUBAREA Q4 2014 Office vacancy rates compared to unemployment in Copenhagen 12,00% ors, who expect prices to continue to rise Poul Erik Bech Robert Neble Larsen Jørgen Jørgensen Morten W. Jensen Søren Leth Pedersen Kenneth Nielsen Copenhagen City 1,650 Chairman, Chart. CEO, HD, MBA Senior Director, HD Director Partner, Director, MSc. Partner, Director, due to the shortage of housing in the surveyor, MRICS (f.), Chart. surveyor Chart. surveyor 10,00% T: 26 32 12 00 T: 21 70 60 68 T: 40 56 22 22 Copenhagen E & W 1,250 capital. Recently, the market has primarily T: 40 31 40 81 M: [email protected] M: [email protected] M: [email protected] T: 51 80 40 72 T: 20 33 00 21 8% M: [email protected] M: [email protected] M: [email protected] Frederiksberg 1,200 8,00% been driven by the high demand of owner occupied apartments, which are currently Harbour areas 1,800 6% 6,00% being traded at the highest prices we South Harbour 1,250 4% Our company has 350 employees and 4,00% have seen since before the financial crisis. Ørestad 1,200 2% 60 offices in Denmark, 45 of which are We expect rent levels to remain high and dealing with residential properties and 2,00% Copenhagen N & NW 950 0% increasing and the demand for residential 15 with commercial properties. We properties – both new and from the old are by far the largest real estate advi- South and west of Copenhagen 900 0,00% building mass – to be significant, Red Bjørn Gervø Jeanett V. Mikkelsen Frank Jensen Morten Nielsen Helle Nielsen Bent K. Kristensen sory in Denmark and are also present North of Copenhagen 1,250 Manager, Chart. Valuations Manager, Partner, Director, Partner, Manager, Partner, Head of Int. Director, LL. M in Sweden and France. We have been surveyor Chart. surveyor CBA Chart. surveyor Div. Chart. surveyor, T: 20 32 39 06 Unemployment Copenhagen Area Property Advisers forecasts. in business since 1978. *Base Rents T: 20 16 19 13 T: 26 83 60 53 T: 20 51 36 92 T: 21 54 30 15 MRICS M: [email protected] Office vacancy Copenhagen City M: [email protected] M: [email protected] M: [email protected] M: [email protected] T: 40 99 99 46 Office vacancy Copenhagen Area The investment activity gained momen- M: [email protected] SOURCE: RED PROPERTY ADVISERS. tum in the last quarter of 2014 with >

PAGE 16 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 FOCUS MACROECONOMICS INVESTMENT MARKET OCCUPIER MARKET APPENDIX ISSUE I 2015 edc.dk/erhverv

15 / 20 Institutional investor PFA Pension concluded a deal with Skanska in early 2015. The transaction includes 2 office properties with a total of 19,100 sq m. The price was approx. €75 million. PHOTO: SKANSKA PHOTO:

the investment volume of the quarter Cordea Savills and Patrizia, however some registered sub- 4 per cent yields on a reaching €400 million. Activity in high-net-worth individuals have also been few transactions. prime retail assets in Copenhagen City active. Worth mentioning is also PFA’s was once again a considerable factor acquisition of the post office building on All in all the outlook, though, for 2015 for achieving this level. A significant Købmagergade, which is to be converted is promising as the Danish market is transaction in the recent quarter was into retail and offices and looks to be considered a safe investment with great Patrizia’s purchase of a property portfo- one of the largest developments on the potential. lio consisting of i.a. 6 retail prime retail high-streets in the coming years. properties– all located on the Copenha- - Volumes are high with the low interest gen high streets. - The limited supply and high demand rate and vast amounts of foreign capital of prime retail assets located on Strøget as key drivers. We expect this trend to The predominant investors in this market and Købmagergade have caused the continue, says Nicholas Thurø. are still the international funds such as yield to drop further – and we have

Danish investor Kongeegen sold two attractive office and retail properties just north of central Copenhagen to the public company Jeudan in January. PHOTO: COLLIERS

LYNGBY-TAARBÆK CITY OF KNOWLEDGE BE PART OF URBAN DEVELOPMENT IN A UNIQUE PARTNERSHIP BETWEEN PRIVATE BUSINESS, PUBLIC AUTHORITY, SCIENCE & EDUCATION

PAGE 18 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 WWW.VIDENSBY.DK Looking for a room with a view?

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MALMÖ: Stable rents ahead In all submarkets in Malmö rental levels were stable during 2014. But in CBD and new town Hyllie there might be slightly rising rental levels ahead in 2015. Vacancy remains high and new supply is intense

ILLUSTRATION: JERNHUSEN Several tenants in the Malmö office mark- ILLUSTRATION: MALMÖ STAD MALMÖ ILLUSTRATION: et is moving to new premises causing high vacancy in existing office stock Västra Hamnen is the green new neighbourhood of Malmö comprising housing and offices as well as the highest building in the region, the landmark Turning and stable rental levels. Torso.

In Malmö CBD the market rent is estim- ated at around €225 per sq m, while a top rent of around €295 per sq m has The new development area Västra Ham- In 2015, 55,500 sq m are expected to in 2016, while Otto Magnusson will con- been reported. nen is judged to be in line with the 2013 be added to Malmö’s office stock. These struct an office building in Hyllie which level at around €215 per sq m, with top will comprise Akademiska Hus’s Niagara goes under the name Isblocket. - Newsec forecasts stable rent levels rents reported at around €252 per sq m. project of 18,500 sq m; Skanska’s in 2015, with an upward tendency 12,000 sq m development of the office Skanska’s Studio project, with an estimat- towards the end of the year, reports - We believe there may be some reduct- part of Malmö Live; Jernhusen’s Glas- ed lettable area of 22,000 sq m, includ- Newsec, one of Swedens major property ion in rental levels in Västra Hamnen vasen providing 6,000 sq m of offices; ing an office section of about 10,000 sq consultants. during 2015 and 2016 as a result of in- Stage 2 of Skanska’s Klipporna in Hyllie m, is also expected to be ready in 2016. creased vacancies. In Hyllie both market with 7,000 sq m; and IKEA’s office in rents and top rents are a little higher. Svågertorp with 12,000 sq m. - In Malmö CBD the vacancy rate was The office stock is limited and relatively 7 per cent during the fourth quarter homogeneous, with newly produced For 2016, new building projects totaling of 2014. There is continuing demand and space-efficient office areas. Several about 28,500 sq m have been announc- for modern office premises, especially new lettings indicate higher rents in ed. In Hyllie, Midroc’s Hermod project around the Central Station. However the newly built stock, and the market of 6,000 sq m, including 5,300 sq m of there are no projects this year that will In November 2015 7,000 sq m Glasvasen rent lies around €235 per sq m, with offices, will be completed. generate office premises ready for occu- will be inaugurated close to Malmö Central top rents up to €265 per sq m, reports pation in the area, according to Newsec. Station. Several tenants have already Newsec. NCC also has a project in Hyllie, of just signed. Developer is Jernhusen. over 7,000 sq m, planned for completion Västra hamnen, also known as the City >

PAGE 22 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIAN PROPERTY MAGAZINE | PAGE 23 PHOTO: SKANSKA

DANISH ARCHITECTS IN MALMÖ CBD

In Malmö CBD, Akademiska Hus’s Niagara project is progressing. The tenants will be Malmö University’s Faculty of Culture and Society and Faculty of Technology and Society.

The project consists of three blocks of elev-

en, seven and five stories. Students and A/S ARKITEKTER TRANBERG & LUNDGAARD ILLUSTRATION: staff will move from Ubåtshallen, Kranen and Gäddan into Västra Hamnen. lion. Entry is planned for spring 2015. 500 employees and 6,500 students will inhabit Niagara at The architect for Niagara is Lundgaard Västra Hamnen in autumn 2015. Danish architects Lundgaard The gross area is 24,000 sq m and the & Tranberg Arkitekter from Copenhagen & Tranberg designed the 25,000 sq m building. cost of the project is estimated at €60 mil- just across Øresund.

Skanska has moved into the first phase of Klipporna in Hyllie south of Central Malmö. The property totals 21,000 sq m and is under constructi- on. Skanska’s Malmö Live project is progressing and the letting level in the of Tomorrow, is the first district in Eur- Station and on Universitetsholmen the is estimated at 10.3 per cent. In Malmö office section has reached 30 per cent. ope that claims to be carbon neutral. But vacancy rate in Västra Hamnen is expe- as a whole the vacancy rate is estimated The project is further changing the since 2013, when there was an addition cted to rise. In Hyllie the vacancy rate to be 10.8 per cent. appearance of Universitetsholmen and to the office stock in Västra Hamnen, is unchanged around 16 percent. The is becoming an alternative focus to the vacancy rates have been going upwards. relatively small size of the submarket, Transaction activity in commercial Central Station in the area.

whose office stock totals only just over properties remains low in Malmö, which SOURCE: NEWSEC. - The property company Wihlborgs has 30,000 sq m, means that all office space is due to low supply. succeeded in letting parts of the vacant let there has a substantial impact on the premises to Länsförsäkringar, but the va- statistics, states Newsec. - Demand from investors for properties cancy rate in the submarket is estimated is high, which has resulted in low yield to be 11.5 per cent. Competition on the In the other Malmö submarkets, Other requirements in the transactions that rental market is intense in this area and Inner City and Outer Districts, vacancy have taken place, Newsec underlines in The new university building Niagara will attract more young a potential tenant has many options to has been unchanged. The level in Other their latest status of the market. n people to the expanding Västra Hamnen area. choose among. As a result of increas- Inner City stands at 6.3 per cent and in

ed new production round the Central Malmö’s Outer Districts the vacancy rate A/S ARKITEKTER TRANBERG & LUNDGAARD ILLUSTRATION:

IKEA MOVES TO HYLLIE

Hyllie just south of the Malmö city Skanska is continuing its work on the Vasakronan and Wihlborgs. A number accordingly leave Västra Hamnen. topmost two and a half floors, which center is one of Malmö’s hottest office next stage, which should be completed of hotels are also being erected in the In southern Nyhamnen, Jernhusen’s Glas- means that about 65 per cent of the districts. Building of Skanska’s Klippor- in the spring of 2015. Stage 2 consists area, with Percy Nilsson’s hotel at Malmö vasen project, which will provide 6,000 office space is now let. Jernhusen reports na project in Hyllie has begun, and the of 7,000 sq m, of which 1,700 sq m are Arena due for completion in 2015. An- sq m of offices directly adjoining the that negotiations with several other ten- property developer’s own regional head let to Siemens and the rest of the space nehem’s 18-story hotel at Stationstorget Central Station, is proceeding. The buil- ants are in progress. The project should office moved into the first stage of 6,500 to Ikea-owned property company Ikano will also be ready in 2015. ding will also have 1,000 sq m of service be completed in October 2015. After sq m during the summer. Fastigheter, which will move there from space on the ground floor. During the that there will be further development Ideon in Lund. NCC has started to build its eXlent quarter a new lease contract for 1,245 of the area around the Central Station, When fully completed, the Klipporna office project which will provide just sq m was signed with Ström & Gulliksson including several office buildings as well project will consist of three buildings Altogether, 48,000 sq m of land in Hyllie over 7,000 sq m of lettable space and is and Advokatbyrån Gulliksson. as housing.

with a total of 21,000 sq m of office is reserved for offices. Other compani- located next to the Malmömässan exhi- SOURCE: NEWSEC. space. es that have opportunities to develop bition and convention center. NCC will The law firm Mannheimer Swartling offices in the district are Briggen, Midroc, rent parts of the premises itself and will signed up earlier for 2,600 sq m on the

PAGE 24 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIAN PROPERTY MAGAZINE | PAGE 25 Orientkaj Poul Henningsens Plads

Vibenshus Runddel Nordhavn

Skjolds Plads

Nørrebro OrientkajOrientkaj Trianglen PoulPoul Henningsens Henningsens Plads Plads Sortedams Sø Nordhavn VibenshusVibenshus Runddel RunddelNørrebroparken Nordhavn

SkjoldsSkjolds Plads Plads Østerport Nørrebros NørrebroNørrebro TrianglenTrianglen Runddel Nuuks SortedamsPladsSortedams Sø Sø NørrebroparkenNørrebroparken ØsterportØsterport Marmorkirken Vanløse NørrebrosNørrebros Aksel Møllers Nørreport RunddelRunddel Have Copenhagen and Malmo are connected by a regio- Once Cityringen’s two new lines, M3 and FlintholmNuuksNuuks Plads Plads Forum

nal train that passes every 20 minutes. Solid in- M4, are in service, passengers will be Vanløse Lindevang MarmorkirkenMarmorkirken Vanløse AkselAksel Møllers Møllers NørreportNørreport Kongens Nytorv Have Gammel Strand Flintholm Have ForumForumFasanvej Frederiksberg frastructural links are a prerequisite for the region’s able to transfer to the existing Metro at Flintholm Solbjerg LindevangLindevang Rådhuspladsen Gammel Strand KongensKongens Nytorv Nytorv sustained growth. Now the metro network on the the Kongens Nytorv and Frederiksberg FasanvejFasanvej FrederiksbergFrederiksberg Gammel Strand Solbjerg Solbjerg Rådhuspladsen Danish side will be expanded with even more lines. stations. It will also be possible to trans- Rådhuspladsen Frederiksberg Allé Christianshavn PHOTO: JANUS LANGHORN JANUS PHOTO: Frederiksberg Allé Christianshavn fer to the regional rail and commuter Frederiksberg Allé Christianshavn København København H train network at Copenhagen Central, København H SønderSønder Sønder BoulevardBoulevard Boulevard Får du penge for Østerport, and Nørrebro stations. Cityrin- LergravsparkenLergravsparken Enghave Plads Islands Brygge Lergravsparken IslandsEnghave Brygge Plads Amagerbro Øresund gen will reduce travel times dramatically. Amagerbro IslandsØresund Brygge Otto Busses Vej / Øresund OttoVasbygade Busses Vej / Amagerbro Vasbygade Amager Strand CENTRAL METRO GETS Otto Busses Vej / Amager Strand In February 2015, the Danish parlia- VasbygadeDR Byen Kontrol- og DRUniversitetet Byen alle dine kvadratmeter? Kontrol-Vedligeholdelsescenter og Universitetet Amager Strand Får du penge for ment decided that a new metro line will Vedligeholdelsescenter DR Byen run from the city centre to Sydhavn, Kontrol- og Universitetet Vedligeholdelsescenter Femøren 17 NEW STATIONS south of Copenhagen. The new Sydhavn Sundby Femøren - eller får du kvadratmeter for alle dine penge? Sundby alle dine kvadratmeter? metro line will consist of 5 new stations Well-functioning infrastructure The Copenhagen metro was inaugurated But before the works get so far a large from to Ny Ellebjerg and is Bella Center Kastrup Femøren Bella Center in 2002. It has two lines which run from number of changes to the city’s utility expected to be ready in 2013. The five KastrupSundby Ved opmåling konstaterer vi ofte forskelle i de anvendte kvadratmeter og de faktiske arealer. Det kan have Lu†havnen is necessary to secure growth. Copenhagen Airport and Vestamager to grid have been implemented. These stations will be part of a new metro line CopenhagenLu†havnen betydning for beskatning, husleje og handelspriser. Vil du være på 100% sikker grund, anbefaler vi, at du får FUTUREKommende METROSTATION Metrostationer – - CITYRINGENCi‹ringen AirportCopenhagen - eller får du kvadratmeterthe centrefor of alle the City dineand which continuepenge? took place primarily in 2010 and 2011. that runs through the downtown core Kommende Metrostationer - Ci‹ringen Ørestad Airport FUTUREKommende METROSTATION Metrostationer – - NORDHAVNENNordhavnen Ørestad Copenhagenkontrolmålt din is ejendom. about to expand to suburban Vanløse. Around the same time, archaeologists and stops at a number of stations on KommendeEXISTINGNuværende Metrostationer METROSTATION Metrostationer - Nordhavnen Bella Center Kastrup Nuværende Metrostationer from The worked Cityringen ending in Nordhavn where TUNNELTunnelarbejdspladser CONSTRUCTION SITE TunnelarbejdspladserDUCTSkaktarbejdsplads CONSTRUCTION SITE itsVed metro opmåling system konstaterer significantly vi ofte forskelle i de anvendte kvadratmeter og de faktiske arealer. Det kan have Skaktarbejdsplads Vestamager Now the metro system will be further on what the museum terms “Northern a branch connecting to Cityringen is MAINTENANCEKontrol- og vedligeholdelsescenter CENTER Lu†havnen Er du i tvivl? Kontakt os for en drøftelse af de specifikke muligheder i netop din ejendom. Vi udfører Kontrol- og vedligeholdelsescenter VestamagerKontrol- og vedligeholdelsescenter Copenhagen betydning for beskatning, husleje og handelspriser.developed Vil making du være Copenhagen på 100% infra- sikker grund,Europe’s anbefalerlargest archaeological vi, at du excavation får currently under construction. Kontrol- og vedligeholdelsescenter Kommende Metrostationer - Ci‹ringen Airport og rådgiver ved alle typer opmålingsopgaver –structure professionelt, even stronger. til punktIn 2019 og a new prikke samtto date”. aftalt In the tid following og pris. years tunnels METROSELSKABET PHOTO: Ørestad kontrolmålt din ejendom. Kommende Metrostationer - Nordhavnen circular line, Cityringen, will open, adding and stations will be constructed. The tun- Price increases are expected on properties and development areas for both housing and commercial use close to the Nuværende Metrostationer 17 stations to the existing 22 stations. nels are each approximately 15.5 km long. 17 new stations around central Copenhagen. Er du i tvivl? Kontakt os for en drøftelse af de specifikke muligheder i netop din ejendom. Vi udfører Tunnelarbejdspladser Skaktarbejdsplads og rådgiver ved alle typer opmålingsopgaver – professionelt, til punkt og prikke samt aftalt tid og pris. Kontrol- og vedligeholdelsescenter Vestamager Kontrol- og vedligeholdelsescenter

EjendomsDesignFår du penge for -alle er din ejendom dine optimeret kvadratmeter? til salg eller udvikling?

Forudsætningen- eller får fordu et optimaltkvadratmeter ejendomsdesign er for en tilbundsgående alle dine forståelse penge?

forVed ejendomsretten opmåling konstaterer og arealforvaltningen vi ofte forskelle i formi de anvendteaf matrikulære kvadratmeter forhold, ejerlejlighedsforhold,og de faktiske arealer. Det kan have planforhold,betydning for bebyggelsesregulerende beskatning, husleje og bestemmelser handelspriser. og Vil privatretlige du være på bindinger 100% sikkerLandinspektørkontoret (servitutter). grund, anbefaler vi, at du får architects kontrolmålt din ejendom. Baatrup & Thomsen A/S Optimeringen og mulighederne ligger i kombinationen Er du i tvivl? Kontakt os for en drøftelse af de specifikke muligheder i netop din ejendom. Vi udfører og rådgiver ved alle typer opmålingsopgaver – professionelt, til punkt og prikke samt aftalt tid og pris. Ulrik Thomsen Kristian Baatrup Landinspektørkontoret Landinspektør og partner Landinspektør og partner HELSINGØRBaatrup &GILLELEJE Thomsen A/SKØBENHAVN Ole Rømers Vej 3 Alfavej 4A Nørre Voldgade 88 3000 Helsingør 3250 Gilleleje 1358 København K Ulrik Thomsen Kristian Baatrup Tel 4922 0986 Tel 4847 0986 Tel 3313 0986 Landinspektør og partner Landinspektør og partner HELSINGØR www.landinspektorkontoret.dkGILLELEJE KØBENHAVN R E S O U R C E F U L - I N S I G H T - C O O P E R A T I O N Ole Rømers Vej 3 Alfavej 4A Nørre Voldgade 88 3000 Helsingør 3250 Gilleleje 1358 København K Tel 4922 0986 Tel 4847 0986 Tel 3313 0986 RÆDERSGADE 3, 3 - DK 8700 HORSENS l ADELGADE 17, 5 - DK 1304 KØBENHAVN K l WWW.SKALA-ARK.DK www.landinspektorkontoret.dk

Landinspektørkontoret Baatrup & Thomsen A/S

Ulrik Thomsen Kristian Baatrup Landinspektør og partner Landinspektør og partner HELSINGØR GILLELEJE KØBENHAVN Ole Rømers Vej 3 Alfavej 4A Nørre Voldgade 88 3000 Helsingør 3250 Gilleleje 1358 København K Tel 4922 0986 Tel 4847 0986 Tel 3313 0986

www.landinspektorkontoret.dk COPENHAGEN REGION

COPENHAGEN

Institutional investor Danica Pension develops 700 youth housing at Nørrebro

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en with its naturally huge demand, low interest / the Copenhagen housing market. DFE S rates and short supply. develops residential properties for its own purposes and for sale to e.g. foreign investors. Housing expenses the first year - We are currently developing housing 53.000 for ourselves and for sale and there is huge demand for both, says Henrik Nordic fund, NREP, hast bought the Sandkajen project in Nordhavnen with 37 units. 47.000 Jensen, who with the enormous influx of people to Denmark’s biggest cities and 40.000 especially Copenhagen does not see any significant danger signs on the housing

33.000 market.

27.000 Klondyke at Islands Brygge Confidence in the market is not limited far as the eye can see – and at € 4,500- needed. When once parking spots were tionality, says Henrik Jensen. to DFE, if the developments in Valby, 6,000 per sq m. a necessity to rent out an apartment, 20.000 southwest of downtown Copenhagen, new generations moving to Copenhagen Not nervous are any indication. A trip to neighbour- - The effect of Copenhagen’s enormous choose to bike or take public trans- Property values and market rents are 13.000 hoods like Islands Brygge, Amager population growth is clearly reflected in portation. These residents use the city beating all records. Once again, getting Strand or Nordhavnen gives a sense of the high demand for housing; and new differently, and there is nothing that projects financed is merely a formality as 6.600 being on a Klondyke type set with hard and surprising initiatives will change indicates that they won’t be staying in long as the words housing and Copenhag- hats, contractors, cranes, construction the face of housing over the next few Copenhagen, although some may choose en appear on the application. The prices 0 In € Copenhagen Oslo Stockholm sites, half-finished row houses and years. For example, it is clear now that another form of housing at a later date. in downtown Copenhagen have returned SOURCE: THE CITY OF COPENHAGEN – FINANCIAL ADMINISTRATION growing housing blocks and high-rises as we planned more parking spots than For our clients, the code word is func- to 2007 levels and in nearby Frederiks- > Buying housing in Stockholm and Oslo is 33% and 55% more expensive, respectively.

PAGE 28 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIAN PROPERTY MAGAZINE | PAGE 29 NærHeden OUTSIDE CENTRAL COPENHAGEN BIG PLANS FOR HOUSING ARE ALSO BEING MADE. NEW NEIGHBOURHOOD NÆRHEDEN CLOSE TO HEDE- HUSENE EXPECTS TO BE CENTER FOR DEVELOP- Har du talt med din bygning i dag? MENT OF 500,000 SQ M IN THE FUTURE. ARKI- TEMA ARCHITECTS MADE THE MASTERPLAN.

INVITATION TIL FOREDRAG MED ADM. DIREKTØR TORBEN KLAUSEN, ÅRSTIDERNE ARKITEKTER, ONSDAG DEN 11. MARTS 2015 PÅ COPENHAGEN CAPACITY-STANDEN, KL. 15:00-16:00

VALBY MASKINFABRIK

Tænk, hvis din bygning kan fortælle, hvornår taget skal repareres, hvad det koster at få malet vinduer eller den har indhentet udbudsprisen hos tre entreprenører for vedligeholdelse af udearealerne.

Det er ikke et fremtidsscenarie. Det er virkelighed allerede i dag. For Årstiderne

Arkitekter har udviklet systemet, der kan det. Lige meget om du administrerer et

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P bygninger. Vi gør bygningerne intelligente med brugervenlige 3D-modeller.

Fordelene er åbenlyse: Du får overblik, sparer tid og penge – og ikke mindst bliver du præcis ved udbud eller når lejerne flytter. “VALBY MASKINFABRIK” IS BEING DEVELOPED

INTO 300 HOUSING UNITS AS WELL AS OFFICES.

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berg they have exceeded them. And new to and believe that the market will provide the of the 2 bedroom apartment which currently fortælle om systemet. the market is what has to be the ultimate sq housing that the youth of today are looking accounts for 60 per cent of all Copenhagen m price: € 113,500 for a project located near for, says director Anne Skovbro, the City of housing. This is why we have chosen to Svanemøllen, developed by developer Bricks Copenhagen. demand an average area of 95 sq m to ensure Nye og gamle bygninger skal have et langt liv, efter de er indtaget. Derfor har and designed by the architect firm Schmidt that the city grows dynamically, although we Årstiderne Arkitekter fokus på, hvordan ejeren kan bruge mindre tid og færre res- Hammer Lassen. There is no room to think outside the box do know that some developers think it is a bit sourcer på administration og vedligeholdelse. when it comes to size. The City of Copenhag- of a pain. We actually receive inquiries from One concern, in addition to whether the en remains true to its commitment to build London and New York about our urban plan- actual architectural design actually works, is diversified housing which is why it requires ning tools because they can see that our tools Nøglen hertil er viden – registreret viden om din bygning – som du får adgang til whether there is a market for this new hous- housing units in new developments to have succeed in creating a well-functioning city med systemet. Vi tør godt sige, at vi kan love en pæn besparelse, for vi kender kva- ing and whether the need will remain going an average size of 95 sq m. Many developers over time. Today we are managing to keep liteten og fordelene af vores produkt. Nu har du chancen for at blive klogere på forward. Right now, Copenhagen’s youth pop- would like to see this changed because the groups in the city which couldn’t find suitable systemet, så du kan blive klogere på dine bygninger... ulation is growing and an increasing number housing units they are permitted to build will housing in the past, says Anne Skovbro. of projects are focusing on this group. tend to appeal to the same target group. Today’s large scale demand is leading to - More youth housing is important to Copen- - Copenhagen would like to offer families with densification for Copenhagen. hagen housing for many reasons. We hope children an alternative when they grow out >

PAGE 30 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 HOUSING BASICS COPENHAGEN % % The70 relative cost of housing in Copenhagen %70 Houses Houses 70 Apartments 60 HousesApartments 60 Apartments 60 50 50 50 40 40 40 FOTO: LIZETTE KABRÉ 30 301998 2000 2002 2004 2006 2008 2010 2012 2014 30 1998 2000 2002 2004 2006 2008 2010 2012 2014 1998 2000 2002 2004 2006 2008 2010 2012 2014 Low interest rates mean that a far lower share of the household budget is spent on housing - We have sold several properties to foreign Still new name – new game than in 2006. investors but we also develop properties for ourselves. There is no fixed strategy for when we do one or the other. We assess from property to But after one year in the new setup Population and housing trends property whether it would give us higher yields to keep it or sell it, says CEO Henrik Jensen De 120 Residents 120 Residents Forenede Ejendomsselskaber, which recently – now with a proven track record Housing units 120 Housing units 115 Residents sold a property on Lyngbyvej to the property 115 Housing units fund Core Bolig IV, which invests in well-situated 115 110 housing in Copenhagen and Aarhus. 110 110 105 105

IIndex 1995=100 IIndex 105

IIndex 1995=100 IIndex 100 100 - More people are living in the same sq m IIndex 1995=100 IIndex 100 95 space because young people prefer to live in 95 the city in tight quarters rather than move 95 First year transaction volume: 90 out to the suburbs. We think that families 90 1995 1997 1999 2002 2004 2006 2008 2010 2012 90 1995 1997 1999 2002 2004 2006 2008 2010 2012 with children and young people sharing an There1995 are more1997 housing 1999units on the2002 market2004 but the gap2006 between2008 completed2010 units 2012and apartment purchased by their parents are 1.700.000.000 DKK the growth in population remains considerable. the main contributors to the current urban densification trend, says Anne Skovbro. € 227.000.000 Growth in housing area, per unit and per resident Smart tools to direct 108 108 urban development $ 300.000.000 108106 106 One thing that could be a game changer over 106104 the next few years is whether the new city 104 plan will open up new development areas. 104102 102 42.3 sq m per person 42.3 sq m per person 102100 100 42.3 sq m per person - We are following price trends very closely. 10098 98 During the economic crisis, we were reluctant Index 1995=100 Index Index 1995=100 Index 9896 to play a role in making prices drop even 96

Index 1995=100 Index 41.6 sq m per person 9694 41.6 sq m per person more which is why we did not release more 94 41.6 sqPer m per resident person land onto the market. But with the rising Cubrix Property Advisers A/S 9492 Per resident 92 Per housing unit PerPer resident housing unit prices we are seeing now, whether we should 9290 90 1995 1997 1999 2002 2004 2006 2008 2010Per housing2012 unit open up new areas and can follow up with – Your future partner in commercial real estate 90 1995 1997 1999 2002 2004 2006 2008 2010 2012 the supporting infrastructure will definitely 1995 1997 1999 2002 2004 2006 2008 2010 2012 Many Copenhageners prioritize city living higher than spacious living which makes for a be looked at in the city’s 2015 plan, says in Copenhagen densely populated city with more people per sq m. Anne Skovbro. n

SOURCE: THE CITY OF COPENHAGEN – FINANCIAL ADMINISTRATION www.cubrix.dk

PAGE 32 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 Ny Østergade 3, 1. Phone +45 31 17 77 77 1101 Copenhagen K Email [email protected] Property invest ment in Denmark

About Nybolig Erhverv København A/S is among the leading real estate agents dealing with investment properties, commercial properties and commercial premises in the area in and around Copenhagen. We act as agents for selling and letting properties in the sectors of: Project sales retail, offices, warehouses and production facilities. We provide consultancy on re-construction of properties and development of rooftop projects, just as we handle zthe sale and rental of the final project.

Consultancy & valuation Sales & letting We provide consultation and valuation of We have many years of expertise in both sales all types of properties. Furthermore we and letting of all kind of properties. Behind all provide cooperative dwelling assesments our activities is a strong and experienced team. and portfolio analysis.

Conversion of properties We offer consultancy for converting properties from commercial to residential. We review the opportunities for this type of conversions with advanced and transparent calculations and hereby show the overall gain for the owner.

Nybolig Erhverv København: Vester Farimagsgade 7, 3 · 1606 København V [email protected] · Tlf. 3364 6500 København A/S nyboligerhverv.dk/koebenhavn

Hillerød: Andre afdelinger: Nordstensvej 11, 1 · 3400 Hillerød [email protected] · Tlf. 3364 6500 COPENHAGEN REGION

ØRESTAD

70 PER CENT MORE JOBS IN ØRESTAD

Big companies are moving to Copenhagen’s logistics hub.

5 minutes from the airport, south- and The area, which saw occupancy rates - The trend confirms that big companies northbound motorways, regional train in existing domiciles drop during the find excellent location potential in the and metro; and 10 minutes from the financial crisis, has enjoyed job growth new urban developments and that small bridge to Sweden. About 20 years ago, of approximately 70 per cent. and medium-sized companies still mana- work began on the master plan for ge to find attractive opportunities in the Where old industry Copenhagen’s new urban area Ørestad. For the sake of comparison, and with existing city, e.g. downtown Copenha- Today’s result is a highly functional the exception of a former industrial area gen, known as the ”Inner City”. district with infrastructure of the caliber northeast of Ørestad which lost some meets modern that attracts the domiciles of internation- IT and telecom companies, the situation Room for many more al companies. in the rest of Copenhagen has remained This is also reflected in the fact that 40 architecture unchanged, according to the findings per cent of all newly-signed office leases All of this and more is documented in of this all new study by the City of in the municipalities of Copenhagen and the newest figures from the City of Copenhagen. Frederiksberg are for facilities in the Residential units for sale in Copenhagen Copenhagen, which show that Ørestad Inner City. is driving job growth in Copenhagen, not Big companies are especially eager to – call us at +45 2146 5624. only because of new companies locating locate in Ørestad, where they can occupy So even though Ørestad is the Copen- there but also existing companies mov- newly-built or tailored-to-fit facilities in hagen business district which has seen ing to new facilities. individual domiciles or office communi- most growth, it remains the place with ties. most room for more companies. PHOTO:RAMBØLL

The average size of a newly rented unit - The current project plan allows for is approximately 2,500 sq m in Ørestad 900,000 sq m of commercial space where the equivalent in the Inner City while the upcoming development plans would be approximately 300 sq m, for the Bella Center will pave the way for according to the City of Copenhagen’s an additional 160,000 sq m. This gives report, which also references figures a future total of 1.07 million sq m allo- from the property consultants Sadolin & cated to commercial space, according to Albæk. the City of Copenhagen, which is, how- ever, planning to transform some of the planned space into housing, especially in the southernmost tip of Ørestad where The international consultants Rambøll is many people are eager to live, but fewer just one of the companies which has chosen companies are interested in locating. to move to Ørestad. Here is its domicile in > Ørestad City. VALBY MASKIN

PAGE 36 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 www.valbymaskinfabrik.dk FABRIK Copenhagen is growing Small detailS With annual GDP growth of 2.2 per cent in 2011-2012, Copenhagen has been a driver of growth for all of Denmark, which suffered declines in the same period. can make a big difference

Copenhagen has left the economic crisis of 2008 behind, and can now boast pre-crisis job levels.

TRENDS IN BUSINESS STRUCTURES HAVNEBAD - With its 352,000 jobs, Copenhagen boasts almost twice Hellerup

as many as Aarhus, which has the second-highest number SVEND AUKENS Njalsgade

PLADS Ørestad North Karen Blixens Vej Blixens Karen

of jobs. Center of Amagerfælledvej

Copenhagen Rued Langgaards Vej - Most private-sector jobs fall within retail with 37,733,

Ørestads Boulevard Ørestads Kaj Munks Vej

financing and insurance with 23,405 and consultancy with Vej Kristensens Tom

Amagerfælledvej 21,381. Kanal Holms Emil Brønshøj

- Business trends in the City of Copenhagen are moving Grønjordsvej

REMISE towards more jobs within the knowledge and service PARKEN SUNDBY HALLEN

industries. Digevej Nordre COPENHAGEN Rødovre - The City of Copenhagen counts approximately 32,500 Frederiksberg active businesses. 90 per cent of these employ fewer than 10 people – and are responsible for about one tenth of employment and revenue in Copenhagen. Ørestads Boulevard Ørestads Valby - Big companies with more than 250 employees account Hvidovre AMAGER FÆLLED for 70 per cent of revenue and more than 50 per centENGHAVE of BRYGGE

employment. Landvindingsgade SYDHAVNEN

TRENDS IN BUSINESS AREAS

- The Inner City is the home of approximately 33 per TEGLHOLMENcent of all of Copenhagen’s jobs and remains an important area for

Teglholm Tværvej Vejlands Allé

the city’s commercial growth. Alliancevej Ørestad City Dexter Gordons Vej Ben Websters Vej - Ørestad is the citys highjumper. The number of jobs there SPEEDWAY BANE has gone up 70 per cent since 2009. Øresundsbroen Copenhagen Kenny Drews Vej Ørestads Boulevard Ørestads Airport - The Northwest Quarter and Northeast Amager exude an C. F. Møllers Allé

SLUSE urban vibe which is especially attractive to the creative HAVNEN ROYAL GOLF CENTER

fields and start-ups. This is due to a combination of the AMAGER Center Boulevard Center

nature of the buildings, the profile of the neighbourhood, its Edvard Thomsens Vej

FISKERHAVNEN

rents and more. Northeast Amager has experienced a 20 per Vej Fiskers Kay Arne Jacobsens Allé E20 cent dip in the total number of jobs. Bådehavnsgade

- Valby South and Sydhavn are well-established business Sejlklubvej Vej Arups Ove areas which are currently undergoing an urban development SKYTTE CENTER Speditørvej

Sydløbsvej process which will result in new infrastructure expected to Hannemanns Allé

up the area’s appeal in the long term. Metrovej GET A COMPETENT PARTNER IN DEAS E20 From facilities maintenance to property management, we have an eye - Copenhagen Science City and Nordhavn are business areas Ørestad South with great potential. However, for various reasons, neither Ejler Billes Allé Boulevard Ørestads for detail in everything we do. Rest assured that we will work flat out for

has been much in demand as business locations. KALVEBOD FÆLLED Vej Jacobsens Robert you – because care, precision and competence makes all the difference.

Asger Jorns Allé

ILLUSTRATION: BY & HAVN & BY ILLUSTRATION: learn more at www.deas.dk

Else Alfelts Vej Alfelts Else Richard Mortensens Vej Mortensens Richard

PAGE 38 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 PROPERTY MANAGEMENT · PROPERTY ASSET MANAGEMENT · FACILITY SERvICES · REAL ESTATE AGENCY · PubLIC-PRIvATE PARTNERShIP

STORE HØJ

NORDRE KLAPPER

Kalvebod Sti

3831_DEAS_profilannonce_ScanPropMagazine_230x290.indd 1 18/02/15 09.50 ØRESTAD 6 NORDVESTKVARTERET AND NORDØSTAMAGER Development in Copenhagen Hellerup Hellerup FOTO: BY&HAVN FOTO:

Ørestad is a driver in Copenhagen’s One third of the area has already reinvention. The New Town brings been developed. Ørestad North is together corporate headquarters, almost completed. In the coming 7 3 architectural innovation and years the development will focus 3 Northern Europe’s largest central on the completion of Ørestad City Brønshøj Brønshøj CBRE PHOTO: nature reserve area to the heart of and Ørestad Syd. The Copenhagen - The Northwest Quarter and experienced a 20 per cent dip in the the city. Arena will be ready in 2015. See 8 Northeast Amager exude an urban total number of jobs. also map on page 38 vibe which is especially attractive This is Topdanmark Ejendom's to the creative fields and start-ups. property called Stregkoden (The COPENHAGEN COPENHAGEN This is due to a combination of the Barcode) where CBRE recently let 4 nature of the buildings, the profile space to the jeweler Dyrberg/Kern. Rødovre Rødovre of the neighbourhood, its rents 7 Frederiksberg Frederiksberg and more. Northeast Amager has NORDHAVN 3 The former industrial harbour areas for use in the Århusgade District. In are changing into an attractive wa- 2015 the first residents will move Valby 5 Valby terfront development. In 2014 the into the district. Hvidovre 2 Hvidovre first homes and offices were ready INNER CITY 4 1 COPENHAGEN 8 6 SCIENCE CITY By 2015 the Faculty of Health and Data Management and Software Medical Sciences will complete Centre for the generator in Swedish its new 42,700 sq m high-rise for Lund will operate in the Niels Bohr research and education. A few years Science Park from 2019. Øresundsbroen Øresundsbroen later, Rigshospitalet, the Copen- Copenhagen Copenhagen hagen University Hospital – will The new metro city circle will Airport Airport KONSTANTYNER. OSKAR PHOTO: expand by 40 per cent while the connect Copenhagen Science City - The Inner City is the home of approximately 33 per cent of all of Copen- existing buildings are refurbished. directly to the metro network from hagen’s jobs and remains an important area for the city’s commercial The European Spallation Source – 2018. See also page 8. AMAGER AMAGER growth.

Valby South is developing from Valby Idrætspark – the biggest 2 The former brewery site is changing into an industrial area into a sustai- sports area in Copenhagen – is a creative neighbourhood. Over the next VALBY SOUTH nable and diverse neighbourhood expanding. A new swimming CARLSBERG 5 15-20 years, the Carlsberg City will be de- with modern family housing, complex has recently opened SYDHAVN 1 CITY DISTRICT veloped into a unique and lively Copenhagen and cultural and recreational and the planning is underway for urban district for businesses, residents and facilities. Ageing industrial further sports facilities. Sydhavn is changing from an visitors – a total of approximately 567,000 buildings have been refurbished industrial harbour to a canal sq m of mixed development. and retailers, service industries, The development north of the district. There are app. 12,000 public institutions and creative railway is advancing rapidly, jobs in the area, particular- The Consortium behind Carlsberg City con- industries are moving in. though there is room for more in- ly within the fields of ICT. sists of a number of institutional investors The opening of Ny Ellebjerg train vestments. South of the railway – Aalborg University recently along with Carlsberg itself. The goal is to station in 2007 and the exten- at the sports area and the former moved into a former Nokia resell it to interested investors. sion of the railway line towards wholesale market – development headquarter together with Hamburg have created a new has only just started. several thousand students. regional hub in Valby South. PALUDAN GOTTLIEB PHOTO: FOTO: COLORBOX FOTO:

PAGE 40 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIAN PROPERTY MAGAZINE | PAGE 41 stand P-1. K14 Level 01 in Palais des Festivals: Copenhagen Capacity and the City of Malmö. Hear about the dynamic Copenhagen Malmö region meet the partners and enjoy delicious Nordic specialities.

Copenhagen Capacity and the City of Malmö have the pleasure of inviting you to the welcome reception on: COPENHAGEN MALMo Tuesday, March 10 17.00 PM. You will find us at: Palais des feivals, at the Copenhagen Malm and P-1. K14 - Level 01 Come and meet us and enjoy a taste of the new nordic cuisine.

The Copenhagen Malmö and at MIPIM 2015 is brought to you by:

Copenhagen Capacity The City of Malmö Tel: +45 33 22 02 22 Tel: +46 40 34 17 00 E-Mail: [email protected] E-Mail: [email protected] at MIPIM 2015 Web: www.copcap.com Web: www.malmobusiness.com Partners from Denmark and Sweden The Copenhagen Malmø Region com prises the greater Copenhagen area and the southern Swedish Region of Skåne.

The Copenhagen Malmø Region - mission accomplished Focus on the region Since the inauguration of the Øresund Bridge between Sweden and Den- mark in year 2000, we have been setting out plans and developed projects + The Human Capital of Scandinavia with partners across the water without even considering the divide that www.arkitektgruppen.dk www.briggen.se www.byoghavn.dk www.carlsbergbyen.dk Øresund once was. Today companies can expand their markets, job- + Population: 3.8 million seekers can take up work in the neighbouring country and students can follow courses at more than one university. + Workforce: 1.8 million All this was part of the vision behind the Region.

+ Area: 20.859 km2 The Copenhagen Malmø Region - a pool of opportunities (half the size of Switzerland) Not only is the Region home to the largest concentration of highly educated people in northern Europe, but this abundance of talent combined with an + Universities: 11 www.kk.dk www.odense.dk www.diligentia.se www.invest.skane.com extraordinary close collaboration between the industry and the higher education establishments makes the Region a powerful force. + Students: 167.000 Furthermore, both Denmark and Sweden rank highly in terms of competitiveness, business climate, investments, IT penetration, science + Copenhagen Airport: Northern Europe´s and quality of life. The Region offers the best of both countries, largest airport, 140 destinations. making it the Human Capital of Scandinavia.

+ Research & Development: The Copenhagen Malmø Region – easy, fast and smooth access R&D/GRP = 4.9% (EU-average: 2.0%) The public transport system is well developed and the infrastructure

www.lund.se www.mpd.midroc.se www.mkbfastighet.se www.mth.dk impeccable, which makes getting around the Region fast and easy. + Regional world class industry clusters: Furthermore, with a centrally placed international airport (CPH), Cleantech, Creative industries, Foods, the Region is easily accessed from all parts of the world. ICT, LIfe Sciences, Transport/Logistics

The Copenhagen Malmø Region – green is the (new) black The Region is at the absolute forefront of green growth and environmental initiatives. Energy efficiency, solar energy, off shore wind turbines and zero-emission construction developments

www.npv.as www.realdaniaby.dk www.skanska.se www.vasakronan.se are just some of the projects which are associated with the Region.

The Copenhagen Malmø Region – whatever takes your fancy The Region features a unique blend of proximity to both big city environments – with their vibrant, cultural diversity – and relaxing countryside with beaches, forests, mountains and open landscapes. Whatever one might be in the mood for, it can be found in the Region.

www.regionh.dk www.wihlborgs.se www.aalborg.dk www.aarstiderne.dk ILLUSTRATION: SCHMIDT HAMMER LASSEN

COPENHAGEN REGION The Danish architect firm Schmidt hammer lassen architects designed the new hotel and con- gress centre as well as the Concert House in Malmö, which will be 85 metres high with 444 rooms. The complex will be part of the new neighbourhood Malmö Live which will connect the MALMÖ business and residential district Västra Hamnen to the city centre.

ence facilities and hotel, Skanska will also continued expansion. At the same time, conference and meeting part will have participate in the development of the rest they will fulfill our employees’ wishes for room for about 700 people, in addition to of the 90,000 sq m in the area known as a modern and inspiring work environment a multi-use room for 350 people, a concert Universitetsholmen. The neighbourhood and allow us to strengthen our brand as hall for 1,600 spectators, and a 25-storey will open in May of 2015. a modern and dynamic law firm by being hotel with 444 rooms. part of the new Malmö, says Filip Bucin, - Malmö Live is an important investment in Managing Partner in MAQS, to Skanska. - We have created a building that has a Malmö’s music, culture and entertainment precisely shaped expression towards its scene. The city will be getting a long-awai- Dorte Mandrup has designed a building surroundings to support the idea of ‘a city ted concert hall with world-class acoustics with a groundbreaking facade that comes in the city’. The context of Malmö city has and the Malmö Symphony Orchestra will alive through its interaction be-tween the inspired our choice of colours and materi- have more stages with greater flexibility. sun, light and shade. This part of Malmö als and we have created a unique glazed The biggest of the concert rooms will seat Live will be 9 storeys high and offer views tile for the façade design, says senior 1,600 people, according to Malmö Stad. over Malmö. partner Kristian Lars Ahlmark at schmidt hammer lassen architects. The building’s first tenant is the law firm In addition to Schmidt Hammer Lassen MAQS, which has leased 1,250 sq m of the and Dorte Mandrup, the Danish architects The actual height of the hotel will have total 10,000 sq m of office space, of the Vandkunsten partnered with the Swedish Malmö Live competing for attention with total space of 90,000 sq m. architect firm Johan Celsing on the design Malmö’s current landmark, Turning Torso. of the residential units. 85 meters tall, Clarion Hotel & Congress – In partnership with Skanska, we will Malmö Live promise to stand out on the be arranging flexible and modern facili- The congress centre part of Malmö Live city’s skyline. ties which will be the framework for our will accommodate 1,500 people, the

NEW 90,000 SQ M NEIGHBOURHOOD BRINGING MALMÖ TOGETHER • Asset management

May will see the inauguration of Malmö Live—a • Project management The builder of the congress centre and neighbourhood that will connect the downtown hotel, which will be operated by Clarion • Letting management Hotels, is one of the world’s biggest core to the new development area Västra Hamnen contruction companies, the Swedish giant Skanska. The City of Malmö is the • Property management with concerts, offices and nearby housing. builder of the concert hall which will be let out to the municipal firm Malmö Live When Malmö Live opens in May of This new neighbourhood is being built Konserthus. The Danish architect firm 2015, the people of Malmö will be get- on a former parking lot and will serve as Schmidt Hammer Lassen designed this ting an all new neighbourhood. The area a gathering place for people who live and portion of the project while the Danish making it possible will connect the city to Västra Hamnen, work in the area with a green walkway, architect Dorte Mandrup is responsible which is Malmö’s green development waterfront views, conference facilities, for the plans for the office space. area and a beacon of green urban deve- a hotel and a concert hall for the Malmö lopment these past 14 years. Symphony Orchestra. In addition to the concert hall, confer-

PAGE 46 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 Real Estate Investment management www.nordeaejendomme.dk The Switzerland-based architectural firm Herzog & de Meuron 1 is particularly well-known for designing the Olympic stadium, the “Bird’s Nest”, in Beijing and the Tate Modern in London. The North Zealand Hospital is designed in collaboration with THREE the Danish firm Vilhelm Lauritzen Architects and will be Her- zog & de Meuron’s first project in Scandinavia. The hospital ARoS - YOUR RAINBOW PANORAMA - photo by OLE HEIN PEDERSEN will contain 662 beds. All patient rooms are single patient rooms. The hospital will serve as an acute district hospital DANISH for 312.000 citizens in Northern Zealand. The government has approved a preliminary budget of € 500 million for the construction of a hospital on a green field. sifi e PROJECTS Køge North Station will be commenced in 2016 and is expe- n d 2 cted to open in 2018. In connection with the new station a e d c

parking space for 900 cars will be designed. The tenders for i

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the construction of the station will be offered around New y A”Aarhus is experiencingARH record growth. NewUS residents flock h

NOMINATED Years 2015/2016. T to the city, new neighbourhoods are being developed and Krøyers Plads is a significant location in the centre of the former industrial areas are being transformed, with homes, 3 Copenhagen harbor area. Today, the site constitutes a gap in cafes, restaurants and shops. Companies, along with cul- FOR MIPIM the continuous rows of old warehouses that sit perpendicular to the harbor front. Several proposals for the development of tural and educational institutions, move into these urban the area have been rejected mostly by the local population. Therefore, the architects Cobe and Vilhelm Lauritzen have environments, where knowledge and innovation flow freely”. AWARDS designed the new Krøyers Plads based on a hyper-democratic and contextual approach. The project consists of 3 five-story Housing is booming in the housing units, naturally continuing the warehouse structure along the harbour. The exclusive appartments at Krøyers Danish capital and so are Plads are presold for about €1.2-2 million corresponding €6,000-12,000 per sq m. spectacular designed projects THE HARBOUR BATH - BASIN 7 AARHUS INTERNATIONAL SAILING CENTRE VIEWPOINT TOWER

When the property industry takes the Krøyers Plads 1 in Copenhagen. Vilhelm Finally, in the category Best Futura stage to award its golden palms on Lauritsen Arkitekter and Cobe Arkitekter Mega Project, the Danish nomination Thursday March 12th in Cannes, once designed the project which is developed is the new hospital in Hillerød called again, Denmark will be represented in by NCC Bolig. the New North Zealand Hospital, which style. The total field includes 22 countri- was designed by Herzog & de Meuron es—itself a record. The Nordics count a The Køge Nord station, designed by Cobe in collaboration with Vilhelm Lauritsen total of 7 nominated projects and all of 3 Arkitekter and Dissing+Weitling and Arkitekter. Region Hovedstaden (the of these are Danish. Nominees who may the project is nominated in the category national capital region) is the developer make it onto the stage include the archi- Best Futura Project. The builders are of the project. n THE ICEBERG - photo by MIKKEL FROST tect firms Vilhelm Lauritzen and Cobe Banedanmark, Køge Kommune and DSB and 3 development firms: two public and Ejendomme and Cowi is consultant. one private. The 3 projects are:

1 FOTO: HERZOG OG DE MEURON 2 3 FOTO: VILHELM LAURITZEN/ COBE/ NCC COBE/ LAURITZEN/ VILHELM FOTO: NORDSJÆLLANDS HOSPITAL STATIONEN KØGE NORD KRØYERS PLADS PAGE 48 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 www.aarhus.dk HABOURFRONT CITY DISTRICT - BASIN 7 COPENHAGEN REGION

ODENSE Find commercial real estate in Denmark CONSTRUCTION’S BOOMING IN or Sweden ODENSE – Or serviced office space worldwide

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PHOTO: CF MØLLER CF PHOTO: MØLLER CF PHOTO: to find office spaces, shops or storage Office space, shops, storage facilities etc. Cortex Park is a new office and science park being developed close to the new hospital in Odense. The hospital will be 237,000 sq m. The construction has a total cost of €920 rooms for rent in Sweden and Denmark. million and is expected to open in 2022. Left Cortex Park masterplan – right the hospital. Both are designed by Danish architect firm C. F. Møller. 100% free as tenant All information is free for tenants to use If your scope is global, MatchOffice.com the time, the city of Odense was trans- - The investors are there and they are Intuitive and fast The transformation of Odense’s main itioning from a town with a large share into Odense now, says Anker Boye, can help you find the best serviced office thoroughfare Thomas B. Thriges of industry jobs to a town that was Mayor of Odense. space worldwide. We have made search & selection easy trying to figure out how to live off some- Gade will create a whole new city thing else. We want to put the money The transformation of Thomas B. Thriges No cure – no pay (landlords only) to good use and improve the standard gade is the most extensive urban trans- Do you have a space for rent? Get your Free of charge until you’ve found a tenant core for Odense and a new location of living. To do this, we are investing in formation project in the history of Oden- business to make the cake bigger. After se. But Anker Boye does not pretend it commercial property exposed to 1000s and a rental agreement has been made. for ”downtown” in Hans Christian all, growth is coming to town, says the was an easy decision. of visitors each week. Read more online. Mayor of Odense Anker Boye. Andersen’s hometown. - Odense is a relatively small town and In June, Odense’s traffic artery Thomas B. there are always politicians who run into Odense is Denmark’s 4th largest city and Thriges Gade was severed, or more pre- Mrs. Jensen or Mr. Larsen who think that probably best known as the home town cisely blocked. This is the first step tow- blocking their street is a very bad idea. of the famous author Hans Christian ards creating an all new city core where This is why I did everything I could to Andersen. Although growth has been change will come to attractively-located make it happen now, so we could raise a struggle for Odense in recent years, junctions as new neighbourhoods blos- the bar together. Odense needs to be a a construction boom is revving up and som and grow in the city centre. little big city instead of a big little city with it, investment in excess of €4 A new project is a 17-storey tower in and that is something we can only do billion. the northern end of a new quarter. Togt if we take the road of development. Ejendomsudvikling put its bid in for this Sometimes you have to make some big - Odense has faced special challenges. one, but many other developers would moves in order for change to happen, The economic crisis affected us all but, at like to build in Odense. says Anker Boye. > Lokalbasen.se, Mäster Samuelsgatan 60, 8tr., 111 21 Stockholm · (+46) 08-559 214 33 Lokalebasen.dk A/S, Æbeløgade 4, 1., 2100 København Ø · Arresøvej 6A, 8240 Risskov · (+45) 70 20 08 14 PAGE 50 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 MatchOffice, Berkeley Square, London W1J 6BD · (+44) 20 7887 6446 Some of the projects which will soon be part of the transformation of Odense:

The whole Thomas B. Thriges gade proje- This is also one of the fundamental ct will include the construction of about objectives behind Udvikling Fyn (De- 53,000 sq m with 350 housing units velopment Funen), a new partnership and 500 jobs. The project will be imple- between 5 municipalities on the island mented as a partnership between the of Funen. City of Odense and the charity found- HOUSING ation Realdania. - We are reaching out to the construc- tion and real estate industries, among The Thomas B. Thriges Gade project is others, because we need to transform currently one of the most visible trans- the money into lasting jobs for Funen. formations in Odense, but during the One thing we would like to see is if next few years, an all new light rail line, the knowledge acquired through our a new super hospital and a research park renovation and development work can will join it in boosting the city’s growth be transformed into an export, says Niels and contributing to the € 4,3 billion in Erik Haug-Larsen, the newly-minted expected investments. director of Udvikling Fyn who has a wealth of marketing experience from his - And the first 25 billion are already former position as Global Retail Director in the bag. This is the biggest total in the well-known Danish retailer and investment in the history of Odense. And electronics group Bang & Olufsen. SEPTEMBER 3-4 2015 we are going to use the momentum to get more people working. Odense has way too many people dependent upon transfer payments, says Anker Boye.

A NEW HOTEL Competitors joining forces to sell Odense’s Cortex Park

One enormous investment in Odense it comes to Cortex Park, the property is a new super hospital to be built as agencies of the city are a united front. an expansion of the university en- In a groundbreaking deal with Freja vironment. To this end, the state-own- properties and CC Property, 4 Odense ed real estate company Freja is busy property agencies have agreed to sell developing a new town just south and market the development rights to Ejendomsdagene 2015 of downtown Odense closed to the Cortex Park. These agencies are Home hospital, Cortex Park. Erhverv Fyn, Nybolig Erhverv, Restato and EDC Erhverv Poul Erik Bech. Cortex Park is a neighbourhood for knowledge and service companies - We are casting out our net as wide Join the most important executive event in Denmark that want to be part of Odense’s as we can to catch more fish. By technology, research and innovation inviting more property agencies on HOUSING COMMUNITY cluster. In 2020, the new light rail line board, we can access more clients and Maximum 140 participants – sold out in 2014 – sign up now will serve the area and make trans- more knowledge about the market in portation between downtown Odense and around Odense. Normally, every and the new knowledge district agency works on its own and we keep convenient. our cards close to our chest, but now we are encouraging agents to share Oxford Research estimates that their experience so that we can work these projects will generate more together to sell more development than 6,000 permanent jobs in Cortex rights, says Jes Rovsing, director of Park. Add to this the City of Odense’s sales for Freja properties. historical investment of €400 million www.ejendomsdagene.dk over the next four years in growth This agreement between Odense prop- and business. erty agencies is unique for Denmark. The conference is being held in Danish It is very rare to see more than two COMMERCIAL PROPERTY And now Freja has found a unique- agents work together to sell the same Partners: to-Denmark way to sell the plots in property, unless it is a lease situation. the area. Usually competitors, when But now it is happening in Odense.

PAGE 52 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 COPENHAGEN REGION

AARHUS situated on the harbourfront. More than the centre of town and interfaculty colla- just housing is being developed. Also boration, research, culture and business schools, business and cultural facilities are all part of the city’s DNA. are looking to locate in the city centre and harbourfront districts. - Aarhus sees itself as a place where things can and will happen. We have - We support this development and managed to get the city council, the are making sure that the housing has business community and the education the potential to be spacious, and that sector to work together. Perhaps all there is room for businesses that want cities say that they collaborate, but we AARHUS to make these neighbourhoods where actually walk the talk, and that is part of knowledge and ideas flow their home. our self-understanding, explains Bente They don’t want their headquarters out Lykke Sørensen. in the middle of a field on the edge of ON ITS WAY TO town. They want to be part of an urban Aarhus Ø – a new harbourfront environment, says Bente Lykke Søren- district sen, director of the Urban Development Aarhus Ø is the city’s largest develop- and Mobility Centre with the City of ment project and an all new district BECOMING A BIG CITY Aarhus. with housing, business, schools, senior Hamborg housing, child care facilities, a central Aarhus is a young city and an attractive public library and theatre. In time, the di- In recent years, Denmark’s second lar- have been initiated. Aarhus is preparing population grew by 5,000. The city place to study. The number of Danish strict will be the home of 8,000-10,000 gest city has been enjoying a construc- for its future as a big city. centre is where most of the growth is, and international students increases people and about 12,000 jobs. tion boom. Thousands of new inhabitants especially the old city and the new cen- every year and is a major driver for the have moved to the city and millions of Thousands of people move to Aarhus trally-located development area called city’s growth. It is unique for a city to The internationally renowned architect dollars worth of construction projects every year. In 2013 alone, the city’s Aarhus Ø, which is a new neighbourhood have so many of its schools clustered in firms Bjarke Ingels Group, BIG, and Gehl Architects are behind the development Berlin PHOTE: BIG plan for one of the newest projects Bas- sin 7 – located in the middle of Aarhus Ø. The plan focuses on creating an attracti-

ve city space with urban communities. In GODSBANEN PHOTE: a few years, the city will add a fantastic The famous international artist Olafur Eliasson has made the art muse- harbour pool, a beach zone and a seven um Aros a landmark for Aarhus with his walkable rainbow on top of the meter-high look-out tower, which will museum. offer views of the surrounding area, bay and city. The development plan encourages the city’s players to foster a city feel and participate in operating the Bassin 7 area.

On the tip of Aarhus Ø with the old transformed into a sailing arena and the marina as its nearest neighbour, the city city will host the World Championships will also be the home of an international in all Olympic boat classes. sailing centre, which will be ready by 2018, when the Aarhus bay will be Godsbane – Aarhus´ new artsy district The Godsbane area, a former railway area, is the city’s new cultural hot spot. It is already a lively, creative, innovative environment with a focus on youth culture and with Godsbanen as the area’s motor and the cultural production centre for the performing arts, graphic The neighbourhood will also be the home arts and literature. The Architect School of a theatre with a glass lobby and view of of Aarhus and other schools are moving the bay. into the Godsbane

PAGE 54 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIAN PROPERTY MAGAZINE | PAGE 55 of an efficient transportation system area with a variety of housing types and which will support urban development architecture. and the use of collective transportation City of Aarhus to take part in the country’s second largest urban Risskov Brynet – a neighbour- in MIPIM for space. The planning of the next light rail hood near water and woods phases is well under way alongside the Risskov Brynet is a new urban transfor- 9th consecutive year construction of the first phase. mation area, 4 km north of the down- town core and 3 km from the University The City of Aarhus will be participating in MIPIM, Aarhus undergoing intense of Aarhus with the woods and water as Cannes, for the 9th year in a row. Every year, the City transformation its closest neighbours. Risskov Brynet of Aarhus receives a lot of investor interest in Can- In years to come, many other big and will be a new neighbourhood with green, nes. This is why the Aarhus City delegation, including small municipal and private urban devel- recreational areas, housing, child care the mayor and city director, also have very high expe- opment projects will transform Aarhus facilities and shops. The neighbourhood ctations to this year’s visit to Cannes. to a big city. will consist of municipal family housing, municipal and private youth housing Today, Gellerup is a socially challenged as well as student residences, of which housing area, located 5 km from down- some will be reserved for international town Aarhus, which is being opened students. The development of this new Aarhus growing rapidly up to better connect it to the rest of urban space was recently kick-started In 2013, the Aarhus city population grew by 4,799, Aarhus. The City of Aarhus is moving when the City of Aarhus sold a large so just short of 324,000 people live there now. That approximately 1000 municipal jobs to plot of land to a pension fund for the number is expected to exceed 350,000 during 2022. to participate in the development of the the neighbourhood which will get a new construction of housing. n The City of Aarhus has its own official objective of area. The acquisition will take place in main street with a bustle of business 375,000 inhabitants by 2030. 2017 once the hospital’s activities have activity, a city park with sporting been relocated to the New University facilities and a big business and housing Hospital in Skejby.

The Central Library in the downtown core is another example of an iconic building about to be put to new use. Once the library’s activities are moved to the harbourfront later this year, the library will be transformed into a hostel with cafés, housing and shops. The new hostel will be an international meeting place where locals can meet people from GET DIRECT ACCESS TO THE DANISH all over the world and where the world can be introduced to some of the best of Several new neighbourhoods are being developed around Aarhus to meet the growing population. what Aarhus has to offer. PROPERTY BUSINESS

Lisbjerg – the city’s biggest urban development project area where an international student Over the next few years, Aarhus will Lisbjerg is located 9 km north of Aarhus house and municipal youth housing will be building the New University Hospi- centre and 5 km northwest of the Put an ad in the most important be constructed. The new neighbourhood tal – the biggest hospital project in the business zone in Skejby, the home of is expected to reach completion when history of Denmark – in Skejby, north world famous wind mill producer Vestas’ Danish property magazine Estate Magasin Aarhus becomes the cultural capital in of Aarhus. All Aarhus hospital functions headquarters and the New University 2017. will be gathered there and existing city Hospital. Lisbjerg is the city’s biggest hospitals will be vacated. The City of transformation area and will be devel- District Hospital – hospital Aarhus has just purchased the District oped into a dense neighbourhood with re-purposed for the city Hospital which is located right in the housing, businesses, shops and public While Aarhus Ø and Godsbanen are downtown heart of the city. With its functions, with room for approximately examples of industrial sites transformed superb location and history, the area has 25,000 inhabitants, over the next 20-25 to meet city needs for housing, busines- the potential to be a very special place years. ses and education, old buildings are also in Aarhus and the city will encourage MEDIA being re-purposed for new functions. this by inviting the citizens of Aarhus Denmark’s first light rail line will be part Call Michael Mortensen on +45 28 34 03 19 and hear more

PAGE 56 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIAN PROPERTY MAGAZINE | PAGE 57 ESTATE PROGRAMME ES T AT E KONFERENCE SIGN UPAT WWW.ESTATEKONFERENCE.DK 23:00 20:00 19:00 ______16:00 16:00 15:30 15:00 14:35 14:10 13:45 12:45 12:15 11:30 11:00 10:30 10:00 09:25 09:05 09:00 08:30 MONDAY JUNE 8

Copenhagen’s spot in the international picture international the in spot Copenhagen’s

End of official programme of official End Jensen Frank of Copenhagen, City Mayor of The Lord The by: speech Dinner Hus -Industriens dinner Executive Hall City Copenhagen - reception Official to follow information -More tour bus Guided areas development potential and areas Investment network and break Coffee in Copenhagen Investments investment surrounding circumstances special and Opportunities housingThe market market property The Lunch and networking Economic development and the financing market development on impact its and Infrastructure network and break Coffee to growth path –Copenhagen’s development and Research offer On region Copenhagen Keynote: The Summit Property International Copenhagen to the Welcome breakfast networking and Registration NETWORKING NETWORKING INVESTMENT INVESTMENT DEVELOPMENT DEVELOPMENT MONDAY JUNE82015 MONDAY JUNE82015

Foto: BY & HANV/Peter Sørensen Tuesday, March 10th 14:00 – MT Højgaard is hosting a reception at the Copenhagen-Malmö stand.

15:30-16:30 - Carlsberg Byen is hosting a reception at the Copenhagen-Malmö stand. Partners at the Copenhagen-Malmö stand at Mipim 17:00 – The official opening reception of the Copenhagen-Malmö stand. Organizer: Copenhagen Capacity. Danish · City of Aalborg · Årstiderne Arkitekter · By & Havn (the city and port Wednesday, March 11th development organization) 14:00 – The developer Skanska is hosting a reception · Carlsberg Byen (Carlsberg city) at the Copenhagen-Malmö stand. · Copenhagen Capacity · Kongeegen 15:00 – Årstiderne Arkitekter is hosting a reception · City of Copenhagen ONCE AGAIN at the Copenhagen-Malmö stand. · MT Højgaard · NPV – Nordic Property Vision 17:00 – Officiel launch of new investment portal at · City of Odense the Copenhagen-Malmö stand. · Realdania by · Region Hovedstaden (the national capital GENUINE ATTENTION region) Thursday, March 12th Swedish TO THE COPENHAGEN- 15:00 – The City of Odense is hosting a reception at · Fastighets AB Briggen the Copenhagen-Malmö stand. · Diligentia · Invest In Skåne · City of Lund MALMÖ REGION · City of Malmö · Midroc Property Development For the first time, this year the Copenhagen Region will be marketed as Greater · MKB Several Danish and Swedish companies are showing Copenhagen. The Copenhagen Malmö stand is in the exact same place as always · Skanska in Cannes’ Palais des Festivals, although its number has changed. It is now P-1. · Vasakronan the best of the region from March 10th-13th K14. · Wihlborgs Fastigheter AB

The Copenhagen-Malmø Region stand at projects for Danish and international investors. WANT TO KNOW Mipim always attracts a lot of visitors. investors and consultants. MORE ABOUT GREATER Not only does the region’s stand offer - One of the things we are really looking COPENHAGEN? beer on tap, but it also provides a - We have made a name for ourselves forward to is meeting international On June 8th, the Copenhagen International wealth of information about some of the these past 10 years with a long line of investors and project developers to Property Summit, CIPS, is taking place for most sought-after investment targets in impressive projects. Our Copenhagen show properties’ potential, says Mikkel the 2nd time. The Copenhagen International Europe. office employs 50 people and we are Westfall. Property Summit is a top level knowledge and currently working on 150,000 sq m of networking forum in the Copenhagen region One of the many new players participa- housing and a number of high-profile, In addition to Årstiderne Arkitekter, the for international and local investors as well as ting in this year’s conference is Årstider- heavyweight projects. This is why we following companies are partnering up property professionals. ne Arkitekter. Mikkel Westfall, a partner think we have a story to tell as a signifi- and events taking place at the Copenha- in the firm, sees this as an opportunity cant player on the Copenhagen market, gen Malmö stand this year. Developers, This is the right place to be if you want to to show the world that Årstiderne in the words of Mikkel Westfall. public development organizations, learn more about one of the most sought-after Arkitekter is setting its mark on Danish property companies and contractors regions in Europe today, when it comes to housing and commercial developments. Årstiderne Arkitekters’ presence at will all be there to showcase the best properties. Mipim is also intended to showcase investment opportunities in the region Årstiderne wants to showcase its the company’s value to international and is ready to provide facts and figures. See all about the event at www.estatekonference.dk

PAGE 60 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIAN PROPERTY MAGAZINE | PAGE 61 PHOTO: KØBENHAVNS KOMMEUNE KØBENHAVNS PHOTO: Just across from the main entrance of world famous Tivoli a new iconic commercial complex is taking shape.

Velkommen til ESTATE MEDIA MORE CLUB

Every year, Estate Media

PHOTO: ATP EJENDOMME organizes more than 20 conferences. 23,000 NEW SQ M BUSINESS SPACE Now we are giving you the chance to participate in the biggest Danish networking event in the property in- our conferences for a flat annual fee. Once you pay an dustry, Ejendomsdagene, you can have complete access IN DOWNTOWN COPENHAGEN annual membership fee, you can participate freely in the to all events for a whole year for €2,935. conferences and networks and receive Estate Magazine In downtown Copenhagen, across from the world-famous amusement park onal investors joined forces to invest at no extra cost. Read more about options, services and terms at Tivoli, a unique opportunity to build a in this new commercial building: ATP estatekonference.dk/more the street from the world-famous 23,000 sq m commercial building has Ejendomme, Industriens Pension and A basic membership to all our day conferences costs arisen. PFA Ejendomme. They commissioned amusement park Tivoli, an impressi- the German contracting firm Züblin to €800. If you are also interested in participating in our If you have questions for Estate More Club, call us ve commercial building is emerging. The building, Axel Towers, on Axeltorv build it according to plans drawn up by English-language CIPS, you can choose silver member- at +45 49 25 39 69. will consist of 5 towers with heights the Danish architect firm Lundgaard & ship at only €1,465 and if you want to secure a spot at ranging from 28 to 61 metres and 15 Tranberg. storeys high. The total area is 40,200 In the ultimate centre of Copenhagen, sq m, distributed among 23,000 sq m - Axel Towers will be a new iconic only a 1 minute’s walk from the Town above ground and a 17,200 sq m base- landmark for Copenhagen’s downtown Hall Square and right across the street ment. The whole project is to be ready core. Axeltorv was once best known as

PHOTO: EJENDOMSSELSKABET NORDEN in 2016. the location of Scala, a run-down and now demolished retail complex. In its Most of the space will be offices. The place, Copenhagen will be getting a new rest will be a combination of retail and urban space and gathering place for leisure while the basement will be a new business of international caliber which parking garage. aims to measure up to business districts JOIN ESTATE MORE CLUB NOW AT in cities like Paris and London, states the Three of Denmark’s biggest instituti- description of the project. WWW.ESTATEKONFERENCE.DK/MORE

The tier1-heavy Danish law firm Gorrissen Federspiel is taking 19,000 sq m in the new office towers in Central Copenhagen. PAGE 62 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 COPENHAGEN REGION

RÆKKEHUSENE SKOVBÅNDET

NEW MASTERPLAN: OPENS UP FOR 300,000 SQ M OF HOUSING

The demand for housing is skyrocketing in Copen- - We would like to make Ørestad an hagen and Ørestad Syd, a Copenhagen develop- even more obvious choice for families. Alongside the increased demand for ment area, has just been given the green light to housing, we are also witnessing demand for a wide variety of housing types, and plan for more. especially townhouses and townhouse like developments which have increased HOVEDGADEN in popularity in recent years. For By & Ørestad is one of Copenhagen’s biggest during a period of economic growth, Havn, it is natural to combine a success PROMENADEN development areas. About 20 years ago, when demand for housing and commer- with a trend. We would like to hold onto the area began evolving from an empty cial land was about equal. Today, the the families that already live in Ørestad field to a whole new district. The plan for housing market is the more dynamic of Syd and also be in a position to offer an the area included a mix of housing and the two, so the new plan has room for a even broader array of housing types, business but with housing demand going greater share of housing. says Jens Kramer Mikkelsen. through the roof and the Copenhagen population growing by 1,000 people a - We believe that Ørestad Syd will The competition area is approximately month, the development firm Copen- achieve better cohesion if it gets a little 175,000 sq m and By & Havn’s plans hagen City & Port Development, By & heavier on the housing side than the will be brought to life by the Danish Havn, which is responsible for plot sales, original local plan for Ørestad Syd had architect firm Transform and the con- has now changed the plan to allow for provisions for. The existing local plan is a sultants Bascon which won the project the construction of more housing. In No- robust document and functions very well competition. KARREERNE vember 2014, a residential area became but it was created during an economic the result of an all new masterplan with upswing, at a time when both housing Even though the plan’s development pat- room for up to 300,000 sq m. and commercial construction were tern only includes two types of housing, booming. What we are seeing now is the the area’s three neighbourhoods will

- The dynamic in Ørestad Syd is incredi- two sectors peaking simultaneously but stand out on their own with major diffe- ILLUSTRATION: BY & HAVN, TRANSFORM APS, BASCON A/S ble and we are seeing huge demand for a more dynamic housing market. This is rences and strong individual identities. Asger Jorns Allé runs east-west from Vestamager metro station towards the open common. The first part of this pedestrian street is being residential plots in the area. Of course, one of the reasons, why we would like to It is a structural plan with a simple basic considered for development with adult sports facilities. These will appeal to local residents and visitors from other neighbourhoods. Further we want to hold onto this momentum, adjust the original local plan, says Jens structure but with many possibilities for down the street, the focus will be on sports and physical activities for children, while the stretch of road farthest to the west where traffic is which is why we launched an interna- Kramer Mikkelsen. variations and distinct neighbourhoods calmest will be for small children. tional competition to make sure that Ørestad Syd remains entirely cohesive Approximately 1,800 people currently - Gorgeous, competent and very different that want to live in a city environment Frank Jensen is just as thrilled with the people can benefit from the fabulous na- in the north-south direction. The land to live in Ørestad Syd. Among them are a proposals took part in the competition with easy access to Copenhagen City but winning proposal: ture in the area. I am also happy that the the south has been developed and to the host of families with small children that but I am happy to see that the winning still benefit from the fresh air and wide winning project is robust and ensures north as well but there is still room to choose Ørestad Syd and cite the combi- proposal keeps the original robust open spaces right outside their door. The - Copenhagen is growing rapidly these that different types of housing will be build in the central part of Ørestad Syd, nation of spectacular natural surround- structure of Ørestad Syd while adding plan is a good foundation for the new days and we need to have housing for available to Copenhageners. An exciting according to CEO Jens Kramer Mikkelsen, ings at Kalvebod Fælled, interesting, new details and new housing types to wave of development in Ørestad, says the many new Copenhageners. Ørestad project that will make it entirely possible By & Havn. maintenance-free architecture and close the neighbourhood. I am certain that the CEO Jens Kramer Mikkelsen, By & Havn. Syd is surrounded by lots of nature and to live an active lifestyle, says Lord May- The existing local plan for Ørestad Syd proximity to downtown Copenhagen as new plan will ensure that Ørestad Syd the potential to build new and exciting or of Copenhagen, Frank Jensen. operates with a 40/60 distribution of the main reason. will grow to be an even more attractive Not only By & Havn is excited about neighbourhoods. I am really happy that housing and business and was created neighbourhood for Copenhagen families the project. Copenhagen’s Lord Mayor we can build even more housing so more

PAGE 64 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIAN PROPERTY MAGAZINE | PAGE 65 THAT CALLS FOR A…

The first 120 apartments in the Carlsberg up for sale, Søren Felden, commercial City District are expected to be ready for director of Carlsberg Byen P/S. occupancy in 2017. View from one of the The Development Company CITY DEVELOPMENT apartments. From the 8th to the 29th floor, the tower Carlsberg Byen P/S will house apartments from between 138 to 190 sq m, while the lower floors The Carlsberg City District is owned and developed by City of Copenhagen and Realdania, the will be occupied by a school, Professi- the development company Carlsberg Byen P/S, which Novo Nordisk Fund, the Nordea Fund onshøjskolen UCC, two supermarkets was established on May 1 2012 by a consortium and Industriens Fund which together are and 20 other shops. consisting of Realdania, which is a foundation that grew contributing a good €40 million to the out of a mortgage credit association, Carlsberg Brewe- project while the City of Copenhagen has Bohrs Tårn is the first of a total of nine ries, pension groups PFA Pension and PenSam, and the allocated €20 million. tower blocks of between 50 to 120 insurance firm Topdanmark Ejendom. meters in height which will create The - It is fabulous news for all of Copenha- Carlsberg City District’s characteristic The Carlsberg City District is on the grounds of the gen. Europaskolen will help attract hig- skyline. The towers and the historical former brewery site of world-famous Carlsberg. hly educated foreign workers. It is such buildings from the time the area served a thrill that thanks to the generosity of as a brewery will stand side by side. four funds and the City of Copenhagen’s Once The Carlsberg City District is fully own contribution we have the financing developed, it will comprise just short of we need, says Lord Mayor Frank Jensen. 600,000 sq m of mixed buildings, includ- ing approximately 3,000 housing units, The goal is to make Copenhagen more a variety of retail offerings, cultural attractive for a broad target group of activities, restaurants, cafés, company international workers—including medi- domiciles, offices, businesses, sporting um-income groups like ph.d students, facilities and child care facilities. computer programmers, engineers, archi- PHOTO: BYEN CARLSBERG tects and more—which traditionally have Architect firm Entasis’ master plan is inspired by the qualities of historic city centres. Reflecting this, the City District not been able to pay for the relatively will consist of densely built buildings; charming spaces and squares; narrow streets and alleys combined with open expensive existing international schools. green parks; and nine apartment towers ranging from 50 to 120 metres in height. The new buildings will be arranged with retailers at ground level, while offices, institutions and private apartments will occupy the upper floors. This March, the first 120 housing units will be put on the market. 88 of these apartments are located from the 8th to it will comprise 600,000 sq m of floor around 4,500 mainly underground the 29th floor in the new tower called The Carlsberg City District, Carlsberg space divided into private residences, parking spaces, a new modern commuter Bohrs Tårn, which with its height of 100 Byen, is being developed on the for- retail and business premises as well railway station, Carlsberg Station, and meters offers future residents an impres- as cultural, sporting and educational a new metro station at Enghave Plads, sive view of the capital. The apartments mer brewery site of Carlsberg. venues. which is only a few hundred metres from in Bohrs Tårn start at €850,000, while the neighbourhood. Furthermore, a web the most expensive will be more than €2 An ambitious project that is now The site, which has over 160 years of of bike lanes will provide quick and safe million. history, is today part of Danish cultural transport for the district’s many cyclists. taking shape and includes a heritage. Indeed, it is a very beautiful And that is the starting shot for the first area, not least because it is home to The first projects in the area are now of a total of 3,000 housing units in the European School many of Copenhagen’s architectural under way and one of them is the new district. treasures. Europaskole, European School, which Over the next 10-15 years, the develop- will make Copenhagen an even more - We are looking forward to kicking off ment company Carlsberg Byen P/S will Consequently, many are either listed or attractive location for businesses. The sales because it will bring The Carlsberg develop a new city district on a former worthy of preservation. The master plan deadline to submit offers for the con- City District into a new and exciting Carlsberg brewery site in the heart of for the Carlsberg City District was creat- tract to build the school is in March. In phase. Now we need to initiate a the Danish capital. ed by the Danish architects Entasis. In autumn 2014, Copenhagen achiev- dialogue with the residents who will be 2009, it was awarded the prize for ‘Best ed one of its most ambitious goals: to living in the area in the future. Our vision The vision is to create a diverse, vibrant Master Plan in the World’ at the World ensure that international employees is to create a varied and animated di- and sustainable city district which will Architecture Festival in Barcelona. would want to locate in Copenhagen. The strict with housing of high craftmanship be attractive to businesses, residents Europaskole with room for 900 pupils and architectural quality and this is defi- and visitors for years to come. Once Transport-wise, Carlsberg City District will be built in The Carlsberg City District nitely something we have achieved with the first 120 units we are now putting Carlsberg City District is fully developed will be well catered for. There will be thanks to an agreement between the CARLSBERG BYEN PHOTO:

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OPTIMISTIC RETAIL MARKET PHOTO: OSKAR KONSTANTYNER. KONSTANTYNER. OSKAR PHOTO: Valentino and Balenciago are two of the luxury brands that have recently opened their doors in one of Copenhagen’s most fashionable locations. Cohesiveness and luxury brands are the key words One of the decisive moments in 2014 was when the Italian department store in retail in 2015 chain la Rinascente, following major in- vestments in the department store Illum, make its way to Denmark and add money of the four Nordic countries, can make for and that things can only move forward, set its mark on the market with its new to optimize the value of their rental units. an attractive partner for a chain which even if the steps are small, says Marcel The Danish capital Copenhagen is cur- - The retail market in Denmark is deve- in-house luxury brands established as So, in addition to what is already tran- decides to enter the Nordic market. But it Kokkeel. rently witnessing massive demand for loping in an increasingly international flagship stores on Illum’s ground floor. spiring with e.g. Illum, we will also see is not that easy in Denmark because international luxury brands. direction. Interest is up from interna- the development of some really gorgeous there are not a lot of malls for sale Big ambitions and baby steps tional brands wanting in on the market, - I am completely convinced that more properties with international tenants and the market is dominated by a few Citycon is not expecting rapid growth in says CEO Ole Hammershøj from property luxury brands will take notice of Copen- who are willing to foot the bill, says Stig big players, says CEO Marcel Kokkeel, Denmark consultant CBRE. hagen and will dominate the market in Dørler. Citycon. 2015. A delay is inevitable because the - We will grow bit by bit, starting in the rental units international brands are One investor who is eager to buy in For Citycon, Albertslund Centrum is a Copenhagen area. We are well aware that looking for simply aren’t available at this Denmark in 2015 is the Nordic shopping small mall. Last year, Citycon purchased there probably won’t be a shopping mall - Over time, the presence of international point. But once they are, the internatio- mall giant Citycon. So far, Citycon has the Swedish mall Kista with its 90,000 sq of the same scale as Kista in Stockholm owners will mean that the right solutions nal brands will probably move right in bought Albertslund Centrum and a big m, and the company is hungry for more for sale in Copenhagen so we will take will have better conditions, says Stig Dørler, and this will create pressure on rents in development in Køge, but if opportunity than the, to date, 36 shopping malls and baby steps. Our dream is to have full owner of the property agency Absalon & Co. the surrounding areas over the next few knocks, the Finnish investor would very 31 other retail properties which makes Nordic coverage and thereby become the In 2014, the British company Cordea Savills years, according to Ole Hammershøj. much like to expand its portfolio. it number 1 in Finland and Estonia, the best choice for international chains as purchased, among other things, this building market leader in Sweden and well on its partners, but we are not there yet, says

PHOTO: OSKAR KONSTANTYNER. on Strøget in Copenhagen with the luxury A number of properties on Copenhagen’s - In the Nordic countries, there is an way in Denmark and Lithuania. Marcel Kokkeel. brand Birger Christensen on its ground floor. famous pedestrian street Strøget were average of 35 per cent fewer internatio- Capital Investment, the property’s asset sold to international investors in 2014. nal retailers than in other markets. Our - There is a really good feeling in the Other major shopping mall owners in manager, expects to purchase for an additi- strategy is to be a Nordic shopping mall retail industry these days – a definite un- Denmark include: Klepierre, pension fund onal €400 million in 2015 for international - In 2015, a wave of capital funds will owner which, with its massive coverage derstanding that the worst is behind us Danica and the property firm Dades. n investors.

PAGE 70 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIAN PROPERTY MAGAZINE | PAGE 71 BRANCHE BRANCHEGUIDE BRANCHE DEN DIREKTE VEJ TIL BRANCHENS FIRMAER OG NØGLEPERSONER

GUIDE COMMERCIALREAL ESTATE ADVISORY GUIDE Estate Magasins brancheguide giver dig en oversigt over virk­somheder, organisationer og Brancheguiden er også tilgængelig 24/7 på www.estatemedia.dk, hvor EY foreninger i den danske bygge- og ejendomsbranche på tværs af de sædvanlige brancheskel. du også altid kan se, hvordan du kommer med. Osvald Helmuths Vej 4, Postboks 250, 2000 Frederiksberg CBRE A/S Det unikke ved guiden er, at du nemt og hurtigt kan orientere dig om, hvem de relevante Skriv til Michael Mortensen på [email protected] eller ring på Tlf.: 73 23 30 00 kontaktpersoner er. tlf. 28 34 03 19 og få mere at vide om optagelse i brancheguiden. Rued Langgaards Vej 6-8, 2300 København S Kontakt: Henrik Reedtz, State Authorized Public Tlf.: 70 22 96 01 Brancheguiden udkommer som en del af Estate Magasin 6 gange om året. Accountant/Partner Kontakt: Niels Cederholm, Managing Director, MRICS, LL.M Email: [email protected] Email: [email protected] Web: www.ey.com/DK/da/Home Web: www.cbre.dk Investment, Agency, Valuation, Corporate Services, Building Consultancy, Asset ARCHITECTS ASSET MANAGEMENT Management. Deloitte Danielsen Architecture Aberdeen Asset Management Weidekampsgade 6, 2300 København S Vestergade 2B, 4. sal., 1456 København K Tlf.: 36 10 20 30 City & Center Property A/S Strandvejen 58, 2., 2900 Hellerup Østergade 4, 1100 København K Tlf.: 33 32 32 37 Tlf.: 33 44 40 00 Kontakt: Thomas Frommelt, Partner Tlf.: 70 70 72 42 Kontakt: Malin Meyer & Kasper Danielsen Kontakt: Eva Riedel, Head of Communications and Marketing Email: [email protected] Kontakt: Peter Mahony, CEO, partner, Email: [email protected] Email: [email protected] Web: www.deloitte.com Certified Real Estate Agent, valuar, cand. geom. Email: [email protected] Web: www.aberdeen-asset.dk Deloittes eksperter yder uafhængig, forretningsorienteret Email: [email protected] Web: www.danielsenarch.com Aberdeen is the largest asset manager i Europe and conducts property management rådgivning om fast ejendom. Web: www.cc-p.dk Tværfagligt firma – arkitektur og space planning. Værdiskabende arkitektur med globally. mennesket i centrum. City & Center Property er et uafhængig erhvervsejendomsmæglerfirma, som leverer Kallermann Revision A/S ydelser indenfor: salg, udlejning, udvikling, og vurdering af erhvervsejendomme i DEAS Property Asset Management A/S - statsautoriseret revisionsfirma • Kallermann Revision A/S • city- & centerområder. Kunstner Lina Murel Jardorf T LINA Dirch Passers Allé 76, 2000 Frederiksberg Stationspladsen 3, 3000 Helsingør Atelier Æbleblomst Gård, Kollerød Bygade 36, 3450 Allerød Tlf.: 49 21 87 00 TIS MUREL Tlf.: 70 30 20 20 Tlf.: 23 99 18 99 Colliers International Danmark A/S

AR Kontakt: Christian Melgaard, Kontakt: Peter Kallermann JARDORF Gammel Kongevej 60, 1850 Frederiksberg C Kontakt: Lina Murel Jardorf Vice President, Property Asset Management Email: [email protected] Tlf.: 70 23 00 20 Email: [email protected] Email: [email protected] Web: www.kallermann.dk Kontakt: Peter Lassen, COO & Partner, Web: www.linasmil.dk Web: www.deas.dk We service Danish and international clients from our domicile in Elsinore. We work Commercial Real Estate Agent, Valuer, MRICS Unikke bronzeskulpturer og malerier til store og små virksomheder og domiciler We are FAIF-approved by the Danish Financial Supervisory Authority and increase hard to be the best discussion partner for those clients who choose to employ us Email: [email protected] kendt fra udsmykninger hos Sjælsø Gruppen, Danske Leasing, Deloitte og mange property values for our customers by proactively developing and optimising opera- and our experience within the real estate business. Web: www.colliers.dk andre. tions and returns. Advisory services, sale, lease, investment, valuation, analysis. Five offices in KPMG Denmark. SIGNAL arkitekter aps Keystone Investment Management A/S Amerika Plads 38, 2100 København Ø Århusgade 88, 2.sal, 2100 København Ø Havnegade 39. 1058 København K Tlf.: 52 15 00 25 DAL Erhvervsmægler Tlf.: 35 29 30 70 Tlf.: 33 29 99 60 Kontakt: Michael Tuborg, Head of Real Estate Forbindelsesvej 12, 2100 København Ø Kontakt: Gitte Andersen, Managing Partner Kontakt: Morten Schultz, Partner, MD Email: [email protected] Tlf.: 70 30 05 55 Email: [email protected] Email: [email protected] Web: www.kpmg.com/global/en/pages/default.aspx Kontakt: Hans Dal Pedersen, CEO, Real Estate Agent Web: www.signal-arki.dk Web: www.keystoneim.dk Email: [email protected] Strategic consulting services – strategy, Space & people. We serve as partners for professional investors in Denmark and enhance the quality Web: www.dal.dk of our clients assets. We have years of experience in asset management and a PwC DAL Erhvervsmægler er specialiseret i salg, udlejning og vurdering af er­ proven track-record. Strandvejen 44, 2900 Hellerup hvervslejemål og erhvervsejendomme i København og hovedstadsområdet. SKALA Arkitekter Tlf.: 39 45 39 45 Adelgade 17, 5. sal – 1304 København K Kontakt: Jesper Wiinholt, Partner Tlf.: 26 78 68 26 Kristensen Properties A/S Email: [email protected] danbolig Erhverv Kontakt: Oliver Grundahl, Partner Vesterbro 18, 9000 Aalborg Web: www.pwc.dk Johnny Hallas P/S Email: [email protected] Tlf.: 70 22 88 80 Revision. Skat. Rådgivning. 18 kontorer i Danmark, industrividen inden for bl.a. Helsingørgade 41 A, 3400 Hillerød Web: www.skala-ark.dk/ Kontakt: Michael Schmidt, Director ejendomsbranchen. Tlf.: 70 22 85 95 Overskud - Indsigt - Samarbejde Email: [email protected] Kontakt: Johnny Hallas, HD, Partner, Real Estate Agent Web: www.kristensenproperties.com Email: [email protected] Experienced Fund & Asset Manager, who operates internationally in the Scandinavi- REDMARK aarhus arkitekterne a/s Web: www.danbolig.dk an, UK and German markets. Statsautoriseret Revisionspartnerselskab Europaplads 16, 8100 Aarhus C Salg, vurdering og udlejning med den enkelte kunde i centrum. Tlf.: 87 31 68 05 Dirch Passers Allé 76, 2000 Frederiksberg Kontakt: Tommy Falch, CEO, Partner Northern Horizon Capital A/S Tlf.: 39 16 36 36 Kontakt: Connie Søborg Hansen, State Authorized Public Accountant/Partner Email: [email protected] Christian IX's Gade 2, 2, 1111 København K danbolig Erhverv København Email: [email protected] Web: www.aa-a.dk Tlf.: 33 69 07 33 Dronningens Tværgade 26, 1302 København K Web: www.redmark.dk Vi udvikler vores projekter i tæt dialog med kunden og sikrer, at resultatet skaber Email: [email protected] Tlf.: 70 22 85 95 Our clients are our primary focus and we are always working to create added value værdi. Web: www.nh-cap.com/locations/copenhagen.aspx Kontakt: Torben Lund, Partner, Real Estate Agent in the assignments we carry out in cooperation with our clients. We provide audit, Førende nordisk forvalter af ejendomsinvesteringer med lokale teams i Norden, Email: [email protected] accounting services and advice to the real estate industry. With us by your side, Baltikum, Rusland, Polen og Tyskland. Web: danbolig.dk/Erhverv/FindDinMaegler/Butik/Kobenhavn/ Årstiderne Arkitekter A/S you get qualified and committed advice. Salg, vurdering, udlejning, rådgivning, ejendomsoptimering, og Ravnsborg Tværgade 5c, 3. sal, 2200 København N investeringsejendomme BUILDING SAFETY Tlf.: 70 24 21 00 AUDITING AND ADVISORY Kontakt: Mikkel Westfall, Partner Dahmlos Security Email: [email protected] Baker Tilly Statsautoriseret Hammershusvej 58, 4.th, 8210 Aarhus V Web: www.aarstiderne.dk Revisionsaktieselskab Tlf.: 23 31 80 70 Vi skaber innovative og bæredygtige løsninger indenfor LIVING, WORKING og Nimbusparken 24, 2.sal, 2000 Frederiksberg C Kontakt: Jakob Dahmlos, CEO SHOPPING Tlf.: 33 45 10 00 Email: [email protected] Kontakt: Ramazan Turan, State Authorized Public Accountant Web: www.dahmlos-security.eu Email: [email protected] Dahmlos Security et vagt og sikkerhedsfirma med fokus på bygge- og ejendoms- Web: www.bakertilly.dk branchen. An advisory and accountancy firm with focus on the real estate industry. PAGE 72 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIEN PROPERTY MAGAZINE | PAGE 73 BRANCHE BRANCHE

danbolig Projektsalg København Jytte Bille Erhverv ApS Thorkild Kristensen H. Nielsen & søn as Lillemarken 4, 4700 Næstved GUIDE Dronningens Tværgade 26, 1. sal, 1302 København K Tlf.: 20 28 22 55 Hasserisvej 143, 9000 Aalborg GUIDE Tlf.: 32 83 06 10 Kontakt: Jytte Bille, CEO, Real Estate Agent Tlf.: 96 31 60 00 Tlf.: 55 72 50 27 Kontakt: Alice Lotinga, CEO, Partner Email: [email protected] Kontakt: Peter Fredberg, Partner Kontakt: Bent Hartmann, CEO Email: [email protected] Web: www.jyttebille-erhverv.dk. Email: [email protected] Email: [email protected] Web: www.danbolig.dk/Erhverv/FindDinMaegler/Butik/projektsalg-kobenhavn/ Web: www.thorkild-kristensen.dk Web: www.hns-as.dk Renovering, vedligehold og servicearbejde. Murer, kloak og tømrer/snedker arbejder. Vi har mange års erfaring i projektsalg, aptering, materialer/valg, indretning mm. La Cour & Lykke Uafhængig statsautoriseret mægler MDE. Specialister I salg af La Cour & Lykke investeringsejendomme. Vingårdstræde 13, 1070 København K DEAS Erhverv Tlf.: 33 30 10 50 H.K. Byg Entreprise A/S Kontakt: Kristian Hartmann, Head of Department Wismann Property Consult A/S Dirch Passers Allé 76, 2000 Frederiksberg WPC A/S Stamholmen 157, stuen, 2650 Hvidovre Tlf.: 70 30 20 20 Email: [email protected] Åboulevard 1, st., 1635 København V Tlf.: 32 51 18 20 Kontakt: Bettina Lange, Vice President, Web: www.ll.dk Tlf.: 40 88 19 98 Kontakt: Jens Skovlunde, Partner DEAS Commercial Real Estate LA COUR & LYKKE has for more than 50 years provided quick and secure Kontakt: Lars Wismann, CEO, Real Estate Agent Email: [email protected] Email: [email protected] dissemination of commercial property in Copenhagen. Every year we ensure that Email: [email protected] Web: www.hk-bygentreprise.dk Web: www.deaserhverv.dk more than 150 businesses relocates to new premises.. Web: www.wismann-as.dk HK BYG Entreprise vedligeholder, renoverer og ombygger byen. We ensure our customers the best advisory services with regard to the letting, Akademisk veldokumenteret arbejdsmetode. Uafhængig af DE, ejd. mgl. snikke-snak valuation and purchase and sale of commercial and investment properties.. og tomme skønsrapporter til opskruede priser. Speciale valuarvurderinger, skønsrap- Lintrup & Norgart A/S porter, lejevurderinger, A/B foreninger, K/S sager. Århusgade 88, 2100 København Ø Hoffmann A/S Fabriksparken 66, 2600 Glostrup DN Erhverv A/S Tlf.: 70 23 63 30 Tlf.: 43 29 90 00 Strandvejen 60, 5.sal, 2900 Hellerup Kontakt: Stig Lintrup, Partner, CEO CONSULTING Kontakt: Torben Bjørk Nielsen, CEO Tlf.: 70 26 82 62 Email: [email protected] Email: [email protected] Kontakt: Thomas Ruhoff, CEO, Real Estate Agent Web: www.linor.dk ALECTIA A/S Web: www.hoffmann.dk Email: [email protected] Lease and sale of office buildings, luxurious properties, property development, Teknikerbyen 34, 2830 Virum Den løsningsorienterede partner. Web: www.dn-erhverv.dk warehouse- and investment properties.. Tlf.: 88 19 10 00 Erhvervsmægler med speciale i rådgivning vedr. køb og salg af investeringsejen- Kontakt: Per Christensen, CEO domme. Email: [email protected] Lund & Lindhardt ApS Web: www.alectia.com INTERN A/S Store Kongensgade 34, 1264 København K ALECTIA arbejder tværfagligt med at skabe bæredygtige løsninger til udvalgte Skovlytoften 2, 2840 Holte DTZ Egeskov & Lindquist A/S Tlf.: 72 17 00 85 brancher. Tlf.: 45 41 23 00 Silkegade 8, 1113 København K Kontakt: Regitze Lund, Partner, Real Estate Agent Kontakt: Niels Henrik Rasmussen, CEO Tlf.: 33 14 50 70 Helle Lindhardt, Partner, Real Estate Agent Email: [email protected] Kontakt: Henrik Lyngskjold, Senior Director, Senior Partner, Email: [email protected] COWI A/S Web: www.intern.dk MRICS, MSc (Business Econ.), Estate Agent, MDE. Web: www.lundlindhardt.dk Parallelvej 2, 2800 Kgs. Lyngby INTERN udfører nyindretning/ombygning af erhvervslejemål i Email: [email protected] Salg, udlejning og veldokumenterede vurderinger af erhvervsejendomme samt Tlf.: 45 97 22 11 total- og hovedentreprise. Web: www.dtz.dk rådgivning i forbindelse hermed. Kontakt: Steffen Gøth, Senior Vice President Investment, Agency & Brokerage, Occupier Services, Valuation, Research, Project Email: [email protected] Development Consultancy. Web: www.cowi.dk Moos Byggeri A/S Metropol Erhverv I/S COWI is an internationally leading advisor within project management consultancy, Hasserisgade 38, 9000 Aalborg Lærkevej 15E, 2400 København NV engineering and sustainability. Tlf.: 70 20 71 10 EDC Erhverv Poul Erik Bech Tlf.: 72 31 20 00 Kontakt: Martin Risager, Partner, Real Estate Agent Kontakt: Steffen Moos, CEO Bremerholm 29, 1069 København K Email: [email protected] Tlf.: 33 30 10 00 Email: [email protected] Web: www.metropolerhverv.dk CONTRACTING Web: www.moos-byggeri.dk Kontakt: Robert Neble Larsen, CEO Moos A/S udfører total- og hovedentreprise fra idéfase til nøglefærdig Email: [email protected] Independent real estate agency, specialized in business related properties. C.C. Brun Entreprise A/S aflevering. Web: www.poulerikbech.dk/erhverv Ravnstrupvej 67, 4160 Herlufmagle EDC Erhverv Poul Erik Bech are specialists within the field of sale, rental, valuation Nybolig Erhverv København A/S Tlf.: 57 64 64 64 and advice regarding commercial properties. We are represented nationwide with Vester Farimagsgade7, 3. sal, 1606 København V Kontakt: Kristian Lind, CEO NCC Construction Danmark A/S 15 offices.. Tlf.: 33 64 65 00 Email: [email protected] Østmarken 3B, 2860 Søborg Kontakt: John Lindgaard, CEO, Real Estate Agent Web: www.ccbrun.dk Tlf.: 39 10 39 10 Email: [email protected] EDC Projekt Poul Erik Bech Email: [email protected] Siden 1947 – er professionel aktør i byggebranchen, med spids­kompetence i Web: www. nyboligerhverv.dk råhusbyggeri. Web: www.ncc.dk Bremerholm 29, 1069 København K We develop and build sustainable environments for working and living. Tlf.: 33 30 10 00 Investering - Salg/Udlejning - Vurdering - Rådgivning - Analyse Kontakt: Kenneth Nielsen, project director – Capital Markets. Email: [email protected] Enemærke & Petersen A/S Preben Hockerup A/S Web: www.poulerikbech.dk RED Property Advisers Ole Hansens Vej 1, 4100 Ringsted Finlandsgade 15, 4690 Haslev We advise our clients throughout the entire property value chain: From develop- Amaliegade 3, 5. sal, 1256 København K Tlf.: 57 61 72 72 Tlf.: 56313089 / 25192619 ment of projects, to the final stage of multiple selling and letting of homes of newly Tlf.: 33 13 13 99 Kontakt: Søren Faebo Larsen, Head of Markets Kontakt: Henrik Hockerup Keller, CEO constructed and rebuilt properties. Kontakt: Bjarne Jensen, MDE, MRICS Email: [email protected] Email: [email protected] Email: [email protected] Web: www.eogp.dk Web: www.preben-hockerup.dk Web: www.red.dk Mennesker, der bygger for mennesker. Preben Hockerup A/S offers environmentally friendly demolition, including removal Our core skills are sale of Danish and foreign investment properties, equity of PCB, Asbestos and Lead. GaardeErhverv A/S financing, office letting, valuations including portfolio valuations, analysis services Dybensgade 6, 1071 København K and retail services.. HHM A/S Tlf.: 70 20 47 11 Bragesvej 4, 3400 Hillerød Kontakt: Thor Heltborg, CEO Tlf.: 22 70 70 11 Email: [email protected] Kontakt: Svend Pedersen Web: www.gaarde.dk Email: [email protected] GaardeErhverv tilbyder udlejning, salg og vurdering af fast ejendom for virksomhe- Web: www.hhm.dk der samt rådgivning om investering i både bolig- og erhvervsejendomme. HHM – nybyg, renovering, service – det naturlige valg

PAGE 74 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIEN PROPERTY MAGAZINE | PAGE 75 BRANCHE BRANCHE

DEVELOPER ADVISORS DEAS Facility Services MagniPartners Jordan | Løgstrup Advokatpartnerselskab GUIDE BYR GRUPPEN A/S Dirch Passers Allé 76, 2000 Frederiksberg Dr. Tværgade 4A, 1302 København K 33, 1620 København V GUIDE Vermlandsgade 51 2. sal Tlf.: 70 30 20 20 Tlf.: 24 82 98 74 Tlf.: 33 25 54 00 2300 København S Kontakt: John Rohde, Vice President, Facility Services Kontakt: Jens Erik Gravengaard, Partner Kontakt: Henriette Jordan, attorney at law & partner Tlf.: 70 26 22 42 Email: [email protected] Email: [email protected] Email: [email protected] Kontakt: Rasmus Storgaard, CEO & client advisor Web: www.deas.dk Web: www.magnipartners.dk Web: www.stenohus.dk Email: [email protected] We guarantee reliable operation of all types of properties, with services such as Finance boutique focusing on advisory within financing, financial solutions and real Offers professional property management of all types of properties. We see poten- Web: www.BYR.dk cleaning, upkeep of green areas and technical facilities, snow clearing, and operation estate. tials and exerts a professional and comprehensive consulting in everything we do. Building consultancy with the following specialties: Strategic and value-adding of reception and canteen services. client consulting, construction management, technical due diligence, project devel- opment and risk management. Situs Kristensen Properties A/S Ejendomsvirke A/S 39-41, 1560 København V Vesterbro 18, 9000 Aalborg Hirsemarken 3, 3520 Farum Tlf.: 33 44 94 44 Tlf.: 70 22 88 80 DEAS Tlf.: 44 34 21 20 Kontakt: Peter Lilja, Managing Director Kontakt: Jakob Venø Schougaard, Director Dirch Passers Allé 76, 2000 Frederiksberg Kontakt: Bent Amsinck, CEO Email: [email protected] Email: [email protected] Tlf.: 70 30 20 20 Email: [email protected] Web: www.situs.com Web: www.kristensenproperties.com Kontakt: Kristian Kongstad, Web: www.ejendomsvirke.dk Advisory and outsourcing solutions for commercial real estate lenders and inve- Experienced Fund & Asset Manager, who operates internationally in the Scandinavi- Vice President, Construction Consulting Facility Management. Vi driver, styrer og forbedrer ejendomme. Individuelle drifts- stors. an, UK and German markets. Email: [email protected] og serviceløsninger tilpasset den enkelte kunde. Web: www.deas.dk FINANCING We offer client consulting, technical building consulting and project management LEA Ejendomspartner as services for all types of properties, ensuring optimum solutions for customers in Green Tech FM Kobbervej 8, 2730 Herlev Nordea Bank Denmark A/S both the short and long term. Oehlenschlägersgade 9, 4200 Slagelse Tlf.: 44 57 03 40 Tlf.: 22 98 31 44 - Corporate Banking Kontakt: Bent Kandborg Kristensen, CEO Kontakt: Martin Nordly Vesterbrogade 8, 900 København Email: [email protected] Drees & Sommer Nordic A/S Email: [email protected] Tlf.: 33 33 15 23 Web: www.lea.dk Wildersgade 10 B, 2. sal, 1408 København K Web: www.greentechfm.com Kontakt: Christian Jensen, Head of Corporate Banking Department - Real Estate LEA Ejendomspartner tilbyder ejendomsadministration samt drift af alle typer af Tlf.: 45 26 90 00 Optimering af ejendomsdrift, færre omkostninger, øget brugsværdi. Auditor/ISO. Email: [email protected] ejendomme. Kontakt: Carsten Hyldebrandt, Head of Department Certificeret og 25 års erfaring. Web: www.nordea.dk/erhverv Email: [email protected] Ejendomsfinansiering samt øvrige daglige bankforretninger. Web: www.dreso.com Salling Ejendomsadministration A/S Drees & Sommer is operating internationally in the fields of Project Management, Jeudan Servicepartner A/S PROPERTY MANAGEMENT Søren Frichs Vej 38A, 1. sal, 8230 Åbyhøj Construction Management, Real Estate Consulting, Engineering and Due Diligence. Valhøjs Allé 158, 2610 Rødovre Administrea aps Gammel Kongevej 11, stuen, 1610 København V Din radiatormålerTlf.: 70 10 60 70 “taler” til dig Hørkær 26, 2730 Herlev Tlf.: 70 23 00 78 Kontakt: Peter Spøer, CEO Tlf.: 44 25 00 15 Kontakt: Michael Salling, CEO Promana Bygningsrådgivning - derfor kan du nemt og billigt energioptimere dine Email: [email protected] Kontakt: Gitte Krigbaum, CEO Email: [email protected] Kobbervej 8, 2730 Herlev ejendomme, dermed spares CO Web: www.jeudan.dk 2 Christian Dam-Bertelsen, COO Web: www.sadm.dk Tlf.: 70 20 05 80 Jeudan Servicepartner er en service-, håndværker-, entreprenør- og projektvirksom- Email: [email protected], [email protected] Salling Property Management provide property management for more than 600 Kontakt: Morten Quirinus, CEO hed. Vi er i stand til at løse alle tænkelige håndværksmæssige udfordringer – både Web: www.administrea.dk properties geographically spread all over Denmark. We emphasize personal dialogue Email: [email protected] hvis du er Jeudan-kunde, og hvis du ikke• Intelligenteer. fordelingsmålere er forberedt til energi- Specialist in Property Management and Facilities Services. Administrative services with the customerwith focus on service. Web: www.promana.dk optimering - adapterm are of a high standard, together with very close liaison with clients. Promana tilbyder professionel bygherrerådgivning om renovering og vedligeholdelse af alle typer af bolig- og erhvervsejendomme Taurus Ejendomsadministration Green Circle A/S • Sammen med vore kunder, har vi siden 2007, sparet Skovvejen 11, 8000 Aarhus C Kirkebjerg Alle 90, 2605 Brøndby miljøet for over 3.000.000 kg CO CEJ Ejendomsadministration A/S 2 Tlf.: 86 12 20 20 Sandbeck A/S Tlf.: 46 34 20 99 Meldahlsgade 5, 1613 København V Kontakt: Erik Jensen, CEO Kontakt: Thomas Windtberg, CEO Christian II’s Allé 19, 2300 København S • Bliv energirigtig - start med vore radiobaserede Tlf.: 33 33 82 82 Email: [email protected] Email: [email protected] Tlf.: 70 23 50 80 fordelingsmålere - kontakt vor landsdækkende Kontakt: Anne Marie Oksen, CEO Web: www.greencircle.dk Web: www.taurus.dk Kontakt: Chico Sandbeck, CEO service på tlf.: 87 44 77 00 Email: [email protected] Green circle tilbyder fleksible og skræddersyede facility service løsninger. Taurus Ejendomsadministration is a nationwide company that offers property Email: [email protected] Web: www.cej.dk Individual management of all types of properties incl. technical and legal advice. management, property services and rental housing with a focus on cooperation, Web: www.sandbeck.com flexibility and high quality. Strategisk bygherrerådgivning - overblik, beslutningsgrundlag, Techem Danmark A/S koordinering og ledelse. Trindsøvej 7A-B, 8000 Aarhus DATEA LAND SURVEYING Tlf.: 87 44 77 00 Focus på ressourcer Lyngby Hovedgade 4, 2800 Kgs. Lyngby FACILITY MANAGEMENT Kontakt: Per Sahl-Madsen, Head of Sales Tlf.: 45 26 01 02 MØLBAK Landinspektører A/S Email: [email protected] Coor Service Management A/S Kontakt: Flemming B. Engelhardt, CEO Ledreborg Allé 130A, 4000 Roskilde www.techem.dk Web: www.techem.dk Innovative løsninger til fordel for de kommende generationer Email: [email protected] Bregnerødvej 133D, 3460 Birkerød Tlf.: 70 20 08 83 Techem er et af de førende firmaer indenfor radiobaseret forbrugsmåling. Web: www.datea.dk Tlf.: 60 29 88 39 Kontakt: Lars Gjøg Petersen, Chartered Surveyor, CEO Vi ønsker alle vore forretningsforbindelser en Glædelig Jul og et Godt Nytår Skræddersyede løsninger til ejere af alle typer investeringsejendomme, andels- og Kontakt: Torben Jarlholm-Jensen, Vice Precident Email: [email protected] FINANCIAL ADVISORY ejerforeninger. Vi sikrer løsninger, der understøtter vores kunders forretning. Email: [email protected] Ny annonce 2009 220x140 indryk dec..indd 1 24-11-2009 08:02:00 Web: www.molbak.dk Web: www.coor.dk We specialise in: Land Management, Property Rights, Cadastre & Surveying. Breinholt Consulting A/S Med en kundespecifik serviceløsning garanterer Coor en sikker drift og administrati- DEAS on af jeres bygninger og faciliteter. Vendersgade 4, 1. sal, 1363 København K Tlf.: 36 30 80 89 Dirch Passers Allé 76, 2000 Frederiksberg Landinspektørfirmaet LE34 A/S Kontakt: Helle M. Breinholt, Managing Director Tlf.: 39 46 60 35 Energivej 34, 2750 Ballerup Email: [email protected] Kontakt: Henrik Dahl Jeppesen, CEO Tlf.: 77 33 22 86 Web: www.breinholt-consulting.dk Email: [email protected] Kontakt: Lars Vognsen Christensen, Chartered surveyor, Partner Specialists in financial transactions within real estate transactions, -financing, recon- Web: www.deas.dk Email: [email protected] struction and writing prospectuses. We offer property administration, client consulting, letting and Facility Services for Web: www.le34.dk all types of property. With offices in Copenhagen, Aalborg and Aarhus, we cover the We offer tailored geometric, legal and historical data gathering and collation. whole of Denmark.

PAGE 76 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIEN PROPERTY MAGAZINE | PAGE 77 BRANCHE BRANCHE GUIDE GUIDE Landinspektørkontoret a/s Gangsted-Rasmussen Kirk Larsen & Ascanius Vincit Advokater Helsingør – Gilleleje - København Gammeltorv 6, 1457 København K Torvet 21, 6700 Esbjerg Trondhjems Plads 3, 4., 2100 København Ø Tlf.: 49 22 09 86 Tlf.: 33 14 70 70 Tlf.: 70 22 66 60 Tlf.: 70 26 02 64 Kontakt: Kristian Baatrup, Chartered Surveyor, CEO Kontakt: Christian Gangsted-Rasmussen, Attorney, Partner Kontakt: Michael Appel, Attorney, Partner Kontakt: Tina Grønning, Attorney Email: [email protected] Email: [email protected] Email: [email protected] Email: [email protected] Web: www.lspkon.dk Web: www.gangsted.dk Web: www.kirklarsen.dk Web: www.vincitlaw.com Vi rådgiver om opgaver indenfor ejendomsdannelsen og skaber merværdi for din Juridisk/kommerciel specialistrådgivning indenfor alle områder af fast ejendom. Vurdering og beskatning af fast ejendom. Køb, salg og projektudvikling af ejendom- Speciale i fast ejendom i Norden og Tyskland, byggejura, forsikringsret og voldgift. ejendom. me i ind- og udland. Gorrissen Federspiel LAWYERS H.C. Andersens Boulevard 12, 1553 København V Lund Elmer Sandager Winsløw Advokatfirma

Tlf.: 33 41 41 41 Advokatpartnerselskab Gammel Strand 34, 1202 København K Accura Kontakt: Merete Larsen, Partner, Attorney Kalvebod Brygge 39-41 Tlf.: 33 32 10 33 Tuborg Boulevard 1, 2900 Hellerup Email: [email protected] 1560 København V Kontakt: Iben Mai Winsløw, Attorney, Partner Kontakt: Henrik Groos, Partner, Jon Dyhre Hansen, Partner Web: www.gorrissenfederspiel.com Tlf.: 33 30 02 00 Email: [email protected] Tlf.: 39 45 28 00 Legal advice of all aspects of real estate, project development, Kontakt: Steen Raagaard Andersen, Attorney Web: www.winlaw.dk Web: www.accura.dk tenders etc. Email: [email protected] Omsætning af fast ejendom, erhvervslejeret, entrepriseret og planret. Email: [email protected] - [email protected] Web: www.lundelmersandager.dk ACCURA is a leading Danish law firm advising on Real Estate & Property Law. Vi yder specialistrådgivning indenfor fast ejendom, development og entreprise. PROPERTY INVESTMENT Hjulmands & Kaptain Briggen Danmark A/S Bech-Bruun Badehusvej 16, 9000 Aalborg Mazanti-Andersen Korsø Jensen Roskildevej 22, 2620 Albertslund Alle 35, 2100 København Ø Tlf.: 70 15 10 00 AdvokatPartnerselskab Tlf.: 72 34 46 00 Tlf.: 72 27 35 67 Web: www.hjulmandkaptain.dk Amaliegade 10, 1256 København K Kontakt: Jeanette Rosenberg, Head of Real Estate Kontakt: Torben Schøn, Attorney Igennem en årrække en af de dominerende rådgivere med solid erfaring indenfor Tlf.: 33 14 35 36 Email: [email protected] Email: [email protected] alle grene af ejendoms- og bygge- og anlægssektoren – til gavn for både danske og Kontakt: Claus Høxbro, Partner Web: www.briggen.dk Web: www.bechbruun.com udenlandske klienter. Bjarke Sanbeck, Partner Briggen ejer, forvalter, udlejer og udvikler industri-, kontor- og butikslokaler i eks- Bech-Bruun rådgiver inden for alle områder, der vedrører fast ejendom og entrepri- Email: [email protected] pansive områder i Øresundregionen. Velkommen til at kontakte os. se. Horten Advokatpartnerselskab [email protected] Web: www.mazanti.dk Philip Heymans Allé 7, 2900 Hellerup C.W. Obel Ejendomme A/S Bruun & Hjejle Tlf.: 33 34 40 00 We advise in all aspects of the real estate sector to investors, developers, contrac- Vestergade 2C, 1456 København K Nørregade 21, 1165 København K Kontakt: Michael Neumann, Partner, Attorney tors, advisers and financial institutions. Tlf.: 33 33 94 94 Tlf.: 33 34 50 00 Email: [email protected] Kontakt: Torben Black, CEO Kontakt: Søren Damgaard, Partner Web: www.horten.dk Nielsen og Thomsen Advokater Email: [email protected] Email: [email protected] Horten offers tailored advice within real estate, business leases and construction Østbanegade 55, 2100 København Ø Web: www.cwobel-ejendomme.dk Web: www.bruunhjejle.dk law. Tlf.: 35 44 70 20 Significant properties for efficient companies. Bruun & Hjejle yder kvalificeret rådgiving inden for alle områder af fast ejendom. Kontakt: Allan Thomsen, Attorney, Partner Email: [email protected] Homann Advokater Web: www.ntadvokater.dk Calum A/S DELACOUR Amagertorv 11, 1160 København K Specialistrådgivning indenfor fast ejendom, projektudvikling, Vestre Havnepromenade 21, 9000 Aalborg Åboulevarden 11, 8000 Aarhus C Tlf.: 33 34 53 39 transaktion, finansiering, udbud og opførelse samt drift. Tlf.: 29 31 00 00 Tlf.: 70 11 11 22 Kontakt: Gregers R. Lauridsen, Attorney Kontakt: Jakob Nielsen, Attorney, Partner Kontakt: Jakob Axel Nielsen Email: [email protected] Email: [email protected] Email: [email protected] Web: www.homannlaw.dk Web: www.delacour.dk NORDIA Advokatfirma Web: www.calum.dk Vi vil være erhvervslivets foretrukne advokat - også inden for fast ejendom, entre- Østergade 16, 1100 København K CALUM udvikler fast ejendom med fokus på god arkitektur, kvalitet og beliggenhed. Tlf.: 70 20 18 10 prise og udbud. Husen Advokater Kontakt: Søren Sloth, Lawyer (L), Partner DADES Havnegade 29, 1058 København K Email: [email protected] Tlf.: 33 32 26 26 Lyngby Hovedgade 4, 2800 Kgs. Lyngby Danders & More Web: www.nordialaw.com Kontakt: Finn Hasselriis, Attorney, Partner Tlf.: 45 26 01 00 Frederiksgade 17, 1265 København K NORDIA is offering specialized legal advice on all aspects of real estate throughout Email: [email protected] Kontakt: Boris Nørgaard Kjeldsen, CEO Tlf.: 33 12 95 12 the Scandinavian countries. Web: www.husenadvokater.dk Email: [email protected] Kontakt: Tobias Vieth, Partner Specialister i lejeret, entrepriseret, køb/salg, rådgiveransvar og projektudvikling. Web: www.dades.dk Email: [email protected] DADES 'business foundation is to buy and develop shopping centers and Web: www.dandersmore.com Rønne & Lundgren Tuborg Havnevej 19, 2900 Hellerup commercial properties. DANDERS & MORE provides advice on real estate, contract works and financing Jordan | Løgstrup Advokatpartnerselskab hereof. Tlf.: 35 25 25 35 Vesterbrogade 33, 1620 København V Kontakt: Niels Gram-Hanssen, Partner, Attorney De Forenede Tlf.: 33 25 54 00 Email: [email protected] Kontakt: Henriette Jordan, Attorney at law & partner Ejendomsselskaber A/S Focus Advokater P/S Web: www.ronnelundgren.com Email: [email protected] Vestagervej 5, 2100 København Ø Englandsgade 25, 5100 Odense Specialised legal and commercial advice on real estate, transactions, construction Web: www.stenohus.dk Tlf.: 39 29 56 56 Tlf.: 63 14 20 20 law, lease law, development, public procurement and financing. Jordan | Løgstrup offers professional and comprehensive consultancy in both Kontakt: Henrik Jensen, CEO Kontakt: Merete Vangsøe Simonsen, residential and commercial tenancy law, construction and purchase of commercial Email: [email protected] Attorney, Partner properties. Plesner Advokatfirma Web: www.dfe.dk Email: [email protected] Amerika Plads 37, 2100 København Ø Vi udvikler og udlejer ejendomme til bolig og erhverv. Web: www.focus-advokater.dk Tlf.: 33 12 11 33 We provide dedicated advice within business law and we have among other things Kontakt: Peer Meisner, Attorney-at-Law, Partner great experience with purchase and sale of business properties, leasehold / business Email: [email protected] lease and construction law. Web: www.plesner.com The leading commercial real estate team in Denmark

PAGE 78 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIEN PROPERTY MAGAZINE | PAGE 79 BRANCHE BRANCHE

GUIDE Sandbeck A/S GUIDE RENTAL PORTALS Freja ejendomme A/S Green Tech FM Christian II's Allé 19, 2300 København S Tlf.: 70 23 50 80 Gl. Kongevej 60, 1850 Frederiksberg C Oehlenschlägersgade 9, 4200 Slagelse Lokalebasen.dk A/S Kontakt: Chico Sandbeck, CEO Tlf.: 33 73 08 00 Tlf.: 22 98 31 44 Æbeløgade 4, 1., 2100 København Ø Email: [email protected] Email: [email protected] Kontakt: Martin Nordly Tlf.: 70 20 08 14 Web: www.sandbeck.com Web: www.freja.biz Email: [email protected] Kontakt: Jakob Dalhoff, CEO Strategisk bygherrerådgivning - Overblik, beslutningsgrundlag, koordinering og Vi skaber nyt liv - udvikler og sælger tidligere Web: www.greentechfm.com Email: [email protected] ledelse. Projektudvikling og ejendomsinvestering. statslige ejendomme. Energibesparelse, rådgivning, projektledelse, gennemførsel og drift. Green Key. Web: www.lokalebasen.dk Certificeret og 25 års erfaring. Independent intermediary in Denmark for commercial office space. Jeudan A/S RECRUITMENT INSURANCE BROKERS Sankt Annæ Plads 13, 1250 København K Oline Tlf.: 70 10 60 70 Amalie Search & Selection ApS AON Denmark A/S Islands Brygge 43, 2300 København S Kontakt: Morten Aagaard, CAO Chr. IX´s Gade 6, 3. sal, 1111 København K Strandgade 4C, 1401 København K Tlf.: 40 89 64 30 Email: [email protected] Tlf.: 33 34 30 30 Tlf.: 32 69 71 91 Kontakt: Jesper Storm Hansen, CEO Web: www.jeudan.dk Kontakt: Torben Rønsov, Managing Partner Kontakt: Christian Elmelund, Insurance Broker Email: [email protected] Jeudan A/S is Denmark’s largest listed property company. The company invests in Email: [email protected] Email: [email protected] Web: www.oline.dk and operates office, residential and retail properties in Copenhagen.. Web: www.amaliesearch.dk Web: www.aon.com/denmark/ Denmark's largest portal for commercial property with premises and propertises Amalie Search & Selection is a consultancy mainly within Recruitment of Managers Independent insurance broker specializing in propety, contracting, project liability from more than 140 of the country's largest commercial estate agents. and Specialist in the field of Construction, development and engineering. Kristensen Properties A/S and building damage. DEVELOPERS Vesterbro 18, 9000 Aalborg Tlf.: 70 22 88 80 MEDIA, ADVERTISING AND COMMUNICATION DEAS OPP Kontakt: Kent Hoeg Sørensen, CEO Dirch Passers Allé 76, 2000 Frederiksberg Email: [email protected] Grønbech ApS Tlf.: 70 30 20 20 Web: www.kristensenproperties.com Platanvej 13, 2791 Dragør Kontakt: Lars Olaf Larsen, Vice President, Experienced Fund & Asset Manager, who operates internationally in the Scandinavi- Tlf.: 40 33 05 55 Public-Private Partnership an, UK and German markets. Kontakt: Susanne Lindø, Partner Email: [email protected] Want to be part of the list Email: [email protected] Web: www.deas.dk Web: www.groenbech.com/content/dk We offer professional, long-term and fully financed comprehensive solutions for the PR & communication creating meaning and value for ambitious organizations and Nordea Ejendomme operation and construction of PPP projects, and the administration, operation and companies. maintenance of the PPP company. Ejby Industrivej 38, 2600 Glostrup Tlf.: 43 33 80 00 Email: [email protected] Kontraframe ApS FB Gruppen Web: www.nordea-ejendomsinvestering.dk Flæsketorvet 77-79, 1711 København V Vestre Teglgade 10, 2450 København SV En af Danmarks største udbydere af erhvervs- og boliglejemål. Tlf.: 33 25 10 02 Tlf.: 33 86 20 20 Kontakt: Tobias Wensien Dinesen, Photographer, Partner Kontakt: Hans-Bo Hyldig, CEO Nordicom A/S Email: [email protected] Email: [email protected] Web: www.fbgruppen.dk Svanevej 12, 2400 København NV Web: www.kontraframe.dk FB Gruppen udvikler, bygger og sælger boliger. Vi håndterer projektudvikling, Tlf.: 33 33 93 03 Kontraframe er et billedbureau med speciale i identitetsbærende fotografi. projekt- og byggestyring, samt salg og udlejning. Kontakt: Ole Steensbro, CEO Email: [email protected] Web: www.nordicom.dk Lizette Kabré HusCompagniet Nordicom A/S er et selskab inden for ejendomsbranchen. Baggesensgade 16, 3.sal, 2200 København N Lokesvej 3, 3400 Hillerød Tlf.: 33 25 10 02 Tlf.: 5159 1629 Norrporten Kontakt: Lizette Kabré, Photographer Kontakt: Søren Hansen, COO Email: [email protected] - siden 1972 Havneholmen 25, 1., 1561 København V Email: [email protected] Web: www.lizettekabre.dk Tlf.: 42 14 48 66 Web: www.huscompagniet.dk Fotojournalist og ekspert i portrætter, reportagefotografi, branding og pressebille- Kontakt: Thomas Wenzell Olesen, Vice President Vi har i mere end 40 år bygget på tryghed, tillid og trivsel. HusCompagniet blev i der. Email: [email protected] 2014 kåret som ÅRETS HÅNDVÆRKER for andet år i træk. Web: www.norrporten.dk Norrporten ejer og udlejer moderne, fleksible og omkostningseffektive kontorejen- MAXGRUPPEN Innovater A/S domme i København. Nøjsomhedsvej 31, baghuset, Marselisborg Havnevej 56, 2., 2800 Kgs. Lyngby 8000 Aarhus C SUSTAINABILITY Tlf.: 70 27 77 28 Tlf.: 70 26 70 10 Call Michael Mortensen Kontakt: Bastiaan Prakke, CEO Email: [email protected] DEAS Email: [email protected] Web: www.innovater.dk Dirch Passers Allé 76, 2000 Frederiksberg Web: www.maxgruppen.dk Projektudvikling af ejendomme, udlejning og salg af erhvervs- og retailprojekter til +45 28 34 03 19 and hear more Tlf.: 70 30 20 20 Maxgruppen is the leading specialist in print and installation of advertising- and lejere og investorer. Fokus er på dagligvarebutikker samt lokal- og bydelscentre med Kontakt: Hans Andersen, Head of Department, Energy signage projects for the real estate sector. både dagligvarer, øvrige butikker, erhverv samt boliger. and Indoor Climate Email: [email protected] Web: www.deas.dk We advise property owners on opportunities for energy-saving measures and also manage and develop energy renovations to properties and centres.

PAGE 80 | SCANDINAVIAN PROPERTY MAGAZINE | 2015 2015 | SCANDINAVIEN PROPERTY MAGAZINE | PAGE 81 EstatE nyheder Vær rigtigt klædt på i ejendomsbranchen! EstatE nyheder

Modtag GRATIS nyhedsmail Vær rigtigt klædt på 5 gangeomugen! Modtag GRATIS nyhedsmail i ejendomsbranchen! Vær rigtigtklædtpå Get daily Danish news for free 5times aweek industry? Danish property Want to be one step ahead in the 5 gange om ugen! i ejendomsbranchen! www.estatemedia.dk/nyhedsbrev at up Sign Tilmeld dig nyhedsbrevet påwww.estatemedia.dk/nyhedsbrev Modtag GRATIS nyhedsmail 5 gange om ugen! Estat E nyheder

ESTATE MEDIA

Tilmeld dig nyhedsbrevet på www.estatemedia.dk/nyhedsbrev

Tilmeld dig nyhedsbrevet på www.estatemedia.dk/nyhedsbrev DESIRABLE REGION WITH SO MUCH TO GIVE CONTENT Useful links: www.investcph.com SWEDEN A lot is happening in Copenhagen www.kk.dk www.regionh.dk and Malmö right now The Mærsk Building has made it to the top 8 www.copcap.com www.oresundsregionen.org www.visitcopenhagen.dk www.malmo.se Copenhagen is attracting flocks of 10 New tool gives full view of development www.expatindenmark.com www.skane.se international investors that are buying up

property, especially retail and housing. www.mediconvalley.com www.lund.se The Øresund Region The Nordics are considered a safe haven, 14 Strong market with high investment activity and even though economic growth is not DENMARK yet stellar, it is stable and accompanied 22 Malmö: Stable rents ahead by political and economic stability a long with favorable financing terms. 26 Central metro gets 17 new stations Population growth is explosive around Copenhagen and the housing sector can’t The Øresund Region keep up with demand. Housing investment is happening, but so much more is needed. The wealth of new residents creates a lively and dynamic atmosphere 28 - Never before have we seen a market Helsingør Helsingborg which continuously ranks Copenhagen among the most liveable cities in the like today’s - a view on the housing market world. 36 70 per cent more jobs in Ørestad Copenhagen and Malmö are two different big cities, uniquely connected by infrastructure that is second to none. The Copenhagen Airport has the most Hillerød 46 New 90,000 sq m neighbourhood intercontinental and direct routes in the North and now the metro is being bringing Malmö together expanded throughout Copenhagen with 17 new stations. Not more than a few SKÅNE years ago, Malmö, too, underwent large-scale expansion and created easy access to Copenhagen. 48 Three Danish projects nominated for MIPIM awards Øresund Last but not least, massive investment is currently directed towards developing universities and research facilities—all with the purpose of creating the founda- 50 Construction’s booming in Odense tion for a lively business community going forward. 54 Aarhus on its way to becoming a big city Greater Copenhagen is a robust and much sought-after market. The biggest chal- Nordhavn COPENHAGEN lenge for international investors in 2015 is likely to be finding suitable properties CBD without having to settle for too low yields. That said, the possibilities remain ex- 60 Copenhagen Malmö region at MIPIM Lund cellent in a region that is attractive to invest and live in and whose green profile is a constant priority. Roskilde 62 23,000 new sq m business space in CBD downtown Copenhagen Ørestad Read much more about the property market and opportunities in Greater Copen- MALMÖ hagen and Malmö in this magazine. Hyllie 64 New masterplan allows more housing SJÆLLAND

Best regards, 66 That calls for a… city development Kamilla Sevel Køge Editor-in-chief 70 Optimistic retail market [email protected]

72 Business guide Publisher Editor-in-chief Cover photo: Ørestad Chopenhagen Scandinavian Estate Media Nordic ApS Kamilla Sevel BY & HAVN, PETER SØRENSEN Stengade 83 Tlf. (+45) 42 76 00 20 property DK-3000 Helsingør [email protected] Want to know more about the magazine [email protected] media market in the Nordics and ad- Tlf. (+45) 22 16 19 39 Design and layout vertising in Estate Media products? Estate Reklame Advertising sales Contact: – the Nordic Media House specialized Tel. direct (+45) 28 34 03 19 ISSN nr. 1904-2434 Country Manager [email protected] Nikolaj Pfeiffer in the property business Print [email protected] United Press KONTAKT OS PÅ 70 300 555 # 1 2015 CONSTRUCTION, PROPERTY AND INVESTMENT IN COPENHAGEN AND MALMÖ REGION Specialister i kontorudlejning magazine Scandinavian property LARSBJØRNSSTRÆDE · 1454 KØBENHAVN K AMAGER STRANDPARK · 2300 KØBENHAVN S Scandinavian property magazine | No 1 2015

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New Copenhagen MEDIA office now open. PAGE 2 | SCANDINAVIAN PROPERTY MAGAZINE | # 01 2013 ESTATE N RDIC NAI DANMARK · FORBINDELSESVEJ 12 · 2100 KØBENHAVN Ø · TLF. +45 70 300 556 · [email protected] · NAI.DK