Savills: 3% annual growth in prime office rents in Copenhagen in 3Q15

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In its latest (3Q15) Market Report on the European office sector, Savills noted that prime rents in Copenhagen were, respectively, EUR241 per square metre per year. Year-on-year growth in prime rentals has remained unchanged at about 3% since 1Q15. Looking forward, Savills anticipates that take-up of office space will remain unchanged. Supply of new space is expected to fall. Prime rents are expected to remain rise. In its report, Savills highlighted how employment in and around Copenhagen has risen to a level close to that of the beginning of 2008.

Source : Savills/December 2015/Copenhagen/OFF