Copenhagen among top European real estate markets
The European real estate market is on the rise in terms of investments and the Danish capital is no exception, breaking into the top tier of the Emerging Trends in Real Estate Europe 2016 report (here in English).
Published by the Urban Land Institute in collaboration with consultancy giants PricewaterhouseCoopers, Copenhagen ranked fifth in investment prospects for 2016, just behind top ranked Berlin, Hamburg, Dublin and Madrid.
“Previously considered a distressed market, Copenhagen now appears to be ‘noteworthy’. Denmark has seen the worst and can only go up,” the report found.
“Ranked Number 5 for investment this year, the Danish capital has good dynamics in terms of younger segments of the population with growth potential.”
The report also underlined the importance of the Øresund link and the development of sectors such as biotech and a strong knowledge environment.
The future Metro extension was also of interest, and Copenhagen also ranked high in terms of future development possibilities.
Birmingham, Lisbon, Milan, Amsterdam and Munich rounded out the top 10, while other notable cities included Stockholm (11), Barcelona (12), London (15), Helsinki (16), Paris (22), Rome (25) and Moscow (28).