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Copenhagen's Commercial Rental Supply Drops as Office Construction Plummets

Supply of commercial rental properties in Copenhagen has declined with new office construction dropping sharply.

By The Daily Copenhagen · Published 25 July 2026

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Copenhagen Diamanten and Jewish Museum IMG 5615. Photo: Bjoertvedt / Wikimedia Commons (CC BY-SA 3.0), file/context image

The supply of commercial rental properties in Copenhagen has declined significantly over the past year driving rent levels to increase especially in the second half of 2025 according to item [34].

New office construction in Copenhagen plummeted by approximately 64 percent in 2023-2024 compared to 2021-2022 due to rising construction costs and expensive financing as stated in items [9] and [34].

Vacancy rates for industrial and logistics properties in Greater Copenhagen rose from just above 2 percent in 2022 to just under 6 percent in 2025 as stated in item [34].

In 2024 the total office transaction volume in Copenhagen and Greater Copenhagen amounted to DKK 4.55 billion with user properties accounting for 37.5 percent of deals according to item [34].

Sources: perplexity-sonar, perplexity-sonar.

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