danish property federation the danish property market

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Danish Property Federation The Danish Property Market

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Danish Property Federation

The Danish Property Market

www.ejendomsforeningen.dk

Building Stock 2014

Source: Statistics Denmark and Danish Property Federation

www.ejendomsforeningen.dk

Property Investment Market 2014

Source: IPD Danish Property Index Note: Measured by capital value

www.ejendomsforeningen.dk

2015 2008

Average annualized percentage

change

Absolute change

Percent

Count in 1.000

Count in 1.000 Percent Count

Owner Occupied dwelling 50,4% 1.405 1.423 -0,2% -18.495

Housing society dwelling 7,3% 204 200 0,3% 4.477

Social rental housing 18,9% 528 516 0,3% 11.689 Private rental housing 19,1% 531 437 2,8% 93.907

- Small rental service 11,0% 308 218 5,0% 89.623 - Professional rental service 8,0% 223 219 0,3% 4.284

Public ownership 1,8% 51 53 -0,6 % -2.262

Unknown 2,4% 68 82 -2,7% -14.469

Total 100,0% 2.786 2.710 0,4% 75.847

Dwelling Stock divided into types of ownership in 2008 and 2015

Source: SAM-K, Statistics Denmark and own calculations

www.ejendomsforeningen.dk

Vacancy for Residential and Commercial Property 1988-2015Q2

Source: Oline-ED Statistikken and Statistics Denmark Note: Databreak from 2010 to 2011 is due to new measures of vacant residences

www.ejendomsforeningen.dk

Dwellings without Person Registration 1981-2015

Source: Statistics Denmark

www.ejendomsforeningen.dk

Total Construction 1949-2014

Source: Statistics Denmark – statbank.dkNote: Measured as started construction

www.ejendomsforeningen.dk

Sold Investment Properties 1992-2014

Source: Statistics Denmark – statistikbanken.dk Note: Commercial: Excluding factories

www.ejendomsforeningen.dk

Prices on Investment Properties 1992-2015

Source: Statistics Denmark – statistikbanken.dkNote: Commercial: Excluding factories. The indices are based on nominal prices

www.ejendomsforeningen.dk

Real Price Index for One-family Houses 1971-2014

Source: 1971 – 1995 : Statistics Denmark, Danmarks Nationalbank,1995 – 2010 : Realkreditraadet

www.ejendomsforeningen.dk

Net lending by mortgage banks from 1995 to 1. quarter 2015

Source: Association of Danish Mortgage Banks

www.ejendomsforeningen.dk

Rent and Residential Property Prices relative to the Wage Rate developments 1995-2013

Source: Realkreditrådet and Statistics Denmark

www.ejendomsforeningen.dk

Minimum Rent (euro/sq.m.)

Maximum Rent (euro/sq.m.)

Office

148

242

Retail

1.143 3.024

Industrial 44 77

Rent Levels for Commercial Property, Greater Copenhagen 2. Quarter 2015

Source: Sadolin & Albæk

Note: Dkr/Euro exchange rate is 744

www.ejendomsforeningen.dk

Vacancy and Rent Level for Offices in Copenhagen 1997-2015Q2

Source: Sadolin & Albæk and Oline-ED Statistikken

www.ejendomsforeningen.dk

Total office occupancy costs,

2010

Source: CBRE Global Office Rents

www.ejendomsforeningen.dk

Rent in private rental housing, 1995 and 2007

Rent Rent movements 1995-

2007 percentage.

1995

Average annual m2-rent (euro)

2007

Average annual m2-rent (euro)

”Identical property”

Average annual increase

Copenhagen 53,1 81,3 3,1

Frederiksberg 50,8 77,5 3,3

Odense 50,7 90,9 3,1

Esbjerg 50,7 78,9 3,5

Aarhus 61,7 103,6 3,8

Aalborg 57,2 87,1 3,3

Source: Ministry of Social Welfare

Note: The Rent level is inclusive Rent for the cost driven tenancies.

www.ejendomsforeningen.dk

Real Total Return 1985-2014

Source: IPD, Sadolin & Albæk, and Danish Property Federation

www.ejendomsforeningen.dk

The Danish Property Federations Consensus Forecast 3. quarter 2015

Source: IPD Danish Property index and the Danish Property Federation

From 2000 to 2014 is shown the total return of IPD Danish Property index. 2015 to 2017 shows the average of the responses The Danish Property Federations Consensus Forecast. 50 % of the responses lies within the blue lines.

  2015 2016 2017 2015-2019

Total return (%) 5,4 5,6 5,7 5,6

Change (quarterly) -0,1 0,0 0,1 0,1

Change (yearly) 0,0 0,0 New New

www.ejendomsforeningen.dk

Income Return and Capital Growth 2014

Source: IPD Danish Property Index

www.ejendomsforeningen.dk

Reimbursement Duty rate in Danish municipalities 2015

Source: Statistics Denmark

www.ejendomsforeningen.dk

Municipalities where The Rent Control Act applies in 2015

Source: Grundejernes investeringsfond

www.ejendomsforeningen.dk

[email protected]

Telefon: 33 12 03 30

Ejendomsforeningen Danmark

Åboulevarden 22, 5. sal 8000 Aarhus C

Nørre Voldgade 21358 København K