A guide to serviced offices and office space to rent in Copenhagen as well as general information that may be useful if you are thinking of renting office space in the city.
History & Geography
Denmark’s famous capital city is located on the island of Zealand and partly on the island of Amager. To the east the city faces the Oresund Sound, the body of water which connects the North Sea and Baltic Sea. Copenhagen only became the capital of Denmark in the middle of the 15th century, though the city was founded far earlier in the 11th century by the famous Viking Sven Forkbeard. Copenhagen benefits from an excellent natural harbour which helped the city become an important regional centre of commerce. This brought it into rivalry with the Hanseatic League, a powerful alliance of cities and guilds which dominated trade in northern Europe up until the 17th century. Copenhagen withstood sieges by the Hanseatic League on many occasions. In 1807 a British fleet bombarded Copenhagen using highly incendiary Congreve rockets and burned down a significant portion of the city, including its largest church. During WWII the city was occupied by German troops precipitating some light bombing by the RAF. Copenhagen is now connected to the neighbouring Swedish city of Malmo by a toll bridge and tunnel, which has made it the centre of a large urban sprawl partly in Denmark, partly in Sweden.
Quality of life
Copenhagen is generally regarded to be one of the cities with the best quality of life. One of the reasons for this is the city’s compact planning and its focus on environmental issues. The water in Copenhagen’s harbour is clean enough to swim in, and 36 percent of all its residents bike to work every day. In fact the residents of Copenhagen cycle a combined 1.2 million kilometers per day. The city has the longest pedestrianised thoroughfare of any European city in the Stroget and has gained international recognition for its dedication to tasteful and environmentally friendly design. Copenhagen is also a very green city, and recently decreed that by 2015 every citizen must be able to reach a park or beach on foot in 15 minutes.
While Copenhagen may not be among Europe’s premier tourist destinations it is still a fairly popular location for a city break. Aesthetically Copenhagen is one of the most pleasing cities in Europe, maintaining a mix of old architecture with bold new design. Perhaps the most recognizable district of the city is Frederiksstaden, where the Amalienborg Palace and the Marble Church are located, as well as a range of elegant mansions dating from the 18th century. The old inner city also includes the island of Slotsholmen and Christiansborg Palace. Copenhagen has three beaches that are popular with city residents during summer. The largest of these is Amagar Strandpark which has a 2 kilometer long artificial island and a beach 4.6 kilometers long. For those in search of culinary pleasures, Copenhagen has 13 Michelin starred restaurants, more than any other city in Scandinavia. It is also home to the restaurant Noma, currently ranked as the best in the world. The city is also renowned for its many bakeries, serving up the pastries for which Denmark has become famous. There is also has a wide variety of microbreweries scattered through the city, many of which also serve food.
The area of Christiania, or Freetown Christiania as it is technically known, has become famous in Copenhagen and Europe. This is a completely autonomous neighbourhood of Copenhagen which is ruled by the state, not the city. On the site of a former military barracks, Christiania now has about 850 residents who have developed their own rules and way of life separate from the rest of Copenhagen. Marijuana and hashish are sold and smoked openly in Christiania, though harder drugs have been banned by the residents. Private cars are also not allowed in the neighbourhood. Chilled out cafes and restaurants are scattered through the area and many tourists enjoy wandering through its streets for a couple of hours to observe a totally different part of Copenhagen.
Copenhagen is one of the easiest cities in Europe to get around in. It is recognized as being one of the most bicycle-friendly cities in the world and aims to have 50 percent of residents get to work by bike by 2015. Copenhagen’s bike paths are excellently maintained and are often completely separate from the roads, with their own system of signals. Public bicycles are provide by the city for a deposit of only 20 Kroner, and are an excellent way to see Copenhagen.
The city also has a rapid transit system called the S-train, as well as the Copenhagen Metro, which began operation in 2002. Copenhagen Central Station provides regional links to the rest of Denmark as well as internationally. Train traffic between Copenhagen and Hamburg is especially heavy.
Copenhagen Airport is the largest in Scandinavia and can be reached from downtown Copenhagen on the Metro in only 15 minutes.
Finding office space to rent in Denmark’s capital city is a fairly painless process, despite a very low development rate of new commercial buildings. How long this will continue to be the case however is questionable. According to CBRE office rents have remained fairly static in Copenhagen recently, though are expected to grow in 2011. There is currently almost no speculative development and almost no new office space will come onto the market this year in the city, and this is likely to continue up to 2012 according to CBRE. Vacancy rates dropped significantly in the second half of 2010 in Copenhagen and will continue to do so, according to research from the property giant. Currently the population of Copenhagen stands at 1.7 million, and the city generates 38 percent of the Danish economy. Copenhagen was recently ranked fourth by FDi magazine in its list of Top 50 European Cities of the Future. The city’s economy is very service oriented and research and development is a major part. The world’s largest shipping line, Maersk, has its headquarters in Copenhagen. While the city boasts some of the highest salaries in Europe it is also one of the most expensive cities in the world.