Orestad

Orestad is a driver in Copenhagen’s reinvention. A reinvention that brings corporate headquarters, architectural innovation, and one of Northern Europe’s largest nature reserves to the heart of the city.

Ørestad was the first development area in the region to benefit from the Öresund Bridge and the proximity of Copenhagen Airport by creating a modern district on a former military training ground close to the city centre.

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Ørestad


Orestad is a driver in Copenhagen’s reinvention. A reinvention that brings corporate headquarters, architectural innovation, and one of Northern Europe’s largest nature reserves to the heart of the city.

  • Ørestad was the first development area in the region to benefit from the Öresund Bridge and the proximity of Copenhagen Airport by creating a modern district on a former military training ground close to the city centre.
  • Ørestad is at the heart of the Copenhagen-Malmö Region. Being the intersection of communication lines with six metro stations, direct train service to the airport and direct access to the highway, makes Ørestad a regional hub.
  • Ørestad Innovation City Copenhagen (ØICC) is a new network for innovation and entrepreneurship based in Ørestad. It will facilitate cross-sector collaboration and aims to create Greater Copenhagen’s most powerful hub for innovation, knowledge and creativity. Big, green and spacious. Ørestad is in many ways the opposite of Copenhagen’s dense centre. Channels and green spaces take nature to the doorstep. Here, distinctive urban design, modern buildings and urban space interact with the surrounding natural areas.
  • Ørestad has experienced an influx of corporate headquarters, but is also the home of a convention centre and the largest hotel in Scandinavia. Besides, the IT University, University of Copenhagen, Danish Broadcasting Corporation and Jean Nouvel’s Concert Hall are also located in Ørestad.
One third of Ørestad has already been developed.

Key figures

Area: 310 ha
Project owner: CPH City & Port Development


View facts

Contact project owner

Nicolai Irminger Axholm
Director of Sales and letting
Email: nix@byoghavn.dk
Direct: +45 3376 9905
Mobile: +45 2916 0313

 




See the plots for sale

Ørestad


Facts

Area 310 ha
m2 homes (further) 300,000
m2 offices (further) 370,000
Market rate per m2, homes (prime rent) 214 euro
Market rate per m2, homes (secondary rent) 174 euro
Market rate per m2, offices (prime rent) 174 euro
Market rate per m2, offices (secondary rent) 120 euro
Yield, homes (prime yield) 4.50%
Yield, homes (secondary yield) 5.00%
Yield, offices (prime yield) 4.75%
Yield, offices (secondary yield) 7.25%


Distances

Copenhagen Central Station 7 km
Copenhagen Airport 6 km
University of Copenhagen 0 km
Copenhagen Business School 11 km
Technical University of Denmark (DTU) 33 km
Malmo University 39 km
Lund University 58 km


Read Sadolin & Albæk definition of market rate and yield here.

Facts provided April 1 2015 by Sadolin & Albæk.

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Contact project owner

Nicolai Irminger Axholm
Director of Sales and letting
Email: nix@byoghavn.dk
Direct: +45 3376 9905
Mobile: +45 2916 0313