Transaction numbers increased in Q1, but volume trails behind
Newly built and fully let investment property in Brøndby for sale for DKK 87.5 million
9
10
The letting of 107 modern homes in Søagerhusene in Smørum is close to completion
EDC Poul Erik Bech join forces with competitor and doubles its workforce
12
14
H&M’s former 19,000 m² warehouse and logistics center in Greve is now available for rent
Køge Municipality is offering 52,000 m² of building rights at Køge Nord Station
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17
New homes on the way in Næstved following the sale of two prominent properties
EDC Poul Erik Bech opens new business centre on Lolland-Falster
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20
Danish Crown’s 70,000 m² premises in Ringsted put up for sale for DKK 120 million
Aarhus-based investor group sells large logistics property in Sorø for a DKK triple-digit million sum
22 Infrastructure and modern property characterise local market dynamics
28 Just over half of Private Hospital Mølholm sold to the Region of Southern Denmark
30
Record number of hotel nights puts hotels on investors’ radar
32 Residential portfolio of 72 terraced houses in Silkeborg sold for a low three-digit million sum
37 Market Update Q2, 2026
Market still buoyant
Despite declining transaction volumes
Dear reader
In this edition of Market Insight, you can dive into some of the biggest deals we have sold or have on the shelves. According to Erhvervsmæglernes Branchedata, which EDC Erhverv Poul Erik Bech is part of along with other leading commercial property brokers, the transaction volume for 2026 (January-April) in the Danish market is not at the same level as in 2025. The number of transactions has actually increased by 13% in Q1 this year compared to Q1 last year, so even though transaction volumes are not reaching the same heights as last year, there is still good activity in the market.
A notable development in transaction volume is the distribution of Danish and foreign investors. In the past, foreign investors have accounted for up to half of the transactions, but this year there has been a trend towards more Danish transactions. In April, Danish investors accounted for 78% of transactions, and if we look at the first four months of the year, Danish investors account for more than 82%. The development points to continued restraint among foreign investors in the current market, which can most likely be attributed to the geopolitical uncertainties.
In our own company, we realised a revenue of almost DKK 275 million in 2025, which is an increase of 16.4% and the highest revenue ever in the business area. At the same time,
profit increased by 59% and the second highest profit only surpassed by the record year 2021. Compared to the first four months of 2026, we have seen a 9% increase in revenue, so our commercial property business is going strong.
In the magazine, you can also read more about our local market reports, CityFact, which gives you a unique insight into 17 Danish cities and areas. The updated CityFact reports are created in collaboration with our local business centres to give you an in-depth insight into the factors driving investment in your particular market area. Three trends are common across the reports: infrastructure driving demand, a clear division between modern and older properties, and investors becoming more selective in an uncertain market.
As always, you can catch up on the latest market figures and dive into economic developments in the Market Update attached at the end of the magazine.
Happy reading!
Kind regards
Poul Erik Bech
Engel & Völkers Denmark join forces with EDC Poul Erik Bech
The commercial real estate agency Engel & Völkers Denmark join forces with EDC Poul Erik Bech, the largest real estate agency in Denmark. Engel & Völkers Denmark has offices in Copenhagen and Aarhus and is particularly strong within the field of Capital Markets, international transactions and letting, providing the two companies with strong market positioning.
Mikkel Søby, CEO of Engel & Völkers Denmark and chairman of the board of Ejendomstorvet, says:
“Like other parts of the business world, commercial real estate is experiencing consolidation. Further specialization within property segments is necessary. Opportunities for growth have of course been explored and after numerous and long conversations with Poul Erik Bech, we are convinced that our companies will complement each other. We fit well together because we strengthen each other’s positions.”
Strengthening Capital Markets
Mikkel Søby and Christian Metellus are assigned partners in EDC Poul Erik Bech and part of EDC Poul Erik Bech’s Capital Markets department in Copenhagen. Mikkel Søby
will furthermore be appointed Director of EDC Poul Erik Bech Copenhagen. Engel & Völkers Denmark has a total of 15 employees, primarily based in Copenhagen and Aarhus with operations nationwide and a presence in the Northern part of Jutland and -Zealand.
“It was clear to both parties that our companies complement each other very well. A strong network particularly in Germany allow us to work extensively with Capital Markets and international investors. We have built a particularly strong position with letting, not least in Aarhus,” says Managing Partner Christian Metellus, adding:
“With 21 offices, EDC Poul Erik Bech has a nationwide platform and several specialists across property segments. Having valuation and research in-house will be a great attri-
bute for strengthening our advisory services. Further features such as a strong back office with marketing, PR, HR and support provides us with a better prospect of emphasizing brokerage and advisory of our clientele.”
Strengthening international profile
Poul Erik Bech says: “Naturally, we look forward to welcoming our new colleagues from Engel & Völkers Denmark. Our international outreach will be strengthened as well as our international department with strong competencies for our offices in Copenhagen and Aarhus including an additional commercial real estate broker in Vendsyssel/ Skagen. Our company has already
“ Our international outreach will be strengthened as well as our international department with strong competencies for our offices in Copenhagen and Aarhus including an additional commercial real estate broker in Vendsyssel/Skagen
“
listed the most properties on Ejendomstorvet, and this position will now be enhanced. Engel & Völkers Denmark provides strong competencies in letting, an area which we have also worked to strengthen in recent years.”
Both parties will be represented at MIPIM this week, the world’s leading international real estate event held annually in Cannes, France. Including Mikkel Søby and Christian Metellus from Engel & Völkers Denmark, the 18 brokers from EDC Poul Erik Bechwill be the largest real estate delegation at the event.
Photo: From left Morten Nielsen, COO EDC Poul Erik Bech, Poul Erik Bech, CEO EDC Poul Erik Bech, Jane Bech, director EDC Poul Erik Bech, Mikkel Søby, former CEO Engel & Völkers Denmark, Christian Metellus, former Managing Partner Engel & Völkers Denmark.
Transaction numbers increased in Q1, but volume trails behind
New figures from Erhvervsmæglernes Branchedata show that the transaction volume for the first four months of 2026 totalled DKK 15.1 billion. This represents a decrease of 34% compared to the same period last year, but a closer look at the figures shows a more positive trend. The number of transactions in the first quarter of 2026 increased by 11% compared to the first quarter of last year. This indicates that the market is buoyant for small and medium-sized cases, while the large transactions are still to come.
According to figures from Erhvervsmæglernes Branchedata, a collaboration between EDC Poul Erik Bech, CBRE, Colliers, Newsec, Nordicals and Savills, the transaction volume in Q1 totalled DKK 9.3 billion. Despite a declining transaction volume in Q1, the underlying figures show an increase in activity measured by the number of completed transactions.
Poul Erik Bech, CEO of EDC Poul Erik Bech, says on behalf of Erhvervsmæglernes Branchedata: ”In terms of actual transaction volume, the market got off to a slightly quieter start this year than many expected. Although the transaction volume in Q1 is at a lower level than last year, 11% more transactions have actually been registered in relation to the number of transactions. We are experiencing good activity compared to last year, but the really big transactions are still to come.”
”Part of the explanation for the development in transaction volume is that in Q1 last year there was a large hotel sale of DKK 3.5 billion. In addition, five transactions totalling over half a billion DKK were registered, whereas so far this year there has only been one transaction of over half a billion DKK. So it’s the really big transactions that are missing so far,” says Poul Erik Bech and continues:
”If we only look at transactions under DKK 500 million, the transaction volume in Q1 2026 is 13% or almost DKK 1 billion higher than in Q1 2025. Furthermore, in the first four months of 2026, only two large transactions of more than DKK 0.5 billion were registered, while seven were registe-
red for the same period last year, so the general picture is that the commercial property market is still buoyant.”
International actors are holding back
In April, Danish investors accounted for 78% of the total transaction volume, while international investors accounted for 22% of the transactions. The international activity was primarily linked to two major residential property transactions in Copenhagen.
Poul Erik Bech says about the development: ”International investors typically account for 40-50% of the market. So it’s certainly remarkable that international investors account for less than 20% so far in 2026, suggesting that the many geopolitical uncertainties are rubbing off on international investment appetite. So for the time being, international investors are more cautious, while for domestic investors there is good activity in the market.”
In comparison, the breakdown for the first four months of last year was that domestic investors accounted for 62% of transactions and international investors accounted for 38%.
Read more at erhvervsejendomsdata.dk You can find transaction data and monthly press releases from Erhvervsmæglernes Branchedata at www.erhvervsejendomsdata.dk
Contact:
Sven Lyse, Partner, director & Morten Hansen, Partner, MDE
EDC Poul Erik Bech • +45 5858 7550
Contact:
Helle Nielsen Ziersen, Partner, MRICS, Head of International & Astrid Amalie Vendelbo Juliussen, Associate, MDE, International
EDC Poul Erik Bech • +45 3330 1000
Contact:
Tonny Broberg, Project Director & Henrik Frost
Sørensen, Partner, Commercial Director
EDC Poul Erik Bech • +45 8730 9930
Newly built and fully let investment property in Brøndby for sale for DKK 87.5 million
A newly built and fully let investment property on Park Allé in Brøndby built by COOP Ejendomme has just been put up for sale for DKK 87.5 million. The property, built in 2024, combines commercial and residential space in one asset and includes a grocery store on the ground floor and 13 modern townhouses on the other floors. EDC Poul Erik Bech Copenhagen will broker the sale of the property, which has a total area of 2,878 m².
The 365discount property at Park Allé 215-241 in Brøndby has been put up for sale. The 2,878 m² property combines residential and commercial space in one asset with a grocery store on the ground floor of more than 1,000 m² and 13 townhouses on the 1st-3rd floors totalling 1,850 m². The property is built in good and modern materials and has an energy label A2015. COOP Ejendomme built the property in 2024 and has since operated it but now wants to sell.
Peter Holten-Jensen, Property Development Manager at COOP Real Estate, says: ”At COOP Real Estate we have a strategy to only have grocery stores in our property portfolio - not residential properties. Therefore, we have chosen to put the property on Park Allé in Brøndby up for sale. We built the property ourselves in 2024 and have since then been in charge of operations to document the property’s potential.”
”The property is fully let and appears to be an attractive investment. Partly because homes are still in high demand among investors, and partly because the price per square metre is at an attractive level compared to similar homes in the area. At the same time, the grocery store on the ground floor contributes with a long lease and a parent company guarantee, which ensures stable income,” says Peter Holten-Jensen.
Strong investor interest in newer properties
Michael Thodsen, Partner at EDC Poul Erik Bech Copenhagen, who is brokering the sale of the property, says: ”We continue to experience strong investor interest in newer re-
sidential rental properties in and around Copenhagen. The combination of stable rental income and limited maintenance needs makes newer properties like this one an attractive investment case. Investors get an attractive combination of residential and retail in one asset, where the grocery store contributes with a stable cash flow.”
”At the same time, the residential part consists of modern townhouses of 136-156 m², which matches the demand we see in the market. Investors are increasingly demanding mixed-use properties, where you get multiple sources of income in the same asset while achieving good risk diversification. The combination of a strong grocery tenant with a long lease term and newer housing makes the property an interesting investment case,” says Michael Thodsen and continues:
”The location on Vestegnen is also not to complain about. The area around Park Allé is undergoing a positive development, and with the new light railway, short distance to Glostrup Station and easy access to the main road network, the location is attractive. This supports both the long-term rental security and the property’s attractiveness for both residential and commercial tenants.”
Peter Holten-Jensen concludes: ”We chose EDC Poul Erik Bech to handle the sale because we have a very good working relationship with them. They have helped us with similar cases in the past, and we look forward to once again benefiting from their insight and network in the industry.”
The letting of 107 modern homes in Søagerhusene in Smørum is halfway to completion
Smørum has just gained 107 new homes at Råbrovej 20, on the site of the former Søagerskolen school. Søagerhusene has been built with respect for the area’s history, and the school’s old gymnasium, amongst other things, has been preserved as an active meeting place for residents. The aim is to raise the bar for new-build developments with high-quality architecture and materials. The letting of the first phase is halfway to completion, and the first residents are expected to move in on 1 July. EDC Project Poul Erik Bech is handling the letting process.
Right in the heart of Smørum, a brand-new residential area is being established on the site of the former Søagerskole. The development comprises 107 homes, comprising singleand two-storey terraced houses as well as flats. The project is being developed by Thylander, and the first phase is expected to be ready for occupancy on 1 July.
Thomas Hedegaard Gulløv, Director of Investments and Development at Thylander, says: “The vision for Søagerhusene has been to raise the bar for new-build developments – both architecturally and in terms of quality. We have focused on solid materials, well-thought-out floor plans and a residential environment that combines modern comfort with the area’s history.”
“Speaking of history, the school’s former gymnasium is being carefully renovated and given a new lease of life, so that in future it can serve as a meeting place for local residents, offering opportunities for sport and activities. Adjacent to the gymnasium, a new community centre is being built using materials from the old primary school, so that the area’s past is woven into the residential development. The community centre will house a large communal area with a kitchen, guest room and hobby workshop, where relationships can form and the community can grow.”
Community in green surroundings
Søagerhusene is organised into three residential clusters, each with its own green courtyard. The private gardens open onto communal areas with fruit trees, shrubs and biodiverse planting, whilst wide balconies on the first floor offer views of the courtyards and life between the homes all year round.
Thomas Høeg Mogensen , Customer and Relationship Director
Project Poul Erik Bech +45 5858 8487 • thm@edc.dk
“We have focused on creating well-thought-out and varied floor plans so that the homes appeal to a broad target group. Whether you are a family with children, a single person, a couple or a senior – and wish to participate actively or casually in the community – there is a home for you,” says Thomas Hedegaard Gulløv, continuing:
“The homes themselves offer plenty of natural light. Several of the homes have high ceilings and skylights. HTH kitchens and a full range of Miele appliances have been installed in all homes, so they are ready to move into. We look forward to the first residents moving in and to the community flourishing in these green surroundings.”
A safe everyday life in Smørum
Søagerhusene is situated in a quiet and safe local community with green surroundings and everyday amenities within easy reach. Smørum Centret is within walking distance, and the area is known for its excellent nurseries and schools, which are easily accessible via footpaths. Thomas Høeg Mogensen, Customer and Relationship Director at EDC Project Poul Erik Bech, also reports significant interest in the homes:
“Søagerhusene appeals to a broad target group with its combination of different housing types, high quality and excellent communal facilities. It is a project where you get both your own private home and access to an environment that supports community and activity in everyday life.”
“Furthermore, Smørum is an attractive area for families with children, couples and senior citizens alike, and with its central location on Råbrovej, residents enjoy a safe and well-organised everyday life with nature, sport, schools and shopping all close by. We have seen a great deal of interest in the project since we had our first house on 6 April, and we only have a few properties left to let in the first phase,” concludes Thomas Høeg Mogensen.
Largest in North Zealand: EDC Poul Erik Bech join forces with competitor and doubles its workforce
EDC Poul Erik Bech in North Zealand is merging with danbolig Erhverv Hillerød, doubling its workforce. Together, they are strengthening their position as the region’s largest commercial estate agent with increased specialisation, significantly more staff, stronger data and future-proof ambitions for the experienced commercial estate agents in both companies.
EDC Poul Erik Bech is Denmark’s largest real estate agency with 21 commercial centres, 75 residential shops and more than 675 employees. They are now strengthening their presence in North Zealand by making danbolig Erhverv Hillerød part of the leading commercial real estate agency.
Dorthe Mills, partner and commercial estate agent at danbolig Erhverv Hillerød, says: ”We have chosen to become part of EDC Poul Erik Bech in North Zealand, as together we are much stronger in the market and will become by far the largest commercial estate agent in North Zealand. Becoming part of Denmark’s largest real estate agency will be a huge game changer.”
”In many ways, we do a lot of the same things, but we will gain strong new competencies. I am personally very excited about this, as we will have access to much better and more in-depth data on market developments, which will strengthen us and, not least, our customers. At the same time, we will be strengthened in areas such as research, marketing, PR, HR, sales support, legal, etc., so for us it is truly a win-win situation.”
Future-proofing the business
for the future. We are all looking forward to becoming part of a super strong and large team.”
The growth continues
EDC Poul Erik Bech Nordsjælland was established as an independent entity in 2008. Since its inception, it has gone from strength to strength in terms of activities and staffing.
Poul Erik Bech says:
“
We are already market leaders in North Zealand, but this significantly strengthens our position. All other things being equal, this means that our customers will have even more estate agents and hands to handle their cases “
Johnny Hallas, partner and commercial estate agent at danbolig Erhverv in Hillerød, says: ”EDC Poul Erik Bech came on the scene with just the right offer, which we simply couldn’t refuse. We have made the decision to future-proof the business and give our talented and experienced employees really good and exciting prospects
”We warmly welcome the seven employees of danbolig Erhverv Hillerød to the team, thereby doubling our number of employees. We are already market leaders in North Zealand, but this significantly strengthens our position. All other things being equal, this means that our customers will have even more estate agents and hands to handle their cases, and when you are a buyer or tenant, you will have an even wider range of properties and premises to choose from.”
”At the same time, we can specialise even more in relation to the various segments: investment, office, retail, industry, warehousing and logistics, hotels, inns and camping. The new employees will become part of a successful business centre in North Zealand, together with our current employees, led by the two partners Stephen Bertelsen and Jacob Lunding, and in future also Dorthe Mills as a partner. The business centre has just moved to new, attractive premises at Lokesvej 8 in Hillerød.”
More information
Johnny Hallas
Partner and commercial estate agent
EDC Poul Erik Bech North Zealand +45 5858 8377 • jha@edc.dk
Dorthe Mills
Partner and commercial estate agent
EDC Poul Erik Bech North Zealand +45 5858 8377 • domi@edc.dk
Stephen Berthelsen
Chairman of the hotel group and partner
EDC Poul Erik Bech North Zealand +45 5858 8371 • stbe@edc.dk
Hotels are a hit in North Zealand
A few years ago, the commercial estate agent in North Zealand helped establish a nationwide, dedicated hotel group in EDC Poul Erik Bech. They have recently sold the gastronomic beacon Molskroen, Havreholm Castle in North Zealand and, on behalf of Freja Ejendomme, the historic Hornbæk Hospital, which is being transformed into the luxurious CORI Hornbæk Hotel.
H&M’s former 19,000 m² logistics center in Greve is now available for rent
A modern, professionally managed distribution center formerly operated by H&M is now available for lease. EDC International Poul Erik Bech has been tasked with finding a tenant for the large distribution center in Greve – H&M is also open to a possible sale.
Since 2000, H&M has owned a massive and well-dimensioned warehouse and logistics building at Ventrupparken 7 in Greve, Denmark. Now the time has come for others to benefit from the building. The process is managed by Marcin Żurowski, Logistics Real Estate and Legal Manager for H&M Europe, who says:
“After many years of operating in this warehouse and distribution center, we are pleased that the time has come for someone else to benefit from this modern, well maintained facility, located in an excellent area with strong infrastructure. We have entered into a brokerage agreement with EDC International Poul Erik Bech to help find a tenant for the property. For the sake of good order, it should also be mentioned that we are open to a possible sale of the property either now or in the future, once a longer lease has been signed.”
Larger professional users
Helle Nielsen Ziersen, Head of EDC International Poul Erik Bech, says: ”We look forward to helping H&M find a tenant for this well-designed and well-sized industrial property, which is located in one of Denmark’s best warehouse, logistics and transport areas. There is quick access to the motorway and efficient distribution to Greater Copenhagen, Zealand and further on to Funen and Jutland, ensuring optimal transport for national and international transport. Copenhagen Airport is half an hour away and the bridge to Sweden is close by and extremely efficient.”
”At the same time, the upcoming Fehmarn Belt connection to Germany will significantly strengthen the infrastructure and reduce transport time between Denmark and northern Germany, which will increase the long-term logistical value. H&M has used the property for storage and distribution for many years, which is a testament to the property’s functionality and capacity for larger, professional users. It is also a modern and flexible property in good condition with low technical and maintenance risk, so there is no doubt that it is an extremely attractive property.”
Strong focus on warehousing and logistics
Astrid A. Juliussen, Associate, EDC International Poul Erik Bech adds: ”It is a comprehensive property with a floor area of a total of 19,033 m² and a site area of 40,972 m² with an annual rent including operating costs of just over DKK 15 million. The warehouse area itself is 16,689 m² and the administration and office area is 2,004 m² spread over three floors. The property has a high ceiling height of approx. 9.5 m, solid and modern concrete structures, and large, contiguous storage areas that support efficient goods flow with flexible layout options to accommodate the tenant’s processes and requirements.”
“There are also 12 loading bays with airlocks, which ensure efficient goods handling, and a large outdoor area with good maneuvering and parking conditions for lorries and vans, as well as good driver facilities. Within the current local plan, it is also possible to expand the storage capacity if necessary. The property is available for rent, but as mentioned, it is also possible to purchase the property. All in all, the property offers extremely attractive facilities for warehousing, production, distribution and wholesale operations, so it will be exciting to see who will benefit from H&M’s large warehouse and logistics property in the future.”
Helle Nielsen Ziersen, Head of EDC International Poul Erik Bech hni@edc.dk • +45 5858 8563
Read more at www.edc.dk/183003454
Astrid A. Juliussen, Associate, EDC International Poul Erik Bech aaj@edc.dk • +45 5858 8563
Read more at www.edc.dk/469007427
John Borrisholt, Director, Partner, EDC Poul Erik Bech Roskilde, +45 5858 8395 • jsb@edc.dk
Mikkel Emil Valeur, Partner, EDC Poul Erik Bech Roskilde +45 5858 8395 • mev@edc.dk
Køge Municipality is offering 52,000 m² of building rights at Køge Nord Station
Køge Municipality has major development plans and is now offering a total of 52,000 m² of building rights on land ready for development, directly adjacent to Køge Nord Station. EDC Poul Erik Bech will manage the tender process on behalf of Køge Municipality, and the opportunities are numerous, with a hotel and conference centre as top priorities alongside offices, followed by retail outlets and potentially housing. The location is attractive, with a transport hub at the station, maximum visibility with up to 130,000 daily passers-by towards the Køge Bugt Motorway, and just a 20-minute direct train journey to Copenhagen Central Station.
Køge is currently undergoing a transformation that extends far beyond its role as a suburb of Copenhagen. With Zealand University Hospital in Køge, the extension of the Køge Bugt Motorway and Køge Nord Station offering direct access to Copenhagen – as well as good connections to the rest of the country and abroad – there is a positive atmosphere in the municipality. Project Manager at Køge Municipality, Johan Leo, says:
“We are in a good position in Køge Municipality, where the town is growing significantly and we have the highest job growth on Zealand. Many companies are choosing to locate here, and the business community is attracting employees from across the region; the strategic investments in a strong infrastructure are really starting to pay off. At the same time, we will also benefit in the long term from the Fehmarn Belt link to Germany. We are therefore ready with a new initiative to future-proof development in the municipality and are offering large, ready-to-build commercial sites totalling 52,000 m²near Køge Nord Station. We envisage several possible scenarios for this major project, with many opportunities for one or more prospective buyers.”
“The council is keen to engage in constructive dialogue with potential buyers and will be open to accommodating the wishes of prospective buyers. Our top priority is to build a high-quality hotel, ideally with a well-functioning conference centre that can attract more events to the town. At the same time, offices are an obvious fit given the prime location right by the station, and businesses could, for example, make use of the canteen in the conference centre. Furthermore, we will also be open to retail shops, a supermarket and cafés, and we will not rule out a well-thoughtout residential project. The possibilities are therefore many, and we invite interested parties in the municipality to engage in dialogue about the site’s potential and the next steps in Køge’s development.”
Mixed-use commercial development ready for the future
The areas around Køge Nord Station can be planned for mixed-use commercial development, where businesses can combine production, research, development, laboratories and administration in a single location. At the same time, the municipality is working purposefully to retain the industries that are already strongly represented in Køge. Mikkel Emil Valeur, Partner, EDC Poul Erik Bech Roskilde, says:
“The area is a key hub at the gateway to the capital and a central part of the municipality’s business development strategy. The site is ideally suited for offices, professional services and hotel and conference facilities, but there is particular potential for manufacturing companies, including food production, life sciences, energy and climate solutions, seeking to establish themselves in an urban, visible and sustainable setting with access to a highly skilled workforce.”
John Borrisholt, Director and Partner at EDC Poul Erik Bech Roskilde, adds: “The area is planned to accommodate up to 52,000 m² of floor space in buildings of varying heights up to 30 metres, with a maximum of eight storeys. With good infrastructure, including a station and motorway, and improved market conditions for hotels and conference centres driven by growing tourism, this is also a solution that the municipality has high on its wish list . However, the framework is fairly open, and it will be very exciting to see what good ideas potential buyers come up with for developing the area.”
The tender process will be conducted as three separate tenders within the same plot of land, where Køge Municipality wishes to see the area developed. The tenders will be conducted separately, but a buyer has the option to bid on all three tenders, which will be viewed favourably in the municipality’s assessment of the bids received.
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SOLD
More information
Martin Andersen, Partner
EDC Poul Erik Bech Næstved +45 5858 7130 • mra@edc.dk
New homes and improved living conditions on the way in Næstved following the sale of two prominent properties
At the end of 2025, Ringstedgade 11 in Næstved was sold, and now the neighbouring property at Ringstedgade 13 is following suit. The buyer of both properties is Estate Invest, which is already in the process of converting office space into new homes whilst improving conditions for tenants. EDC Poul Erik Bech Næstved has brokered the sale of the two prominent properties in the heart of Næstved on behalf of Velliv, which is selling the properties as part of the restructuring of its property portfolio.
Two properties at Ringstedgade 11 and 13 in the heart of Næstved have been sold. At the end of 2025, the purchase agreement for number 11 was signed, and just under six months later, the purchase agreement for the neighbouring property at number 13 was also finalised. The buyer of the properties is Estate Invest, which has been developing and investing in properties throughout Denmark since 1989.
Peter Nielsen, director and owner of Estate Invest, says: “We have now been working on number 11 for six months and have converted the empty office space into attractive homes. We are set to undertake the same project at number 13 – only on a larger scale. We expect to be able to convert the existing floor space in the two properties, creating a total of up to 25 new homes in one of the best locations in the centre of Næstved.”
“In addition, we will ensure better conditions for the ground-floor retailers, and we have currently let three shops facing Ringstedgade, so that new life can be breathed into the high street. At the same time, an extension to a ground-floor restaurant is in the pipeline, so we are delighted to be able to contribute to the positive development that Næstved is currently experiencing,” says Peter Nielsen.
Portfolio restructuring
The seller of the properties is Velliv, which has owned the two properties on Ringstedgade in Næstved since 2001 and 2013. Rasmus Ruhnau, Senior Investment Manager at Velliv, says:
“At Velliv, we are constantly adapting our property portfolio, and now it is Næstved’s turn. The reason we are selling the two fine properties at Ringstedgade 11 and 13 in Næstved is that we are currently looking towards larger assets and wish to reduce the geographical spread of our properties. It has been a slightly longer sales process, but it has gone very well. The collaboration with Martin Andersen from EDC Poul Erik Bech in Næstved has been excellent, and generally we have a good working relationship with EDC across the country.”
Iconic properties in Næstved Martin Andersen, partner at EDC Poul Erik Bech Næstved, who brokered the sale, says: “Both properties are prominent landmarks in the heart of Næstved. Number 13 is known, among other things, for being the home of the local daily newspaper, formerly Næstved Tidende and now Sjællandske Medier, ever since the property was built in 1898, and still houses their Næstved editorial office today.”
“We are delighted to have helped Velliv sell the properties, and we welcome the investment in new homes in the central part of Næstved, where demand for housing is high. The improved transport links reduce travel time to Copenhagen, among other places, making the town more attractive to commuters. At the same time, investment is being made in both educational institutions and business-promoting initiatives, which create a strong foundation for the town’s future development. Congratulations to both parties on the deal,” says Martin Andersen.
EDC Poul Erik Bech opens new business centre on Lolland-Falster
Experienced estate agent Klaus Andersen, who is also celebrating his 25th anniversary at EDC, will head up EDC Poul Erik Bech’s new commercial centre on Lolland-Falster. Klaus Andersen has been a partner in the real estate agency in Maribo for many years, where he has regularly assisted EDC Poul Erik Bech’s commercial department in Næstved with commercial matters on Lolland-Falster. The commercial market in the region is undergoing historic developments, so the collaboration is now taking shape in a new commercial department, which will expand the collaboration and continue the positive development.
The establishment of EDC Poul Erik Bech’s new commercial centre on Lolland-Falster on 1 January 2026 comes in the midst of a period of significant change and opportunity on Lolland-Falster. Klaus Andersen is therefore stepping down from the residential business in Maribo and taking on the role of commercial manager in a newly established unit, EDC Poul Erik Bech Lolland-Falster. Here, he will be responsible for commercial sales and brokerage across the entire region. Klaus Andersen says:
”It’s a really good time for me to change tracks, and I’m looking forward to the new business challenges. I’ve been with EDC and in the industry for over 25 years, and I’ve worked on Lolland-Falster all those years. My network and experience can now be put to direct use in the commercial property market, where developments are happening at a pace we have rarely seen before. At the same time, the residential property market is very strong and is being reinforced with two new partners at the helm. This provides the peace of mind and energy needed to build a new commercial centre that matches the growth we are experiencing in the region.”
More market share
EDC Poul Erik Bech is Denmark’s largest real estate agency with 75 residential branches, and now 21 commercial centres and more than 675 employees. Poul Erik Bech says: ”Our two talented partners, Martin Andersen and Mikkel Heegaard, who head our commercial centre in Næstved, South Zealand and the islands, have been doing well for a long time and have been busy. For some time, they have been working with Klaus Andersen on commercial cases in Lolland-Falster, which has now resulted in a new dedicated commercial centre covering the whole of Lolland-Falster.”
”We are delighted that someone of Klaus Andersen’s calibre will be taking on the role of business manager for our Lolland-Falster business department. He brings
strong skills and 25 years of experience from the region, and he will be working alternately from Maribo, Nakskov and Nykøbing Falster, while of course continuing to work closely with our business centre in Næstved. We look forward to following developments and are confident that we will gain even more market share in Lolland-Falster.
EDC Poul Erik Bech in Næstved has built up a strong and prominent position on Lolland-Falster over the years. This position is now being further strengthened with the appointment of Klaus Andersen and the establishment of a dedicated business centre in the region. At the same time, the new department will become part of a strong team, where partners Martin Andersen and Mikkel Heegaard will assist Klaus Andersen and continue to provide professional advice and high expertise to both new and existing customers across Lolland-Falster and South Zealand.
Region in historic development
The move to the business centre coincides with Klaus Andersen’s 25th anniversary at EDC, providing a natural opportunity to apply the experience gained from a long career in the industry directly to the rapidly growing business segment in Lolland-Falster. Klaus Andersen says:
”The establishment of our new business centre comes in the midst of a period of significant change and opportunity in Lolland-Falster. This is not least due to the upcoming permanent Femern connection to Germany, which is bringing a positive wind of change to the region, leading to the establishment of new business areas, among other things, while national business park status is also in sight. Overall, we are seeing increasing activity from investors and developers in Lolland-Falster, so we are gearing up to match demand and ensure specialised local advice, and I look forward to getting started.”
More information
Klaus Andersen
EDC Poul Erik Bech Lolland-Falster +45 5858 8140 • klaus@edc.dk
EDC South Zealand - Næstved +45 5858 8380
Danish Crown’s 70,000 m² premises in Ringsted put up for sale for DKK 120 million
After almost 50 years, Danish Crown’s slaughterhouse in Ringsted closed last summer, and now a new chapter and new jobs are to be created in Ringsted. EDC Poul Erik Bech has been appointed to sell the extensive complex in Ringsted, comprising a built-up area of just under 70,000 m²and a total site area of just under 800,000 m² –equivalent to more than 100 football pitches – comprising a total of 19 buildings across three plots.
Danish Crown’s extensive slaughterhouse in Ringsted is now being put up for sale. Ejner Søby, head of property sales at Danish Crown, says: “We initially chose to put the slaughterhouse up for sale in a bidding round, but none of the bids we received were satisfactory. We have therefore decided to put the properties up for sale in a standard sale at an asking price of DKK 120 million, with EDC Poul Erik Bech continuing to assist us and look after our interests.”
Many potential uses
Helle Nielsen Ziersen, EDC International Poul Erik Bech, says: “Danish Crow’s buildings in Ringsted cover a vast area in a well-located and attractive business park, which has relatively good infrastructure and is relatively close to Copenhagen. It is a historic industrial and manufacturing property that has been an important workplace in the area, and it is now being put up for general sale after several investors had bid in the initial phase. It is rare for properties of this size, location and potential to come onto the market. There are many potential uses, both in terms of new construction on the large site and the use of the existing properties, which have been continuously maintained and upgraded.”
The total site covers 798,318 m²and comprises a production facility consisting of 19 buildings with a total built-up area of 69,709 m². It is divided across three plots, two of
which are undeveloped and account for approximately half of the total area. The property also includes an office building with a floor area of just under 4,000 m² and several large car parks. There is also a private airfield, as a small part of the site is leased to a flying club with a hangar, runway and an adjacent emergency helicopter facility under the National Emergency Medical Helicopter Service.
Attractive commercial areas in Ringsted Thomas Hansen, partner at EDC Poul Erik Bech Vestsjælland, says: “In recent years, Ringsted has established attractive business areas at record speed, where major Danish and international companies have set up shop –including several large warehousing and logistics operators such as GLS, DSV, Esbjerg Gods Sjælland and others, as well as a cluster of machinery trading companies. The area has a strategically important location and stable growth, which continues to make investments in West and Central Zealand attractive.”
“Most recently, Business Park Ringsted has been established along the motorway, hosting a number of large companies. It is only 4 km from the slaughterhouse to the E20 motorway towards Copenhagen, Roskilde and Funen/Jutland, and the forthcoming Fehmarn Belt link will place Ringsted centrally in relation to a north-south transport corridor. This will be attractive to many investors and companies.
Helle Nielsen Ziersen, Head of EDC International Poul Erik Bech hni@edc.dk • +45 5858 8563 Thomas Hansen, Partner, EDC Poul Erik Bech Vestsjælland • thh@edc.dk • +45 5858 8396
Majority of large shopping centre in Northwest Zealand for sale for DKK 75 million.
After 50 years of ownership, the family company, Ejendomsselskabet Vanggaard, has decided to put their part of the large and well-located Asnæs Centre up for sale. The centre is located in Odsherred Municipality, Denmark’s largest holiday home municipality with over 24,000 holiday homes and 4 million overnight stays per year, which is of great economic importance to the local area. The price for the majority of the shopping centre and 19 out of 29 leases is DKK 75 million.
Read more about the Centre: www.asnæscentret.dk
Read more about the case: www.edc.dk/403601072
Mark in your calendar for 26 November at 8-12 X
We will be holding our annual expectations seminar at DI, where we will present the results of our expectations survey and look ahead to how the commercial property market will shape up in 2027. The seminar will be held in Danish.
One of Denmark’s youngest castles for sale: Combining historic charm and luxury
Do you dream of owning a castle? Then the opportunity is here now. Asbølholm Castle, one of Denmark’s youngest castles, has been put up for sale. The castle was built by businessman Jens Dinesen in 1988, who wanted to build a castle like in the old days. The castle has since been renovated and combines historical charm with modern luxury. EDC Poul Erik Bech Triangle Region will broker the sale of the castle with a floor area of 7,392 m² and a price tag of DKK 26.5 million. There are earning opportunities for the future owner - with both a holiday centre and rental of mansion apartments.
Read more about the case: www.edc.dk/603531509
Aarhus-based investor group sells large logistics property in Sorø for a DKK triple-digit million sum
A large and modern 29,477 m² logistics property in Sorø has just been sold for a DKK three-digit million sum. EDC Poul Erik Bech brokered the sale and acted as exclusive advisor to the seller K/S Sorø, an Aarhus-based group of investors. The Danish trading and distribution company MultiLine, headquartered in Sorø, has a long-term lease in the property, and the buyer is the Norwegian property company Erla Eiendom.
A logistics property at Kirkebjergvej 17 in Sorø on a large plot of over 90,000 m² with the possibility of future expansion has just been sold. Ole Blegvad, one of six partners in K/S Sorø who sold the property, says on behalf of the Aarhus-based sellers:
”We have owned the property since its construction in 2008, and we had no immediate plans to sell the logistics property, as we have been very happy with the investment and the cooperation with Multiline as tenant. They initially had 15,000 m² of space, but wanted to expand by a further 15,000 m², which we have expanded over the past year. This means that they now have a total of almost 30,000 m², and when the expansion was finalised, they signed a new, longterm lease.”
”It’s a highly attractive property in a well-established business area with a short distance to the motorway - and a good, stable tenant on a long-term lease. As it is currently a favourable market for industrial, warehouse and logistics properties, together with EDC Poul Erik Bech we investigated the possibilities of selling the logistics property. We were happy and satisfied with the property, so we were only interested in selling if we achieved a satisfactory sales price.
That’s why we ultimately chose to sell, and it has been a great process with our good partners at EDC Poul Erik Bech and with the buyer Erla Eiendom and their advisors NCAP Danmark and ABG Project Finance.”
“
This is a future-proof and scalable property that meets the market’s requirements for efficient distribution. “
Attractive
and future-proof logistics property
The property is fully let on a long-term lease to MultiLine, the Danish trading and distribution company that is part of the international Bunzl Group. The sale was brokered in co-operation between EDC Poul Erik Bech in Aarhus, which knows the seller intimately, and EDC International Poul Erik Bech and EDC Poul Erik Bech Research. Daniel Lundholm, EDC Poul Erik Bech Aarhus Industri, who brokered the sale, says:
”This is a future-proof and scalable property that meets the market’s requirements for efficient distribution. The property is 29,477 m² with 27,487 m² of warehouse, of which 22,880 m² has a ceiling height of 16 metres, and there are 28 gates with ramps for optimal logistics conditions. The volume of the logistics property with its almost 30,000 m² leased to one tenant is also an investment case that many international investors find interesting. Therefore, it was obvious to bring Helle Nielsen Ziersen from our international department on board. The seller is K/S Sorø, an Aarhus-
SOLD
based group of investors who are good customers here in our business centre in Aarhus and who we have worked with for a long time. We are very pleased that we were able to find a buyer that lives up to their expectations.”
Danish and international interest
Helle Nielsen Ziersen, Head of EDC International Poul Erik Bech, who has helped broker the sale and presented the property to a large number of international investors, says: ”There has been good interest among both Danish and international investors, as it is an attractive property. In the end, the buyer was the Norwegian property company Erla Eiendom.”
”The market for warehouse, industrial and logistics properties in Denmark and internationally is characterised by a strong increase in demand. Driven by the growth of e-commerce and intensified interregional trade, for many owners of industrial, warehouse and logistics properties this may be
a favourable time to sell. Traffic volumes across the Great Belt are increasing year on year and the Capital Region accounts for approximately 16% of both unloaded and loaded national freight volumes, with West and South Zealand accounting for 70% of this volume. This emphasises Sorø as a strategic location in the Danish logistics corridor, where demand for modern logistics facilities exceeds supply, so it is certainly an attractive area for investors.”
More information
Daniel Lundholm Business Advisor Industry
EDC Poul Erik Bech Aarhus +45 5858 8670 • dalu@edc.dk
Helle Nielsen Ziersen
Head of EDC International Poul Erik Bech +45 5858 8563 • hni@edc.dk
Infrastructure
and modern
property
characterise local market dynamics
Read EDC Poul Erik Bech’s updated CityFact market reports that show a commercial property market that is clearly changing. Differences are growing, and classic parameters such as quality and usability are crucial for investors. Three trends recur across the reports: infrastructure is driving demand, a clear division between modern and older properties, and investors are becoming more selective in an uncertain market.
Get answerthewith CityFact
Joseph Alberti, Head of Research at EDC Poul Erik Bech, says: ”The overall picture of the commercial property market is positive, although transaction volumes are not on par with last year. But you can’t focus solely on transaction volume. According to the Commercial Realtors’ Industry Data, which we are part of together with other leading commercial property brokers, the number of transactions is actually 11% higher than last year, confirming good activity and high demand in the market. We see a clear move towards a more selective market, where investors are focusing more on quality and long-term robustness. This applies across both segments and regions.”
Infrastructure as an investment driver
Infrastructure plays an increasingly important role in creating value in the property market. Properties with strong accessibility to motorways, public transport and major urban areas experience more stable demand and lower vacancy rates. At the same time, investments in infrastructure are creating new growth pockets, with areas outside the main city centres becoming increasingly relevant to investors.
”Today, infrastructure is one of the most stable drivers of both rental levels and investor interest. This applies not only in the largest cities, but also in the surrounding areas. This is evident in the Copenhagen Vestegn area, where the new light railway ties the area closer together and significantly improves accessibility. As CityFact also shows, this has helped to increase demand across property types in Western Copenhagen,” says Joseph Alberti and continues
”Western Copenhagen is already characterised by strong infrastructure with direct access to the motorway network and S-train lines, which helps attract businesses. The combination of lower rent levels than in Copenhagen and high accessibility makes the area attractive
to small and medium-sized companies in particular, as well as logistics and transport-intensive industries and thus also investors.”
Split between modern and older properties
Another clear trend in the CityFact reports is the division between modern and older properties. New, flexible and energy-efficient properties continue to experience strong demand, while older properties increasingly require repositioning or investment to remain competitive. This creates a differentiated market where the difference in risk and return is becoming more pronounced.
”Across the country, the difference between prime, AAArated properties and secondary assets has become more apparent than before. This places greater demands on investors to be more selective and actively work to improve their portfolios,” says Joseph Alberti.
More selective investors in an uncertain market
A third overarching point in CityFact is that increased uncertainty in the market has led to a significantly more selective investor approach. Investors are now taking a much more methodical approach, delving deeper into rent levels, tenant quality and the long-term robustness of properties. ”It’s no longer enough that the case looks good on paper.
Stability must be documented all the way through the investment horizon. This is also reflected in the return requirements, which are increasingly differentiated across segments and locations. In general, more investors are becoming more thorough and spending more time doing their homework before deciding whether or not to invest,” says Joseph Alberti.
”Properties with secure cash flows and strong locations maintain investor interest, while riskier assets are met with greater scepticism and increased price sensitivity. Overall, the trend points to a market where quality, transparency and predictability have become key parameters. With CityFact, it is possible to zoom in on the local market area and gain an in-depth insight into the factors that drive the commercial property market,” concludes Joseph Alberti.
CityFact
With CityFact you can dive into the commercial property market in specific market areas across the country. The reports are created in collaboration with our local business centres to give you an in-depth insight into the factors driving investment in your particular market area. The CityFact reports are updated twice a year.
Regional growth centre
Aalborg is strengthening its position as a growth centre with population growth, a broad business community and strong educational environments. Demand is high for housing and logistics, and investors are looking for higher returns outside the capital.
Aalborg Aarhus
“We’re seeing an increasing interest in Aalborgespecially from investors looking for stable operations and an attractive level of return compared to the largest markets. At the same time, the development is supported by major investments in infrastructure and business, including the designation as a national industrial park and the development around the harbour areas, which strengthens Aalborg’s position as a regional hub.”
Michael Stilling Partner
EDC Poul Erik Bech Aalborg +45 5858 7151 • stilling@edc.dk
Better balance and rising rents
Aarhus is Denmark’s second largest investment market with strong population growth and a solid labour market. The housing market is still developing positively, with falling vacancies and rising rents, which has boosted activity. Foreign investors are once again turning their eyes to the city.
“Aarhus’ positive development is increasingly attracting both Danish and international investors. We are experiencing a clear movement towards the city. However, limited new construction and continued high demand are creating a structural imbalance in the rental market, which supports rising rent levels and continued investment potential.”
Kent Nielsen Partner and Director
EDC Poul Erik Bech Aarhus +45 5858 7876 • keni@edc.dk
The Triangle Region
Logistics drives growth
The Triangle Region is a central logistics hub with strong population and business development. Investors are focussing on industry and logistics, while the housing market is stable despite increased supply.
“We see investors targeting logistics in the Triangle Region in particular, where vacancy is low and the location offers a real operational advantage. At the same time, interest in residential property remains strong, as investors feel comfortable placing their funds in this segment. Net migration to the area combined with a relatively stable interest rate level creates a secure base for investments in residential rental properties.”
Henrik Troelsen Partner and Director
EDC Poul Erik Bech Trekantområdet +45 5858 7792 • htr@edc.dk
High demand and sharp selection Copenhagen remains the most sought-after investment market, accounting for over 40% of transaction volume. Demand is high - especially for residential property - putting pressure on yields. At the same time, more investors are turning their attention to older properties with development potential.
Copenhagen Copenhagen Western Region
Demand and division Vestegnen continues to see high demand, especially for residential property, driven by proximity to Copenhagen and good infrastructure. However, the market is divided: Modern properties are performing best, while older properties are experiencing increasing vacancy. Retail stands out with low vacancy rates.
“There is still massive interest in Copenhagen, but investors have become much more selective. They’re buying the right assets - not just most of them. At the same time, the market is characterised by structural conditions such as low construction activity and continued population growth, which is helping to keep vacancy at a low level - especially in the residential segment.”
Michael Thodsen Partner, Capital Markets
EDC Poul Erik Bech København +45 5858 8703 • mit@edc.dk
“Vestegnen is no longer a secondary choice - it’s an active choice. Investors are targeting areas with strong infrastructure and relatively higher returns compared to Copenhagen. Investors are targeting areas with strong infrastructure and relatively higher yields compared to Copenhagen, but at the same time place much higher demands on quality and location.”
Thomas Rudlang Partner
EDC Poul Erik Bech Herlev +45 5858 7102 • tru@edc.dk
Odense
Growth and increasing interest
Odense is attracting more investors, driven by population growth, increasing employment and urban development. Demand is particularly strong in housing and logistics, supported by infrastructure and the city’s profile as a robotics and technology city.
“We are seeing an increasing interest in Odenseespecially in housing and logistics, where the foundation is strong and demand is stable. Overall, Odense is a market in positive development with a strong combination of demographic growth, urban development and increasing capital interest.”
Mikkel Ørbech Partner
EDC Poul Erik Bech Odense +45 5858 7382 • mmik@edc.dk
SHORT NEWS
10,697 m² modern logistics property in Skanderborg sold for DKK 74 million
A modern, 10,697 m² logistics property from 2017 at Niels Bohrs Vej 34 in Skanderborg has been sold. The seller of the property, Kruse Ejendomme, has sold the property after their tenant, Toprent, has wound up their activities in Denmark and vacated the property. EDC Poul Erik Bech Aarhus brokered the sale of the logistics property, which was sold for DKK 74 million.
As part of EDC Business’ Buyer and Tenant Directory, you get access to opportunities others don’t see. You’ll be notified of new commercial properties before they hit the market - and of properties that are sold discreetly or without advertising.
EDC Poul Erik Bech is now Denmark’s largest camping broker
With campsites for sale with a total value of approximately a quarter of a billion DKK, EDC Poul Erik Bech has positioned itself as the largest and thus the camping broker with the most campsites for sale in Denmark. Denmark set a record for the number of tourist nights in 2025 and ”coolcation”, winter camping and glamping are more popular, which is one of the reasons why the camping industry is experiencing increasing foreign interest.
Poul Erik Bech succeeds
Mads Øvlisen as the recipient of
the 2026 Danish Business Culture Award’s Honorary Prize
Poul Erik Bech from Denmark’s largest estate agency, EDC Poul Erik Bech, has just been honoured with the 2025 Danish Business Culture Award’s Honorary Prize. The prize, which was introduced for the first time last year with Mads Øvlisen as the recipient, recognises efforts to integrate art into both business and local communities.
Since its foundation in 1978, art and culture have been part of EDC Poul Erik Bech’s identity. Poul Erik Bech has now been honoured with the Honorary Award at the Business Culture Awards 2026 – which was introduced for the first time last year.
The awards recognise individuals and companies that work strategically with art and culture and highlight their valuable potential as part of their business strategy. Merete Otillia Knudsen, Director of the Business Community Culture Award, gave a speech in honour of Poul Erik Bech, and Mads Øvlisen, former CEO of Novo Nordisk and former Chair of the Arts Council, presented the honorary award to Poul Erik Bech.
Extraordinary efforts deserve recognition
Explaining the rationale behind the honorary award, Merete Otillia Knudsen of the Business Community Culture Prize said in her speech: “The honorary award is presented to an individual who, through extraordinary efforts, has brought about lasting change in the intersection of art and business. A life’s work that deserves both recognition and deep gratitude. Some companies are measured in square metres, turnover and growth. Others are also measured by what they leave behind in people – and by the mark they make on culture.”
“This year’s honorary award recipient has, since the late 1970s, insisted that art and business are not opposites – but rather reinforce one another. That economic success is not merely translated into bottom-line figures, but into art and culture. Here, art is not mere decoration. It is part of the company’s DNA. Part of the profits has – through a foundation – been transformed into art, into urban spaces, into experiences and even into an art prize. One town in particular has
benefited from this vision. Varde – the honouree’s hometown, which has been transformed into an open art landscape. Here, art does not require a ticket. It is for everyone.”
Merete Otillia Knudsen continues: “In the company’s nearly 80 shops – and at the head office in Copenhagen – glass art, bronze figures and paintings are a visible part of everyday life. And then there is a tradition that is quite unique. For more than 25 years, employees have been presented with art as a Christmas gift. Every year, an artist is invited to create a work. Most recently, a sculpture by Amalie Jakobsen was erected in Varde and also reproduced as 800 miniature works, one for each employee. That is why, this evening, we are honouring not just an achievement – but a lifelong commitment to making room for art in the business world.”
Energy and joy
Poul Erik Bech says: “Receiving the Business Community Culture Prize 2026, and not least having it presented by Mads Øvlisen, who is a great inspiration to me, is a great joy. Art has long inspired me, and even when I founded the company together with Jørgen Jørgensen, part of the profits was channelled into art. Art has become second nature to me and plays an ever-greater role in my life. Over the past 50 years, our commitment to and passion for art has only grown, and through the EDC Poul Erik Bech Foundation, we award grants every year to promote the arts.”
“Receiving this honorary award gives me an incredible amount of energy and joy, and I imagine many of our staff feel the same way. I am sure that the staff at Varde Municipality on the arts committee, and not least my art historian Mette Kristensen – with whom I conceived the vision 10–12 years ago of making Varde Denmark’s No. 1 City of Art and creating an open-air art museum in Varde – will share in this joy and energy. We have also used art as a unifying force between the municipality’s towns and villages. We are currently working on a project called ‘Art on the Approach Roads’, where everyone arriving in Varde will be greeted by a large-scale artwork. We have developed the art garden ‘Varde Garten’ and created an open-air art museum in the centre of Varde through the installation of sculptures, the decoration of gables, and so on.”
New healthcare and care centres in Vejle:
Just over half of Private Hospital Mølholm sold to the Region of Southern Denmark
Private Hospital Molholm vacated their long-standing address on Brummersvej in Vejle and moved into a newly built private hospital in Vejle Nord in July 2025. The five former hospital properties have now been put up for sale and are being offered individually at EDC Poul Erik Bech Trekantområdet. The largest main building with more than half of the total number of square metres has now been sold for DKK 28.3 million. The buyer is the Region of Southern Denmark, which will house the new health and care centres that the region will be responsible for as part of the healthcare reform.
In the future, citizens can be accommodated at the former Mølholm Private Hospital when they need temporary treatment and care. The Region of Southern Denmark has purchased the former private hospital in Vejle to house the new health and care places, as Vejle Municipality needs to establish more places for the new task, which must be ready for operation from 1 January 2027.
Main building sold Brummersvej 1A in Vejle has a total area of 3,443 m², which corresponds to just over half of the total number of square metres put up for sale of the former Private Hospital Mølholm in Vejle. Henrik Troelsen, Director, EDC Poul Erik Bech Trekantområdet, says: ”There has been great interest in the five properties. The main building has now been sold to the Region of Southern Denmark and we have just sold Brummersvej no. 4, so there are three buildings left at asking prices of DKK 6, 7 and 15 million respectively.”
FOR SALE
”As an advisor, it has been an important priority for us to ensure that we found the right buyer for such a significant and historic property. In a close and professional collaboration, we worked purposefully to find a match that respected both the qualities of the property and the seller’s intentions. We are therefore very pleased that the Region of Southern Denmark is taking over the former hospital property and giving it new life with healthcare and care spaces - in our opinion, this is the optimal solution for all parties,” says Henrik Troelsen, EDC Poul Erik Bech Trekantområdet.
As a former private hospital, Brummersvej 1A is well suited to accommodate healthcare and care spaces, as there are already many facilities and rooms suitable for the purpose. The five properties are owned by KIRKBI, which chose to put them up for sale in connection with Private Hospital Mølholm’s move to new premises.
Henrik Troelsen, Director EDC Poul Erik Bech Trekantområdet +45 5858 8399 • htr@edc.dk
Salling Group has sold Lollands Centret in Maribo in just two months
After many years of ownership, Salling Group decided to put the Lollands Centre in the heart of Maribo up for sale a few months ago. Already between Christmas and New Year 2025, ink was put to paper. The sale was brokered by EDC Poul Erik Bech Sydsjælland and the buyer is An Other Invest headed by Mads Landrok, who already owns a few other shopping centres.
North Jutland’s largest law firm sells office property in Hjørring - and continues as tenants
Sale & Lease Back agreements, where the owner of a building sells and rents the building instead, are not only implemented in the big cities.
HjulmandKaptain, North Jutland’s largest law firm with offices in Aalborg, Aarhus, Frederikshavn and Hjørring, is a good example of this. EDC Poul Erik Bech Vendsyssel has just brokered a Sale & Lease Back agreement on an office property in Hjørring, which has been sold for DKK 15 million.
Large, state-of-the-art office centre or multi-user building to be built and leased in Skejby
A general lack of office facilities for large companies in Aarhus and the surrounding area means that a new large office property project totalling 13,055 m² in Skejby near Aarhus is on the drawing board. At Hedeager 35 in Skejby, close to Aarhus University Hospital, light rail and motorway, a new and ambitious commercial property is being built with special appeal to one or more large companies. Construction will begin as soon as the first tenants are found and EDC Poul Erik Bech Aarhus has been hired for the project on behalf of a large consortium from Aarhus.
Read more about the case: www.edc.dk/812003229
Record number of hotel nights puts hotels on investors’ radar
With 21,006,696 hotel nights in 2025 - more than a million more than the year before - Danish hotels have delivered a historically strong year. At the same time, hotel properties were traded for almost DKK 6.5 billion, corresponding to 9% of the total transaction volume on the Danish property market. This makes the hotel segment the absolute top performer in 2025, but the hotel boom will not end here, predict hotel experts at EDC Poul Erik Bech.
New figures from Statistics Denmark show that the total number of tourist nights in Denmark will reach 65.9 million in 2025 - the highest level ever. Almost a third of these nights will come from the hotel industry.
Hotel specialist, Frans Barkler, Head of Hospitality at EDC Poul Erik Bech, says: ”The new figures confirm what we
are experiencing in the market. Both business and leisure are growing throughout the country. Occupancy rates are above pre-pandemic levels and there is generally a healthy balance between price, volume and costs. We see a general trend towards high-end products, and many hotels are remodelling, adding new rooms or building new wings and facilities to better meet demand.”
”Growth is no longer just concentrated in the summer months. It’s clear that the season no longer stops in autumn. More hotels are able to attract guests in the winter months, which strengthens overall operations. The biggest increase in hotel nights was recorded in January, February and December, with spa and experience-based stays in particular contributing to the development, which helps to extend the tourist season,” says Frans Barkler.
Big increase in hotels
The record number of overnight stays is clearly reflected in investment activity. According to transaction figures for 2025 from Erhvervsmæglernes
Branchedata, of which EDC Poul Erik Bech is a part, along with other leading commercial real estate brokers, almost DKK 6.5 billion was spent on hotels in 2025. This corresponds to 9% of the total transaction volume in Denmark, which is also a new record.
Frans Barkler says: ”When we see the combination of record overnight stays, high occupancy and increasing capital interest, the hotel segment appears significantly more robust than a few years ago. This makes hotels relevant to more investors who have previously been more reluctant. This development
Frans Barkler
is also clearly reflected in transaction volumes, where hotels have increased significantly in 2025. We are also clearly noticing an increased interest among our customers, and we have many new, exciting hotel projects underway with a wide range of customers - both investors, lessees and we also advise owners on developing the business so that they are much better equipped for a future sale.”
Unrealised hotel potential
Although 2025 is shaping up to be a historically strong year, several indicators suggest that the hotel market still has untapped potential. In EDC Poul Erik Bech’s latest expectations survey, which 1,800 respondents from the property industry answered, 10% point to hotels as a potential investment in 2026. This supports the fact that hotels are increasingly included in investors’ strategic considerations on a par with other property types.
”We see more investors recognising hotels as a more mature and professional asset class. The combination of strong operations, longer seasons and professional operators makes the segment appear more predictable than before,” says Frans Barkler.
He also points out that there are still growth opportunities in the existing hotel stock: ”Many hotels can further optimise operations, strengthen the brand or reposition themselves in the market. In the high-end segment, we often see opportunities to increase ADR (Average Daily Rate) by 20-50% if the product and concept are right. At the same time, expansions with new rooms or new facilities can have a significant effect on earnings, which is also something we can advise our customers on.”
”In addition, the record number of overnight stays obviously plays a role. With Denmark’s increasing international visibility, a milder climate than Southern Europe and a growing demand for experience-based holidays, Danish tourism is in a very good position. This creates a long-term foundation - also from an investor perspective. We believe that the hotel market has not peaked yet. On the contrary, we see a segment that still has room to grow - both in volume and quality,” concludes Frans Barkler.
Conversion creates flexibility
Another sign of a mature and dynamic market is the increasing conversion activity. More older commercial properties are being converted into hotels in cities with a strong tourism base. Conversely, hotels are also being converted into residential or other uses if it provides a more optimal utilisation.
”Conversion is about analysing the potential of each property. In some cities, a hotel may be the most value-creating use, while other properties can create more value by keeping, developing or changing function. This flexibility makes the segment interesting from a long-term investor perspective,” says Stephen Berthelsen, chairman of the ho-
More information
Frans Barkler
Head of Hospitality EDC Poul Erik Bech +45 5858 8371 • frba@edc.dk
Stephen Berthelsen
Chairman of the hotel group and partner EDC Poul Erik Bech North Zealand +45 5858 8371 • stbe@edc.dk
EDC Poul Erik Bech’s hotel group
A few years ago, EDC Poul Erik Bech established a nationwide and dedicated hotel group. It is an independent hotel group with brokers from all over the country who specialise in hotels, inns and other accommodation options. This means that we are ready to help you, no matter what type of hotel and where in the country it is. We have insight into the current market and several years of experience in hotel consultancy and are ready to discuss the hotel market in Denmark in more detail.
Read more at www.edc.dk/hotel
tel group and partner at EDC Poul Erik Bech Nordsjælland, and points to a specific conversion case:
”We saw this with the magnificent hospital building in Hornbæk, which we brokered the sale of a few years ago. It is currently being converted into a luxury hotel, CORI Hornbæk Hotel, which will open in the summer of 2026. The project illustrates how historic and characterful properties can be revitalised as hotels and at the same time take advantage of the growing demand for exclusive hotel stays.”
Stephen Berthelsen
In attractive Silkeborg, 72 terraced houses, with a total living area of 7,749 m² and fully let rental properties, have just been sold. EDC Poul Erik Bech brokered the sale of the extensive residential portfolio on behalf of Selected Group. The buyer is Formuepleje, which has purchased the modern residential portfolio Gubsøtoften in Silkeborg for a sum in the low three-digit millions.
EDC Poul Erik Bech has brokered the sale of a property portfolio, Gubsøtoften 1-91 in the Balle district of northern Silkeborg, which was built in 2019 and consists of 72 modern terraced houses ranging in size from 70 to 132 m². The transaction between the seller, Selected Alternatives, managed by Selected Group, and the buyer, Formuepleje, was completed following a process characterised by positive and constructive dialogue.
Tonny Broberg, EDC Poul Erik Bech, who brokered the sale of Gubsøtoften and advised the seller throughout the process, says: “Although major property transactions can often be complex, the sale of Gubsøtoften has been characterised by a constructive and positive atmosphere. As a commercial estate agent, it has been a pleasure to be part of this. There has been a good and constructive dialogue between Selected Group and Formuepleje, and both parties have entered the process with a genuine willingness to reach an agreement and secure a good deal for each other. It is a textbook example of how a professional yet informal collaboration can lead to a strong outcome for both parties.”
Efficient process and execution
Frederik Gundorph Olesen, CEO of Selected Group, expresses great satisfaction with the sale and the process: “First and foremost, we are naturally very pleased and happy with the deal. It is also worth highlighting the way in which the deal came about. The collaboration with both EDC Poul Erik Bech and Formuepleje and their partners has been characterised by mutual respect and efficient execution. It has been a really good process from start to finish, where we quickly found common ground, which created a solid foundation for further negotiations, and that made it all the easier to reach a final agreement.”
Mikael Fogemann, Head of Property at Formuepleje, says:
“With the purchase of Gubsøtoften, we are expanding one of our property funds with modern, high-quality housing that matches the demand we see in the market. For us, the location is truly attractive, and through our active management, the properties will generate good, stable returns for our investors. Silkeborg has developed into one of the country’s strongest housing markets, with significant population growth and persistently low vacancy rates. The combination of high population growth and attractive, well-designed terraced houses makes the investment interesting for us, and we are very pleased with the deal.”
Silkeborg: a truly attractive growth area
Henrik Frost Sørensen, partner and commercial director at EDC Poul Erik Bech Aarhus, who also brokered the sale of Gubsøtoften, says of the area: “Silkeborg is a truly attractive growth area, and the municipality has seen a population growth of 13% over the past 10 years. This means they are in the top 10 in Denmark for areas with the highest population growth. By comparison, municipalities such as Copenhagen and Aarhus have seen growth of around 14%, so Silkeborg is truly an attractive area for many investors.”
He continues:
“The property portfolio at Gubsøtoften 1-91 consists of 72 modern terraced houses built in 2019, comprising 16 two-storey houses and 56 single-storey houses. The modern terraced houses are characterised by light- e materials, functional floor plans and access to private terraces. The area has experienced significant growth in recent years and is now one of Silkeborg’s most sought-after residential areas for both families with children and senior citizens, so there is no doubt that Silkeborg is an attractive area for many investors.”
“
It is a textbook example of how a professional yet informal collaboration can lead to a strong outcome for both parties “
Residential portfolio of 72 terraced houses in Silkeborg sold for a low three-digit million sum More information
Tonny Broberg Project Director
EDC Project Poul Erik Bech +45 5858 8487 • tobr@edc.dk
Henrik Frost Sørensen
Partner and Commercial Director
EDC Poul Erik Bech Aarhus +45 5858 8670 • hfs@edc.dk
Award-winning, organic winery in prime location for sale
With just over 100 commercial wineries in Denmark that are members of the Danish Wine Association (FDV), it’s not every day a winery is put up for sale. Danish produced wine is on the rise and both production and quality are on the rise - as is the international reputation. EDC Poul Erik Bech, who last year sold Denmark’s largest vineyard, has now put Ørby Vingård in North Zealand near Tisvilde up for sale for DKK 13 million.
Vejen Business College goes from school desks to office desks
Following the merger with Vejen Gymnasium og HF, Vejen Business College has sold a 3,829 m² property at Jyllandsgade 11 to K. Hansen Ejendomme, who will establish a new office hotel. The business college will vacate the property at the end of 2026, and the tenants of the office hotel are expected to move in from the turn of the year. EDC Poul Erik Bech Trekantområdet has brokered the sale, which has been put out to public tender.
In mid-March 2026, Engel & Völkers Denmark joined forces with EDC Poul Erik Bech. Now, Christian Metellus, Partner in Capital Markets in Copenhagen, has brokered the sale of Kvistgårdshusene in Kvistgård, North Zealand, on behalf of SF Family Office Real Estate, to two private families. We congratulate both the buyer and seller on the deal.
An increasing number of commercial properties are being sold or let without ever being publicly listed.
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Contact:
Bjørn Gervø, Project Manager, Partner, Commercial Real Estate Agent and Valuer, MDE & John Borrisholt, Director, Partner, Cand.merc.jur. MDE
EDC Poul Erik Bech • +45 4633 3333
5858 7710
Contact:
Mikkel Ørbech, Partner, MDE & Mathias Demant, Head of Letting, MDE
Poul Erik Bech • +45 5858 8200
CONTACT
EDC Poul Erik Bech
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