Danish ease of doing business is a key driver for real estate investments
The World Bank's report 'Doing Business 2019' ranks Denmark in the top three of countries to do business in. Especially the ease of dealing with construction permits makes Denmark an attractive place to buy and develop property for international investors.
Denmark takes an impressive third place among the top 10 economies best exemplifying a business-friendly environment and excels in the sub-categories 'Trading across borders' ranking first and 'Dealing with construction permits' ranking fourth. According to another report, PWC's 'Emerging Trends in Real Estate' report, one of the main reasons for the great interest in Copenhagen is the growth in the city's residential property sector. A growth that has been noticed by the international investors.
For partner at Kromann Reumert, Flemming Horn Andersen, Copenhagen has growing potential for international investments. "At Kromann Reumert we have a broad interface with international investors and we experience a growing interest in real estate. There are many legal as well as cultural and practical issues to take into account when businesses or investors are considering buying real estate in Denmark. One of the first things we can help with in this regard, is to make legislation and the market transparent for potential investors," he says.
How to do business in Denmark
Kromann Reumert is Denmark's preeminent international law firm covering all practice areas and sectors relevant to businesses. This enables us to tailor our advice and services specifically to your business needs and seamlessly provide you with "one-stop-shop" advice and services from across legal areas. Read more about 'Doing business in Denmark'.
Read the full World Bank 'Doing Business 2019' report.