Rent indices for commercial real estate (Experimental statistics)

Statistical presentation

The statistic is a quarterly compilation of rent developments for commercial leases covering housing, office, retail, and industrial properties.

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Statistical processing

The rent index is based on a sample of leased commercial properties for which rent has been recorded between two consecutive quarters. Commercial properties are covered by a sample of approximately 102,000 leases.

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Relevance

The statistics is primary used as a business cycle indicator by the European Systemic Risk Board and the European Central Bank. Other uses of the statistics is to shed light on developments of rent in the rental market for commercial real estate.

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Accuracy and reliability

It is not possible to quantify the uncertainty in the commercial real estate rent index, as the sample on which it is based was not drawn using simple random sampling.

Rent data is collected on the first day of the first month of the reference quarter, which means that any rent changes occurring later in the quarter are not captured in the survey. This introduces an additional degree of uncertainty that also cannot be quantified.

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Timeliness and punctuality

The statistic is published on the 15th or the first working day thereafter, in the first month after the quarter. Only final indices are published.

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Comparability

The calculation is based on a uniform basis since 2021. The statistics is not necessary comparable with other statistics that cover the same population due to differences in calculation method.

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Accessibility and clarity

The statistics are published in StatBank Denmark under the topic property and rent indices.

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