Statistical presentation

Data description

The rent indices for commercial real estate shows the change in prices for rented commercial real estate in Denmark for residential, retail, offices and industry units. It is a fixed basket index that measures the quarterly change in rent for property units for rent that are privately owned by persons or businesses.

Classification system

The rent indices for commercial real estate is group by its commercial use: residential, retail, offices and industry.

Sector coverage

Commercial real estate in Denmark.

Statistical concepts and definitions

Base period: A base period serves as a benchmark for future periods, allowing for a reference point for comparison over time. When compiling indices, the base period is typiacally set to an arbitrary level equal to 100. This makes it easy to calculate a percentage change over time.

Chained index: A chained index measures the change in prices in a collection of price indices for multiple periods, where the calculation of each price index (“link”) contains different baskets of goods. Each “link” in a chained index has in addition to the specific basket of goods (and weights) contain its own price reference period, where each new basket of goods (and weights) is used.

Index reference period: The period in which the chained price index is scaled to 100. Typically, the index reference period is for one year. The index reference period affects not only the calculated change in the price index (when one disregards rounding differences in the published index).

Statistical unit

Property units.

Statistical population

The statistical population cover commercial real estate used for residential, retail, office or industry purposes.

Reference area

Denmark.

Time coverage

The statistics covers the time period from 2021 to the present.

Base period

2021=100.

Unit of measure

Index values and percentage change.

Reference period

The weightreference periode is 4th quarter 2022, the index reference period is 2021 and the price reference period is the previous period.

Frequency of dissemination

Quarterly.

Legal acts and other agreements

Not applicable for this statistic. An regulation by the EU is underway and expected to be implemented in 2025.

Cost and burden

Not relevant for this statistics since data is already collected.

Comment

Additional information can from the statistics subject page or be obtain by contacting Statistics Denmark.