JOIN US AND
Be equipped to deal with the latest trends and developments
How does the World’s focus on climate affect real estate? In what way will changes in how the Danes live and work effect the demand for housing and business?
As a member of the Danish Property Federation you will not only have numerous benefits – you will also stay on top on the latest developments in politics, technology and demographics.
Our members are part of both the international and Danish real estate community, and as a member you get the best market insights. You will also benefit from having access to Denmark’s largest CRE database.
• You are part of the industry’s voice in Parliament
• Profound market insights
• Access to the largest CRE database including vacancy rates, rent levels and total returns
• Possibility to expand your network in Denmark
The voice of real estate
The Danish Property Federation is the principal body consulted directly by the Danish Government regarding proposed legislation and politics. The Federation provides the government and regulators with knowledge to make better decisions benefiting both our members and the economy.
Principal areas of policy
- Commercial property law
- Residential property law
- Planning and Construction
- Energy and Environment
- EU Affairs
- The Federation publishes the professional magazine Ejendom (‘Property’) 4 times a year with articles written by various specialists
The Federation represents the private property owners’ and managers’ interests by means of contact with politicians and the media. The Federation is also the principal Body consulted directly by Government about proposed legislation affecting the private property industry.
The Federation monitors all relevant proposals for legislation to ensure that members are well informed and advised on developments affecting the Danish property industry. Formal written submissions are backed up by frequent meetings with members of the Government and Parliament. The Federation also maintains contact with organisations representing other sectors of the property industry and its customers.
Close links are maintained with the media, enabling the Federation to represent the interests of the members on television, on the radio and in the national and trade press. The Federation also maintains contact with organisations representing other sectors of the property industry and its customers with a view to promoting mutual understanding and co-operation wherever possible.
Membership of the Danish Property Federation gives access to a number of services.
One of the main tasks of the Federation is to improve the members’ knowledge so that they are well prepared for their business. The Federation runs a private education on laws and regulations of private property and on property management, and it promotes the establishment of the public Danish education on property investment and management. The Federation also runs a hotline where members free of charge can get legal advice on issues concerning commercial and residential property.
The Federation holds meetings, seminars and several Annual Conferences for the exchange of ideas and information in the property industry.
The Federation initiates and supports research and development activities on property investments. The big Danish property investors the Federation has created the system of benchmarking for costs and returns on Danish property investments (Dansk Ejendomsindeks). In co-operation with Danish property brokers the Federation runs a statistics on vacant commercial property.
New taxation – lagerskat – in Denmark
To finance an earlier retirement a new taxation has been proposed. It’s a yearly tax on the gains in value – as opposed to the current tax on value gains, which is enforced, once properties are sold.
The new taxation requires companies to pay taxes based on value gains that are not associated with any cash earnings. The new tax will therefore affect the cash-flow negatively. Based on historical records, the tax from value gains could amount to as much as 20-40 per cent of the companies’ yearly base profits – before instalments on loans, investments etc.
The new taxation also requires companies to perform yearly value evaluations. Estimates by EjendomDanmark point to extra administrative burdens in the range of 1.000 M. DKK. More than the expected tax revenues associated with the new tax (850 M. DKK). If the new taxation method is applied, EjendomDanmark strongly support a higher threshold value for which companies are affected, as the burdens of the new tax are disproportional heavier for smaller firms.
The new taxation method will be an impact for both domestic and foreign companies operating in the Danish property market – no matter how they structure their organization today.
The Danish Property Federation – Vacancy
The Market Statistics – Vacancy will be published on a quarterly basis starting July 2015 and is free of charge.
The Danish Property Federation – Consensus Forecast
The forecasts are based on data collected and released by the Danish Property Federation. The objective is to create a more transparent property market. The Consensus Forecast is published on a quarterly basis starting first quarter 2011. It is free of charge.
Brief History and Role
The Danish Property Federation has its origin in 1860. The Danish Property Federation is the trade association of the Danish property industry, representing owners, investors and managers of commercial and residential property.
The Federation’s role and purpose is to assist its members in their aim to sustain and expand their businesses. Members will seek to work in a spirit of partnership with occupiers to meet their requirements and add value to their businesses. The Federation will identify issues of private ownership and management of property, particularly those of legislative or regulatory nature. It will consider their implications, obtain the views of members, agree the industry’s response and promote it to Government and other regulatory bodies.
In addition, the Federation will seek generally to create a better appreciation by Government and the public of the important contribution made by property industry to the economic and social well being of the nation.
The Federation is governed by the National Congress, which is a statutory body. The National Congress makes decision yearly about the policy and budget of the Federation and chooses the members of the Board. The Federation frequently establishes ad hoc working parties made up of members to look at subjects of particular interest.
The Federation represents 2,000 individuals and 1,500 companies who own and manage commercial property and apartment buildings in Denmark. The companies are:
- Property investment companies
- Property development companies
- Property management companies
- Real estate mortgage companies
- Pension funds
- Insurance companies
- Major private and public corporations with important property interests