Nordicals
Nordicals is Denmark's largest commercial real estate broker chain, operating 24 partner-owned branches and 170+ advisors nationwide. It provides full-service CRE advisory — brokerage, leasing, investment, RICS valuations, Capital Markets and ESG — powered by a proprietary Foresight data platform.
- Company typePrivate
- Founded2019
- HeadquartersAarhus, Denmark
- Headcount101–250
- GTM typeB2B
- OfferingServices
Nordicals firmographics
Firmographics- Name
- Nordicals
- Legal name
- Nordicals A/S
- Website
- https://nordicals.dk
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Nordicals is Denmark's largest commercial real estate broker chain, operating 24 partner-owned branches and 170+ advisors nationwide. It provides full-service CRE advisory — brokerage, leasing, investment, RICS valuations, Capital Markets and ESG — powered by a proprietary Foresight data platform.
- Ownership category
- akta.pro rank
Where Nordicals is headquartered
LocationHeadquarters
- HQ city
- Aarhus
- HQ country
- Denmark
- HQ region
- Europe
Offices11 records
Markets served
Nordicals business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Commercial Property Brokerage: Commission-based brokerage fees for buying and selling commercial properties, including investment properties, office, retail, industrial and logistics properties
- Rental and Leasing Services: Tenant representation and landlord representation services for commercial leases
- Valuation Services: RICS-certified valuations and appraiser valuations for commercial properties
- Capital Markets Advisory: Advisory services for large property transactions and portfolios, including international/cross-border transactions
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction-based brokerage services |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Nordicals product offering
Product offeringCore offering
Nordicals is Denmark's largest commercial real estate broker chain, delivering full-service advisory across buying, selling, leasing, investment, valuation, and ESG through a nationwide network of 24 partner-owned branches. The firm combines local broker expertise with national reach, RICS-certified valuations, a Capital Markets capability for cross-border deals, and the proprietary Foresight data platform for market intelligence.
Product overview
Nordicals is Denmark's largest commercial real estate broker chain operating 24 businesses nationwide with over 170 experts. The company offers a unified full-service platform with multiple integrated service modules including property transaction services (buy/sell/rent), investment advisory, valuations (including RICS-certified), strategic advisory, Capital Markets, Data & Research, ESG services, and Foresight market intelligence products. Key intelligence products include the quarterly MarketForesight magazine and specialized CityForesight modules for cities like Odense. The platform also includes customer-facing tools like a nationwide buyer registry (Køberkartotek) and the Foresight digital analytics platform.
Differentiator
Problem solved
Functional benefit
Brands
- Nordicals Foresight: Digital, data-driven market insights platform providing quarterly MarketForesight reports on commercial real estate trends across Denmark.
- CityForesight
Quantifiable outcome
- Access to off-market properties before public listing
- +1 more outcomes
Companies that use Nordicals
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
Nordicals technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Nordicals partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered major and core.
- VGPmajorNordicals Fyn was chosen as advisor for VGP's large industrial and logistics project in Odense. The project covers 345,000 sqm land area with 112,000 sqm building area for production and logistics, with at least 30% dedicated to modern industry. VGP is a Belgian-owned international property developer present in 18 European countries.
- NRGicoreNRGi and Nordicals formed a green partnership focused on ESG (Environmental, Social, Governance) advisory services for property investments. The collaboration aims to help clients ensure their property investments are future-proofed with sustainability considerations.
- A. EnggaardmajorNordicals Odense was selected by A. Enggaard (in partnership with PKA pension fund) to handle leasing of approximately 10,000 sqm office tower in Banebyen, Odense. Nordicals also handles leasing of commercial units at Pakhuskajen development.
- PKAmajorPension fund PKA partnered with A. Enggaard on The Station project in Odense, with Nordicals handling office leasing for the approximately 10,000 sqm office tower component.
Scale indicators4 records
Recent moves7 records
Expansion highlights6 records
Nordicals competitors and assessment
Company assessmentDirect peers
- EDC Erhverv Poul Erik Bech: One of Denmark's largest commercial real estate brokerages with a nationwide branch network and full-service offerings spanning brokerage, leasing, valuation, and investment advisory. Direct competitor in the Danish CRE market for both institutional and mid-market mandates.
- Colliers Denmark: Global CRE services firm operating in Denmark with brokerage, valuation, and capital markets capabilities (incorporating legacy Sadolin & Albæk). Competes directly with Nordicals for institutional mandates and cross-border investment advisory.
- Cushman & Wakefield Denmark: Global CRE services firm with Danish operations covering brokerage, valuation, capital markets, and advisory. Direct competitor for enterprise leases, investment sales, and large cross-border mandates in Denmark.
- CBRE Denmark: Global CRE services leader with Danish operations across brokerage, investment sales, valuations, and capital markets. Direct competitor with deeper global investor networks for the largest cross-border mandates.
- JLL Denmark (Jones Lang LaSalle): Global CRE services firm with Danish presence offering brokerage, valuation, capital markets, and strategic advisory. Direct competitor for institutional and large enterprise CRE mandates in Denmark.
- Newsec: Nordic-focused CRE services firm with Danish operations covering brokerage, valuation, and capital markets advisory. Direct competitor particularly in Nordic institutional CRE mandates and investment advisory.
- Catella: Nordic real estate advisory group with Danish operations offering CRE brokerage, capital markets, and investment advisory. Direct competitor for investment-focused and cross-border institutional mandates in the Nordic region.
- Savills Denmark: Global CRE services firm with Danish operations spanning brokerage, valuation, and capital markets. Direct competitor for institutional and prime real estate mandates in Denmark.
Regional players
- DEAS: Danish CRE services firm with primary focus on property management and facility services, alongside growing advisory and brokerage services. Adjacent competitor in Danish CRE services with strong overlap in landlord-side mandates.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Nordicals social profiles
Digital presenceNordicals compliance and trust
Trust signalCompliance2 records
Nordicals financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nordicals leadership team
Management profileNumber of profiles
Profiles8 records
Nordicals subsidiaries and ownership
Company hierarchySubsidiaries18 records
Nordicals funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nordicals M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nordicals
What does Nordicals do?
Nordicals is Denmark's largest commercial real estate broker chain, delivering full-service advisory across buying, selling, leasing, investment, valuation, and ESG through a nationwide network of 24 partner-owned branches. The firm combines local broker expertise with national reach, RICS-certified valuations, a Capital Markets capability for cross-border deals, and the proprietary Foresight data platform for market intelligence.
Is Nordicals a public or private company?
Nordicals is a private company. It is classified as management employee owned and is currently operating.
When was Nordicals founded?
Nordicals was founded in 2019. It employs 101 to 250 people.
Where is Nordicals based?
Nordicals is headquartered in Aarhus, Denmark, in the Europe region.
How does Nordicals make money?
Four revenue lines are on record. Commercial Property Brokerage is the primary driver. The others are rental and Leasing Services, valuation Services and capital Markets Advisory.
Who are Nordicals's main competitors?
Direct peers on record are EDC Erhverv Poul Erik Bech, Colliers Denmark, Cushman & Wakefield Denmark, CBRE Denmark, JLL Denmark (Jones Lang LaSalle), Newsec, Catella and Savills Denmark. DEAS is listed as a regional player.
Does Nordicals have an API?
No public API is recorded for Nordicals.