The Danish real estate market has experienced a reduction in the residential prime yield relative to its peak in 2010. Low cost of debt and risk may have awakened the investors’ appetite, sending the yield down to levels pre the global financial crisis (GFC). In addition, economic and demographic factors could seem to have contributed to a favourable environment for multi-family housing as an investment class. For instance, the rising share of people in the age group 40-59 could, have had a dampening effect on interest rates, due to the higher amount of pension savings in the group. Labour supply remains tight, and wages have been on the rise, with low inflation, enhancing the purchasing power. This has sent the prices to a record high and is currently putting the Danish buyers’ affordability to the test. Going forward, a stagnation of the construction pipeline and a relatively stable development in apartment prices are expected.