Country Report Netherlands Q2-2021
“Demand is slowly shifting from conventional office properties to larger meeting rooms and open-plan spaces.”

Dear readers,

“Right now we are seeing a tremendous boom in demand in residential construction, as in almost all major European cities. Laborious approval processes, new construction regulations and rising construction costs have led to a situation in which scant supply meets high demand, driving up prices significantly at still attractive initial yields for investors.  On the other hand, yields for logistics properties have fallen to a historically low level. Nevertheless, this asset class – like the office property market – remains in high demand. A new trend in relation to office space is emerging, however, as demand remains high but is slowly shifting from conventional office properties to larger meeting rooms and open-plan spaces. The hotel and retail property market is challenging and remains affected by the downturn, although cautious optimism surrounds the return of international tourists. Investors continue to focus on property in prime locations, but uncertainty clouds the future development of the retail sector. At the end of the day, bricks-and-mortar retail is an essential part of the retail landscape, and the right mix of high-street shops and e-commerce will prove decisive.”

Wouter de Bever

Synopsis of Input Variables and Real Estate Economic Situations Q2-2021