The Dutch real estate market demonstrated resilience in the third quarter of 2026 against a challenging economic backdrop. Persistent inflation, a further interest rate increase by the ECB and a ten-year government bond yield of 3.7% continued to put pressure on pricing. Investors and occupiers remain active, but are becoming increasingly selective. While some segments are growing, others are seeing activity decline.

Retail warehousing has proven to be one of Europe's best-performing retail formats in recent years, delivering sector-leading total returns of 7.4% in 2025.