A COMPREHENSIVE OVERVIEW OF THE CURRENT LOGISTICS REAL ESTATE MARKET.
The latest research report ‘Logistics Market Update - Spring 2021' of Savills contains several conclusions that can be drawn based on the current developments in the Dutch real estate market.
Key findings
- The logistics real estate stock grew by 3 million sq m in 2020, while the vacancy rate fell from 6.1% to 5.6%. This indicates continuing interest in logistics real estate in the Netherlands.
- In 2020, over 2.6 million sq m of logistics real estate was taken up. This ongoing demand is causing rents in many regions to rise.
- Total investment volume also remained stable compared to 2019, at nearly €3.2 billion.
- Scarcity within hotspots is leading to a further spread in investment volume, beyond hotspots and out across the Netherlands.
- In an effort to counter the negative impact of Brexit, companies from the UK are seeking to establish a base in the Netherlands.
- The areas with the Netherlands’ two largest ports top The Savills Brexit Ranking for UK interest: Rotterdam and Amsterdam.
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