2020 Market in Minutes Q3

Publication

Logistics Market Update Q1

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

  1. 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.
  2. 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.
  3. Total investment volume also remained stable compared to 2019, at nearly €3.2 billion. 
  4. Scarcity within hotspots is leading to a further spread in investment volume, beyond hotspots and out across the Netherlands. 
  5. In an effort to counter the negative impact of Brexit, companies from the UK are seeking to establish a base in the Netherlands. 
  6. The areas with the Netherlands’ two largest ports top The Savills Brexit Ranking for UK interest: Rotterdam and Amsterdam. 

Read the full report