A COMPREHENSIVE OVERVIEW OF THE CURRENT DUTCH REAL ESTATE MARKET.
The latest research report ‘Market in Minutes - Economic recovery boosts market dynamics in nearly all real estate sectors' contains several conclusions that can be drawn based on the current developments in the Dutch real estate market.
Key findings
- The Dutch economy grew by 3.1% in the second quarter compared to the first quarter of 2021. This means that recession is at an end.
- The take-up volume in the first half of 2021 increased by 5% compared to 2020, and also by 5% compared to the first half of 2019.
- The take-up volume in logistics increased by a staggering 44% in 2021H1 compared to 2020H1.
- The take-up of retail space was down in 2021H1 compared to 2020H1 (4%).
- The take-up volume for office space was 31% lower in 2021H1 than in 2020H1. However, demand recovered during last quarter: up 19% on 2021Q1.
- 2021H1 was a relatively quiet period for the investment market (€4.7 billion) compared to 2020H1 (€9.1 billion), a decline of 48%.
- Investment volume did grow 29% in 2021Q2 compared to 2021Q1, and 2021Q3 has started promisingly.
- Recent transactions represent an investment volume of €6.2 billion 2021YTD, with the recovery seen in 2021Q2 likely to continue for the remainder of 2021.
Read the full report here.
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