SCHIPHOL 13 March 2020 – The take-up of logistics properties in The Netherlands in 2019 was roughly equal to 2018 at 3.2 million square meters. The investment market continued its strong growth.
This is the conclusion of INDUSTRIAL real estate partners’ most recent research report, “LOGISTICS REAL ESTATE, Dutch Market Report 2020”. The agency firm, with 3 offices in the Netherlands the only real estate advisor specialized exclusively in logistics and industrial real estate, annually registers all occupier and investment transaction from 5,000 square meters, in co-operation with Bak Property Research.
Probably for the first time, the take-up in the region Rotterdam/The Hague was highest, due to a number of large-scale new-build developments in the regions Bleiswijk/Waddinxveen and Rotterdam. Supply increased for the first time in six years, partly as a result of the strong growth of developments which were not pre-let.
The report pays special attention to the letting of developments which were started without a signed lease contract. Generally, the letting of these developments went well, although there are differences between regions.
The total investment volume in logistics real estate rose by 31 percent to EUR 3 billion euro, reaching another record. High interest from investors caused prime yields to approach 4 percent.
The complete report can be downloaded via this link: Logistics Real Estate Dutch Market Report 2020 – Industrial Real Estate Partners