SCHIPHOL 20 February 2019 – The take-up of logistics properties in The Netherlands has once more broken a record in 2018. At 2.3 million square meter, take-up was 9 percent above the level of previous record year 2017. The investment market grew even more.
This is the conclusion of INDUSTRIAL real estate partners’ most recent research report, “LOGISTICS REAL ESTATE, Dutch Market Report 2019”. 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.
As ever, the southern regions had the largest share in the take-up, however the two western regions (Amsterdam/Schiphol/Almere en Rotterdam/Haaglanden) showed the largest increase (combined +64 percent). As in 2017, supply decreased, however this was limited by an increase of supply from speculative developments.
The total investment volume in logistics real estate rose with an impressive 75% to an unprecedented level of 2.3 billion euro. Great interest from investors caused prime yields to drop well below 5 percent.
The complete report can be downloaded via this link: Report LOGISTICS REAL ESTATE_Dutch Market Report 2019