A 'perfect combination' of rising demand and limited supply exists for rental properties in the Netherlands, according to Boris van der Gijp of Syntrus Achmea Real Estate & Finance.
A 'perfect combination' of rising demand and limited supply exists for rental properties in the Netherlands, according to Boris van der Gijp of Syntrus Achmea Real Estate & Finance.
A set of strong cyclical economic drivers and structural trends are reinforcing demand for rental property in the Dutch market, Van der Gijp said during PropertyEU´s latest Netherlands Investment Briefing.
´When I look at the cyclical driver it is the recovery in the Dutch economy that will really help investors,´ Van der Gijp said. ´When I look at the structural element I see really strong demographic growth in the future. We have a new generation - Generation Y - that doesn't care about ownership anymore. They are looking for rental apartments, just like a growing number of elderly people, they all want to rent.'
He added: 'We see fast growing demand for rental properties, and a limited amount of residential units - a perfect combination for investors.'
Van der Gijp was commenting during the investment briefing, which was hosted by CBRE Global Investors in London on 21 May.
Click on the link for this interview and others from the Netherlands Investment Briefing