Dutch real estate has underscored its rebound by becoming the fifth-largest real estate investment market in Europe.
Dutch real estate has underscored its rebound by becoming the fifth-largest real estate investment market in Europe.
'This has never happened before,’ said Bart Verhelst, executive director of capital markets at CBRE. And, next year the long neglected retail property sector in the Netherlands can expect to return to investors’ shopping lists, something which should help to sustain the upward trend in overall volumes, he noted.
Verhelst made the comments during his presentation to PropertyEU's Outlook investment briefing in Amsterdam in early December.
He showed data indicating that while the economic and property fundamentals are less than stellar, they stand up well in comparison with other European markets, and in some respects the Netherlands is performing better.
Investors, both domestic and international, have noted the improving Dutch market conditions, leading to investment volumes rising to €6.7 bn for the first nine months of this year. They will likely hit €8 bn for the full year.
The Dutch residential property is one of the few markets in Europe to offer cyclical opportunities for real estate investors in the current low growth, low inflation environment, Marcus Cieleback, head of Research at German investor Patrizia Immobilien, said in a second presentation.
‘I think one of the challenges for 2015 will be to find properties, given there will be low growth and low inflation for the years to come,’ Cieleback said.
OUTLOOK 2015 ROUND-UP
Click on the following links to watch the presentations by Bart Verhelst and Marcus Cieleback
Go to the Amsterdam Outlook 2015 round-up page for all the videos highlights, presentations and an article on the event.
