Jones Lang LaSalle analysts in the Netherlands presented the latest edition this week of their 'Dutch City Reports', their half-yearly review for users and investors of the key indicators in the real estate markets of Amsterdam, Rotterdam, Utrecht, The Hague and Eindhoven. Key findings included rising top rents, above average demand, reduced supply and stable initial yields in the office markets of the five large cities.
Jones Lang LaSalle analysts in the Netherlands presented the latest edition this week of their 'Dutch City Reports', their half-yearly review for users and investors of the key indicators in the real estate markets of Amsterdam, Rotterdam, Utrecht, The Hague and Eindhoven. Key findings included rising top rents, above average demand, reduced supply and stable initial yields in the office markets of the five large cities.
Take-up volumes in Amsterdam, Rotterdam and Utrecht in the first half of 2007 remained above average for the last five years, although lower than for the same period last year. Demand in The Hague and Eindhoven was greater than for the first six months of 2006. Top rents were on the rise in the first half of 2007 in all five cities. Following strong supply growth in the previous five years it fell slightly last year, and so far in 2007 it fell further in all cities apart from Utrecht. Greatest reductions in vacancy percentages occurred in Amsterdam (from 16.7% to 13.3%) and The Hague (from 6.7% to 5.1%).
