Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}
Workplace Hero large Workplace Hero small

Office market stable factor in uncertain 2022

Jos Hesselink • 04/04/2022
The latest quarterly figures show that the commissioning of office space in the first quarter of 2022 amounted to 185,000 m2.

The commissioning is comparable to the same quarter in 2021 (195,000 m2) and is indicative of the stoic way in which the office market is responding to the current challenging market conditions. The city of Amsterdam remains as popular as an office location, as does Rotterdam.

In the past quarter, market sentiment was mainly determined by the demand for high-quality real estate in prime locations. This is partly because companies want to profile themselves as an attractive employer. Due to a shortage on the market for this type of office buildings, future users will not wait long to decide as soon as there is a new supply. Despite the lockdown, rapidly rising inflation and mounting geopolitical tensions. Approximately 49% of the take-up was realized in the G5 and endorses the search for these locations.

Green light for the economy

According to the Central Planning Bureau, the economy will continue to grow by 3.6% in 2022 at a historically low and barely increasing unemployment. Jos Hesselink, Research Lead Netherlands at Cushman & Wakefield: “This means that organizations must continue to present themselves as an attractive employer in order to be successful in the war for talent. Although the purchasing power of the Dutch will fall sharply in 2022 due to sharply increased prices for energy and foodstuffs, the signals for the economy remain positive. This is highly dependent on the duration of the military conflict in Europe's breadbasket on the one hand and Europe's main energy supplier on the other."

Office users have learned lessons from the past two years and have adopted an office strategy that makes them more resilient to stressful situations. The take-up by sector underlines the stable development in the office market and is in line with their long-term averages.

Kantooropname Q1 2022

Amsterdam remains as popular as ever

The largest transaction concluded in the first quarter of 2022 concerns the lease of 6,500 m2 by the municipality of Rotterdam in the Groot-Willemsplein office building in the center of the port city. Also in the center, but in Amsterdam, the online auction website Catawiki is renting approximately 4,000 m2 in the former V&D shop on Kalverstraat. In the immediate vicinity of financial service provider Adyen, which recently moved into use of the former Hudson's Bay building, Catawiki is further shaping the Amsterdam inner-city fintech cluster. Finally, online communication platform Trengo signed for the lease of 4,000 m2 in the recently completed Central Park building, right next to Utrecht Central Station.


Current Marketbeats

Rotterdam station area, Netherlands
Netherlands Office Data

Office Marketbeat is a summary of the Dutch office property sector providing comment on recent trends as well as market data and analysis.


Rotterdam port, Netherlands
Netherlands Industrial Data

Industrial Marketbeat is a summary of the Dutch industrial property sector providing comment on recent trends as well as market data and analysis.


Foodhallen, Rotterdam
Netherlands Retail Data

Retail Marketbeat is a summary of the Dutch retail property sector providing comment on recent trends as well as market data and analysis.



Get in touch with one of our professionals.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All