The Dutch Outlook 2024 PROVADA Edition by Cushman & Wakefield is specifically for investors and users of commercial real estate. Our insights offer real estate professionals both navigation and guidance in today's complex market conditions.
The balance between liquidity and fundamentals in the property market has not yet been found by mid-2024, but underlying risks such as inflation are fading into the background and some degree of market recovery will start to manifest itself in the second half of the year, albeit in fits and starts.
The Dutch office investment market faced a drop in demand from US office investors, as vacancies have arisen there as employees have continued to work more structurally from home after the pandemic. The office market is the furthest away from recovery compared to the other sectors. In the retail investment market, on the other hand, the last quarters of 2024 are again looking positively as, on the one hand, a major price correction has already taken place and, on the other, the outlook for retailers looks positive as consumers have actually started shopping more. Although the cabinet is now orienting itself towards softening some of the measures to be taken with a view to the business climate, the current intentions regarding regulation of the housing market remain largely intact, even in the new coalition agreement. The logistics and industrial market will anticipate a cautious recovery of industrial production and (re-)exports in 2024 against the backdrop of lacklustre business investment, tightened customs controls in the UK and the need for ships to circumnavigate Africa on the route between East Asia and Europe that has significantly increased transport costs.
Read all about it in our report. To discuss your business opportunities and challenges further, do not hesitate to get in touch.
