This website uses cookies to remember your personal preferences and gather statistics. Click here for more information about cookies.

Yes, I agree No, I do not agree X

Economy

The Dutch economy continued to perform well in 2019, although momentum did weaken during the course of the year. Real GDP growth amounted to 1.7% in 2019, which makes the Netherlands one of the most flourishing economies in Western Europe.

add to My report Added to My report

Public policies

At a local level, a large number of local authorities are continuing to facilitate the transformation of outdated offices for other uses, supported by a lower transfer tax rate for residential property.

add to My report Added to My report

Demographics and social change

The major demographic trends in the Netherlands are population growth, ageing and urbanisation. Due to the ageing of the population, the working age population (15 to 65 years of age) will start to decline from 2021 onwards.

add to My report Added to My report

Technology and Innovation

Corporates experimenting with emerging technologies and the availability of capital for PropTech will transform the real estate industry and the way we work.

add to My report Added to My report

Occupier market

Related to the economic growth and positive outlook, companies are anticipating (further) growth, are more inclined to relocate and are more willing to invest in their office accommodation.

add to My report Added to My report

Investment market

Given the low interest rate environment and the yield spread offered by real estate, investors’ capital inflow into real estate markets remained strong last year.

add to My report Added to My report

Strategic objectives 2019

The Fund has a clear focus on future-proof office spaces, spaces that are defined by their flexibility and their role as meeting places. The offices in the Office Fund portfolio are inspiring places that people like to visit and want to work in.

add to My report Added to My report

Focus on G4

The Office Fund has a clear focus on the G4, the four largest cities in the Netherlands (Amsterdam, Rotterdam, Utrecht and The Hague). At least 80% of the Fund’s invested capital will be invested in these defined core regions.

add to My report Added to My report