Dutch real estate investment soars, logistics leads the way

According to research by the Netherlands Investment Research Institute, investors have increased the amount of money they put into Dutch commercial real estate by 44% in the past six months. CBRE GroupCompared with the first half of 2023.

Total investments amounted to 4.5 billion euros, compared to 3.2 billion euros last year, the lowest figure in the past 10 years.

As tourism takes off again after the coronavirus pandemic, hotel investment has surged nearly sixfold, CBRE’s Eric Langens told Broadcasting company NOS

Offices are also being converted into hotels, especially in Rotterdam, CBRE said.

Around a third of the 4.5 billion euros invested in the first half of this year went into the logistics sector, which includes distribution centers and car parks.

Growth was slower in the office and residential real estate sectors. “Many investors are reluctant to invest in office buildings because of concerns about the potential impact of hybrid office models,” said Langens.

CBRE said residential property investment was up 71% from 2023, but much of that was due to transactions involving existing buildings.