ABOUT INDUSTRIAL REAL ESTATE PARTNERS MARKET STILL HAMPERED BY INTEREST RATES As potential sellers are holding out for better yields, while buyers have to contend with current interest rates, parts of the market stand still. Investments in existing buildings, which are also hit with the high Dutch RETT, particularly suffered, dropping by 74%. The majority of investors continue to target value-add or propositions or speculative developments. INDUSTRIAL real estate partners is an independent real estate consultancy company with a strong focus on industrial and logistics real estate throughout the Netherlands. We particularly focus on agency, investments, strategic real estate advice and developments. From our offices in Amsterdam Airport, Rotterdam and Tilburg we cover the important logistics regions. By combining our national scope, expertise and skills, we are committed to providing the best possible services to owners, occupiers, (re) developers and authorities. In 2019, INDUSTRIAL Real Estate Partners joined the IRELS network to offer tailor-made logistics solutions for our clients, across Europe, in cooperation with local partners in the respective countries. Investments by building type (in billion euros) 6 For more info please visit www.IRELS.net LOGISTICS REAL ESTATE Dutch Market Report 5 LOGISTICS REAL ESTATE DUTCH MARKET REPORT 2023 20 24 4 3 2 1 0 2015 2016 2017 2018 2019 2020 2021 2022 2023 new developments existing buildings OUTLOOK 2024 The occupier market may slow down this year, but not substantially. Supply is increasing in some locations, but not in the traditional hotspots. For the coming years we expect stabilization in lease price levels, but as development opportunities become scarcer and more complicated, we foresee further increases in the longer run. Logistics real estate remains a prime investment segment, so when the expected interest rate cuts materialize later this year, we expect the investment market to pick up again. Would you like to get into detail? Scan the QR-code and download our full Dutch Market Report 2024 More info +31 (0)88 989 98 98 or industrial@industrial.nl Logistiekvastgoed 2024 - 41
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