Dutch market compares favourably through crisis
The Dutch property market emerges favourably from a comparison of the performance of some of the major European markets through the ongoing health crisis.
As Dennis Schoenmaker, associate director, research and strategy, AEW explained in a presentation at Real Asset Media’s European Outlook 2021 – The Netherlands investment briefing on Thursday, at Q4 2020 the Dutch economy was closer to pre-Covid GDP levels that France, the UK or, collectively, the Eurozone countries.
On a risk-adjusted basis the property markets in Dutch cities acquit themselves well too, particularly the logistics markets of Amsterdam and Rotterdam and the office markets in Utrecht and Amsterdam.
“Unsurprisingly, retail is struggling albeit it is doing better than it was, mainly due to the repricing that we have seen in the market.”
Click on the video above to watch the full interview or listen to the podcast below.