Looking back on 2020
There has been a decrease for the first time in 10 years with an investment volume of €17.9 billion. Despite that, the crisis has only partially affected the real estate investment market – the most hard-hit sectors were those that faced restrictions imposed by the government, such as hotels and offices. Much has been invested in housing and logistics real estate.
Looking ahead to 2021
We expect the Dutch economy to begin to rebound in 2021, especially toward the second half of the year. The recovery will be stimulated by government spending and recurring imports/exports. We expect a real estate investment volume of around €19 billion across the entire year. There is strong growth in the more affected sectors, driven by the vaccine and reducing of the contact restrictions. A brief reprise in Summer 2020 showed that sectors like hotel and retail real estate can quickly rebound.