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Survey Benelux

By: Language: English Series: EuroProperty ; 1 February 2010,21-25(5)Publication details: 2010Subject(s): Summary: Lower valuations have not triggered an influx of distressed sales in the Dutch commercial property market and many forecast yields falling for prime Dutch office assets. Dutch banks are not responsible for the moribund state of the Netherlands property market, rather sellers' price expectations remain high. Brussels office market stays weak with an official 11% vacancy rate and waning public sector demand. Investors have sought refuge in retail in the face of occupier uncertainty in the office sector. Luxembourg's office market will continue to be tough for the next 12 months but the outlook for commercial real estate investment is brightening.
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Journal article London Journal article L149362 (Browse shelf(Opens below)) 1 Available 149362-1001

Lower valuations have not triggered an influx of distressed sales in the Dutch commercial property market and many forecast yields falling for prime Dutch office assets. Dutch banks are not responsible for the moribund state of the Netherlands property market, rather sellers' price expectations remain high. Brussels office market stays weak with an official 11% vacancy rate and waning public sector demand. Investors have sought refuge in retail in the face of occupier uncertainty in the office sector. Luxembourg's office market will continue to be tough for the next 12 months but the outlook for commercial real estate investment is brightening.