Real estate investment volume at least €15 billion in 2020
Logistics and residential real estate continue to perform well in spite of the coronavirus crisis
The final real estate investment volume will be between € 15 and € 17 billion by year-end 2020, which is more than the €14 and €16 billion estimated at this year’s halfway mark. CBRE is adjusting its forecast for the investment volume for the entire year upwards, based on better results particularly in the logistics and residential real estate sectors in the first three quarters of this year.
The real estate investment volume over the first three quarters of 2020 amounts to € 9 billion. This means 32% less commercial real estate has changed hands compared to the same period last year (€ 13.3 billion). Although this decline is mainly the result of a weak third quarter, the impact of the coronavirus crisis appears to be less severe than previously predicted in CBRE’s Mid-Year Market Outlook.
Historic high investments logistics real estate
Investments in logistics real estate and residential real estate remain popular as ever. In the first three quarters of 2020, € 1.9 billion was invested in logistics and industrial real estate, an increase of 34% compared to the same period last year (€ 1.5 billion) and even a record high. The logistics real estate sector is expected to have a final investment volume of between € 3 and € 3.5 billion in 2020, compared to € 2.5 billion in 2019.
Residential investments up to between € 6.5 and 7 billion
The residential investment volume over the first three quarters of 2020 fell by 35% to € 3.7 billion. The decline is mainly due to a lack of supply. However, CBRE expects to see a change, because the transfer tax for investors is going up starting 1 January 2021 and owners have decided to market their homes sooner than planned. As a result, the residential investment volume is expected to be between € 6.5 and € 7 billion, a decline of 8-14% compared to 2019.
High investor confidence and large portfolio transactions in logistics real estate
The record volume of investments in logistics real estate in the first three quarters of 2020 is a direct result of the strong investor confidence in this sector and a number of large portfolio transactions.
“In these turbulent times, logistics real estate is a stable and safe investment sector thanks to the relatively stable rental incomes and favourable prospects. Many tenants of logistics real estate operating in the food and beverage sector, DIY sector and e-commerce have seen a rise in their turnover as a result of the growth in internet purchases. Investors have taken notice and are choosing to invest in logistics real estate as the most crisis-resistant sector,” explains Jim Orsel, Director logistics real estate at CBRE.
High demand for offices in good locations
Despite the recent rise in infections and the resulting policy measures, CBRE is expecting and experiencing a busy final quarter of 2020. In addition to logistics and residential real estate, a high demand for long-term office leases at both core and core+ locations can still be observed.
CBRE: Post-pandemic recovery underway in European real estate investment market
Dutch real estate investments to recover in second half of 2021
European real estate investment markets rebound in Q2 2021, says CBRE
Growth in e-commerce: extra 1.2 million sq. m. of logistics space needed by 2025
First quarter of 2021 sees more investments in logistics real estate than in residential
2020 record year for residential market
Netherlands is top choice for online retailers looking to expand logistics operations
Record investment volume real estate in final quarter 2020
European investment volumes hold up better than expected amid economic fallout from the pandemic
Legal sector embraces home working
Dutch startups remain the #1 job growth engine
Covid impact on European real estate hits in Q2 2020
Investments in real estate fall by 16%
Interest grows in retail real estate transformation
Volume of investment into healthcare real estate down with 33%, but demand for new locations remains robust
“Write-downs and vacancies around the corner for hotel sector”
Growth of food sector limits contraction of logistics real estate sector
Coronavirus crisis leads to temporary deferment of demand for office space in Amsterdam
Smaller growth expected in Brabant office cities and changes to the function of offices
Real estate investment volumes down by thirty to forty percent
Office market in The Hague remains healthy
Investors remain confident in residential market
Office market now more resilient than during the financial crisis
Demand for office space reaches a new high in the Netherlands’ major cities
2019 new record year for real estate investments in the Netherlands
Another record for the healthcare real estate market: investment volume exceeds one-billion euro
Amsterdam ranked in the top three for legal sector office space
“Start-ups and scale-ups set the tone for the development of future office areas”
“Residential real estate now the largest investment sector in Europe”
CBRE: “Real estate investment in the Netherlands is slowing down”
CBRE: ‘At least 1,000 new sites needed for healthcare property’
“Dutch retail market set for far-reaching changes”
"Vacancy rate for Rotterdam offices halved in a short time"
Record year expected for real estate investments
Amsterdam in European top 3 of cities for international real estate investors
CBRE: “Utrecht growth driven by TMT sector”
CBRE: Investment in Brabant office market essential
Investment volume in Dutch care real estate totals €233 million in H1 2017
Property investment volume H1 2017 to exceed H1 of record year 2016
People perform 10% better in a healthy office
The UK leads the way as most popular destination for retailer expansion in 2017
Dutch election result points to a continuation of existing policies
Record high investment volume in Dutch healthcare real estate
Negative retail trend halted
All time record year for Dutch real estate investments
Renewed confidence from investors in Rotterdam’s office market
Investment volume residential Q1-Q3 2016 on a historic high
CBRE: Vertical building solutions to become increasingly popular for Industrial & Logistic operators across Europe
CBRE: Rental market on the rise in Europe
Continuing strong growth of investments in healthcare real estate
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our websites at www.cbre.nl and www.cbre.com.