21-01-2015 - The prime rents in the Zuidas in Amsterdam have increased further in the second half of 2014 and are slowly reaching pre-crisis level. The prime rental value on the Zuidas is € 350.- per sqm, an increase of 2.9%. This is shown by the latest research of Colliers International: the EMEA Office Snapshot H2 2014.
The Amsterdam Zuidas is leading the recovery of the prime rents in the Dutch market, which is comparable to the most important business districts (CBD) in Spain and Italy. In other European markets, like Frankfurt and Paris, stabilization of rents can be observed, while the strong rental increase in the CBD of London is filtering through to other major cities in the UK.
These positive developments are also noticeable in the investment market. The prime office yields on the Zuidas decreased by 20 bps. Due to the great interest in the investment markets this trend is noticeable throughout Europe. By contrast, reflective of the weaker economic prospects, prime office yields rose in Moscow and Kiev.
Download the EMEA Office Snapshot H2 2014