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Amsterdam Office Market Profile - Q4 2011

Q4 take-up totalled almost 80,000 sq m which brought year end leasing volumes to 214,000 sq m. There were some notable deals in the market during the final quarter, including TMF Group taking 10,000 sq m and ING Bank taking more than 20,000 sq m. The latter is representative of current market dynamics as the bank will be consolidating down from five buildings into one modern building in the sub location South East. The 32,000 sq m of existing space they are vacating will be released back to the market over the medium term.

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