Onderzoek
Rotterdam Office Market Dynamics, Q2 2024
Summary and analysis of Rotterdam's current office real estate market conditions.
augustus 21, 2024
Contributors:
- Sven Bertens
- Tilly Spierings
Approx. 11,900 sq. m. of leased space was signed in Q2, and while the H1 volume improved y-o-y, the first half year performed below the five-year average H1 leasing volume.
Offices with B/C quality and limited amenities face longer vacant periods in Rotterdam, creating challenges for available supply. Conversely, there is high demand and short periods of vacancy for high-quality office spaces.
The investment market is slightly more positive with more traction in the smaller segment. The largest office transaction in Rotterdam in Q2 will result in the withdrawal of office stock for transformation purposes.
