It has been more than fifteen months since the Prime Minister of the Netherlands announced the first lockdown.
Politicians and economists wasted no time sharing their concerns about potential consequences for the Dutch economy and commercial real estate. A strong economy is vital for the real estate market: the better an economy performs, the more the real estate market thrives.
In order to analyse how the Dutch real estate market has responded to the eighteen-month-long pandemic, a number of economic parameters are of primary importance: GDP is an accurate reflection of the economic health and stability of a country and its businesses; developments in the number of businesses and bankruptcies provide insight into the quantitative potential demand for commercial real estate, and – lastly – business confidence provides insight into sentiment among users of commercial real estate. What do these parameters say about the recovery of the Dutch economy and thus about the state of affairs in the various real estate sectors?
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