Net office yield vs 10-year government bond yield in the Netherlands 2010-2022
The initial yield of office space in the Netherlands, Amsterdam has decreased steadily since 2010 and between April 2019 and April 2022, it stood at 2.61 percent. In comparison, the 10-year yield for government bonds was more volatile and fluctuated between 3.25 percent and -0.05 percent during the same period. As of April 2022, the yield-bond spread was as low as 1.4 percent, and according to the source, this poses the question whether investors will continue to accept lower returns or returns are going to rise.
