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Primary rent costs for warehouses in the Netherlands, by city 2014-2019

In 2019, primary rental rates per square meter for warehouses of more than 5,000 square meters were higher in Rotterdam than in Amsterdam, Venlo and West Brabant. As of the second quarter of 2019, these costs reached 68 euros per square meter in the Dutch port city. Warehouse costs in Amsterdam were roughly the same: 65 euros per square meter. Due to the small size of the country and the relatively high connectivity to the big cities, there is less of a need for urban distribution centers (DCs) like in London or Berlin. In 2018, the highest take-up numbers were therefore not reached in the big cities or even Schiphol International Airport. Most take-up of logistics property could be found in the south of the country: the Venlo-Venray-Eindhoven area along with Western Brabant (Breda-Moerdijk-Roosendaal).

Which warehouses can be found in the south of the Netherlands?

Most of the logistics property in the Netherlands was taken up for third-party logistics behind European retailers and e-commerce companies. Many international brands opened DCs in the country. Venlo, for example, supplies European fashion brands Michael Kors, Tommy Hilfiger, Calvin Klein and Under Armour via Trade Port Venlo Noord. Lidl opened its European e-commerce DC close to the city of Roosendaal in 2018. Other areas outside of the big cities are also gaining interest, however. Spain’s Inditex (the company behind Zara, Pull&Bear and Berschka) are to open a logistics center in Lelystad (east of Amsterdam and north of Utrecht) in 2019.

Bigger = better?

As of 2018, demand was highest for medium and large sized logistics property. Just three percent of total demand for logistics property in the Netherlands in 2018 was for properties of 5,000 square meters or less, whereas roughly 85 percent of demand was for properties of 10,000 square meters or more in the Netherlands that same year.

Annual primary rent costs for warehouse space in the Netherlands from 2014 to 2019, by city

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Source

Release date

February 2020

Region

Netherlands

Survey time period

Q4 2014 to H2 2019

Special properties

the figures have been taken from several publications. Figures for years 2014 to 2016 were previously published by the source

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Statistics on "Logistics property in the Netherlands"

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