The total supply of office space in cities of Amsterdam, Rotterdam, The Hague and Utrecht in the Netherlands from January 2011 to July 2020 (in thousand square meters of lettable floor area) has seen drastic changes. While there were around 587.000 square meters of office space in supply in the Hague in January 2019, this number dropped to 282.200 square meters in July of the following year. Amsterdam didn't see as much changes as the other municipalities: in January 2019, approximately 554,000 square meters of office space was on supply in Amsterdam. In July of 2020, this number had changed to 580.200 square meters.
Many European cities witness their office vacancy space decrease, due to the higher level of transactions combined with modest levels of new construction. Two percent of the available office accommodation in Amsterdam in 2016, for instance, was accounted for by new construction. Additionally, the vacant office space has been affected drastically by the COVID-19 pandemic.
Total supply of office space in Amsterdam, Rotterdam, The Hague and Utrecht (Netherlands) from January 2011 to July 2020
(in 1,000 square meters of lettable floor area)
The figures have been taken from several publications.
The source defines 'lettable floor area' as a measurement of the total occupiable floor space taken from the inside surfaces of the exterior walls and/or the mid-line of any shared walls and excludes areas such as common stair wells, toilets, lift lobbies and vertical service ducts
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Dynamis. (August 1, 2020). Total supply of office space in Amsterdam, Rotterdam, The Hague and Utrecht (Netherlands) from January 2011 to July 2020 (in 1,000 square meters of lettable floor area) [Graph]. In Statista. Retrieved October 13, 2024, from https://www.statista.com/statistics/628387/office-space-supply-in-four-largest-municipalities-in-the-netherlands/
Dynamis. "Total supply of office space in Amsterdam, Rotterdam, The Hague and Utrecht (Netherlands) from January 2011 to July 2020 (in 1,000 square meters of lettable floor area)." Chart. August 1, 2020. Statista. Accessed October 13, 2024. https://www.statista.com/statistics/628387/office-space-supply-in-four-largest-municipalities-in-the-netherlands/
Dynamis. (2020). Total supply of office space in Amsterdam, Rotterdam, The Hague and Utrecht (Netherlands) from January 2011 to July 2020 (in 1,000 square meters of lettable floor area). Statista. Statista Inc.. Accessed: October 13, 2024. https://www.statista.com/statistics/628387/office-space-supply-in-four-largest-municipalities-in-the-netherlands/
Dynamis. "Total Supply of Office Space in Amsterdam, Rotterdam, The Hague and Utrecht (Netherlands) from January 2011 to July 2020 (in 1,000 Square Meters of Lettable Floor Area)." Statista, Statista Inc., 1 Aug 2020, https://www.statista.com/statistics/628387/office-space-supply-in-four-largest-municipalities-in-the-netherlands/
Dynamis, Total supply of office space in Amsterdam, Rotterdam, The Hague and Utrecht (Netherlands) from January 2011 to July 2020 (in 1,000 square meters of lettable floor area) Statista, https://www.statista.com/statistics/628387/office-space-supply-in-four-largest-municipalities-in-the-netherlands/ (last visited October 13, 2024)
Total supply of office space in Amsterdam, Rotterdam, The Hague and Utrecht (Netherlands) from January 2011 to July 2020 (in 1,000 square meters of lettable floor area) [Graph], Dynamis, August 1, 2020. [Online]. Available: https://www.statista.com/statistics/628387/office-space-supply-in-four-largest-municipalities-in-the-netherlands/