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Successful determinants for solving vacant office buildings the Netherlands and Amsterdam

Brink, Jordi van den (2018) Successful determinants for solving vacant office buildings the Netherlands and Amsterdam. Pre-master thesis.

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Abstract

The recent economic crisis left some scars in the Dutch office market, what reflected in record high vacancy rates. Vacancy directly affects the landlord and indirectly affects the society due to deterioration. This research aims to find an answer on what the successful determinants are for solving office vacancy in the Netherlands as well in Amsterdam. Their relation is elaborated. This research is completely based on secondary data and consults the content analysis. It connects academic concepts with practical implications as described in governmental- and real estate agencies reports. The high amount of vacancy was predominantly reached through non-transparency and speculative building. Both markets show reductions in the amount of vacancy. The Netherlands recovers gradually, while Amsterdam recovers quickly due to urbanization. This recovering indicates the third phase of the office cycle, where oversupply adjust to the demand. By complete adjustment, the next phase starts and indicates an equilibrium market.

Item Type: Thesis (Pre-master)
Degree programme: Real Estate Studies
Supervisor: Lanen, Sander
Date Deposited: 23 Apr 2020 05:27
Last Modified: 23 Apr 2020 05:27
URI: https://frw.studenttheses.ub.rug.nl/id/eprint/1415

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