Dutch market most resilient in Europe in 2020
Savills has predicted that investment into the Dutch real estate market will have only declined by 10 percent in 2020, compared to the country’s average annual investment volume. The drop is significantly less than most European countries, making the Netherlands the most resilient market in Europe for 2020.
According to Savills’ Market in Minutes Fourth Quarter 2020 — The Netherlands report, the primary reasons for investors choosing the Netherlands are the transparency of the market and the stable political and economic situation. The country seems to have been less severely affected by the economic impact of the COVID-19 crisis than many of its neighbours, in terms of unemployment rates, investments and exports. The consultancy says that this is partly due to the country having a strong economy prior to the start of the crisis, as well as the provision of large-scale financial support packages by the Dutch government during the first and second waves of the p