Amsterdam is a dynamic and culturally rich capital that’s also the business centre of the Netherlands. It is globally significant, home to over 180 nationalities and 2,700 international companies, thanks to its highly educated workforce, dynamic living environment and robust economic climate.
Amsterdam
It is a leading European financial and tech hub and as a result, has a high quality of life and diverse citizenship. In 2024, Amsterdam’s population was approximately 932,000 and is projected to reach over 1 million by 2030. This steady growth underlines the city’s popularity and international status.
Amsterdam
Zuidas
The Zuidas is the Central Business District of Amsterdam and the Netherlands’ prime business location.
High-quality office space, prestigious tenants, exceptional accessibility and proximity to Schiphol International Airport make it an attractive district.
With high demand and limited supply, vacancy rates are at less than 5%. This scarcity drives some of the highest rents in Amsterdam – the latest lease transactions in WTC Tower Ten command up to €600 per sqm.
Competition
and Demand
The low vacancy rate in the Zuidas is expected to remain stable due to a limited supply pipeline and rising demand for grade A office space. This stability supports a positive outlook. The key demand drivers over the coming years will be:
- ESG considerations: tenants are increasingly prioritising Environmental, Social, and Governance factors.
- Workplace experience: demand is driven by the need for enhanced workplace environments.
- Prime location: central, well-connected locations remain highly attractive.
- Hybrid working: flexibility in working arrangements continues to be a crucial factor.
- Smaller tenants: a trend towards smaller lease transactions for high-quality offices.
Well House spaces start from 500 sqm LFA, perfectly catering to current tenant requirements. Well House will therefore implement a multi-tenant leasing strategy, targeting typical occupiers with space requirements ranging from 500 to 3,000 sqm.
