While in many areas of the country businesses have had to cancel construction plans, the appetite of investors for Zuidas office space remain high.
International firms continue to choose the Zuidas
The fact that the Zuidas district bucks a national trend has been picked up by many media outlets, such as the Financieele Dagblad (in Dutch). In an interview with the Dutch newspaper, Klaas de Boer, Director Amsterdam Development Office Zuidas, explains, “The vacancy rates have dropped significantly from 8% to 6.5%. This is extremely low compared to the national average of 15%.”
Examples of international companies that recently established or expanded their offices in the Zuidas district include South Stream Transport, which signed a lease for approximately 4,200 m2 in the UN Studio building for its new European headquarters. Also CRH, a leader in construction materials, has committed to 1,600 m2 in The Rock as its new regional headquarters.
Zuidas: the financial district of Amsterdam
The Zuidas is a modern, easily accessible city district, with plenty of space for living, working and entertainment, all encompassed in a cosmopolitan and world-class setting. The area is just six minutes by train away from Amsterdam Airport Schiphol and less than 10 minutes by tram and metro from the historical city centre of Amsterdam. Many financial and business services companies are located in the Zuidas, including Accenture, ING Group, Akzo Nobel and Baker & McKenzie.