Amsterdam the choice for European expansion
Malcolm Hollis LLP, a commercial real estate consultancy firm from the UK, will be opening an office in Amsterdam in August. This will be its second office on mainland Europe.
Malcolm Hollis, whose customers include institutional funds, property developers, and private investors, opened its first mainland Europe office in Spain in September of 2015. It also has 17 offices in England, Wales, Scotland, and Ireland.
According to Malcolm Hollis partner Jamie O’Brien, who is overseeing the firm’s European expansion, “Improving economic performance in 2015 has meant that the Dutch commercial property market has been maturing, with industrial and office stock performing strongly.” He also mentioned that the Dutch retail sector is seeing increasing interest from international brands. “We hope that this will be the second of many offices in mainland Europe for Malcolm Hollis,” he said.
The Amsterdam team will be headed up by new partner Roland Verniers, who will join Malcolm Hollis with a wealth of experience and local contacts.
A solid real estate market
The Amsterdam Metropolitan Area, located in the centre of the European marketplace, is one of Europe’s five most stable and successful regions. This means that it also offers attractive investment opportunities in terms of real estate, from small-scale developments to huge new projects.
Property prices are still modest, though steadily rising. Return on investments in residential real estate is solid and low risk, and the redevelopment and transformation of office space is actively stimulated.
In recent years, Amsterdam has invested considerably in its physical and digital infrastructure, cultural facilities, and public spaces. This has made the region increasingly appealing to startups, companies, and cultural institutions.