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Amsterdam Zuidas
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Photo:Mark Ahsmann / Wikimedia Commons
Wednesday, 24 October 2018 - 10:00
Amsterdam office buildings see largest price increase in the world: report
This year the value of office buildings in Amsterdam increased the most of all cities in the world. In the third quarter Amsterdam offices' value rose by 27.4 percent, according to a report by real estate advisor JLL that will be published in the coming weeks, Financieele Dagblad reports.
Office rents on the Zuidas, Amsterdam's business district, currently amount to about 400 euros per square meter.
This is the first time that Amsterdam exceeds all other top locations in the world in terms of office prices. Madrid came in second place with a value increase of 18.5 percent, followed by Berlin with 15.9 percent and Milan with 13.9 percent.