Savills opens in Utrecht, the Netherlands

International real estate advisor Savills has today announced that it will be opening a second Dutch office, in Utrecht, to support the rapid growth of the business in this region as the Netherlands consolidates its position as one of Europe’s most popular real estate markets.

Savills has had an office in Amsterdam for 20 years, employing 110 people and providing its clients with real estate advice across all sectors and areas of expertise; including investment, agency, valuations, property management and building and project consultancy.

From 1 March 2018, Savills will be able provide its clients with the same level of service from its new World Trade Center location in Utrecht.

Wouter Stevens, Director of Agency, Savills the Netherlands, says: "The supply of office space in Amsterdam has declined sharply and rising rents are forcing some occupiers to consider Utrecht, where there are more numerous options of Grade A office space and a healthy pipeline of stock. The city is further enhanced by the transformation of the central station area and the talent pool, which is created by the city’s world renowned university. Our success in Amsterdam is largely thanks to our extensive knowledge of the local market.  And having a team on the ground in Utrecht, in an exceptionally central location at the World Trade Center, will only allow us to continue to provide the very best service to our clients.”

Clive Pritchard, Head of Savills the Netherlands, comments: "We have distinguished ourselves in the Amsterdam market as highly reputable advisors with a global network and excellent local knowledge. Utrecht is a rapidly growing city with huge appeal to investors and occupiers from here and abroad and, with teams working closely with both our Amsterdam office and our global business, we intend to support our clients with their real estate requirements and thrive in this market."

According to Savills research, the strong fundamentals and stable economic climate of Dutch commercial real estate are the key drivers of its ongoing popularity, leading to another record-breaking year in 2017 and positive outlook the coming years.