The struggling Dutch office market needs a haircut of up to EUR 10 bn to restore it to health, according to DTZ Zadelhoff. The figure is based on DTZ's annual survey which indicates that the office vacancy rate in the Netherlands currently totals nearly 8 million metres. This is equal to 16% of a total office supply of some 48 million m[sup]2[/sup].
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
