Lease renewals rise in Dutch office market: Savills

Lease renewals accounted for 32% of the Dutch office leasing markets in Amsterdam, Rotterdam, Utrecht and The Hague in 2009, compared to 14% in 2008., according to Savills, The international real estate adviser says existing tenants are postponing relocation in an effort to focus on cost saving, while new tenants are taking advantage of incentives offered by landlords.

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