Because tenants mainly relocate within the Rotterdam region, new-build elsewhere can cause vacancy. Particularly suburban municipalities and the edge of the city are suffering. ‘Rotterdam is interdependent with, for instance, Capelle aan den IJssel, where vacancy is 29%.’ Will the building therefore cause vacancy in other dated properties in the region? ‘That chance is realistic’, says Leon van Leersum of tenants’ advisor Redept. According to him, the city must ‘remove at the back end what is added to the front’. (Article in Dutch)
