There are two reasons for this growing real estate market. First, the expanding e-commerce sector in the Netherlands led to more demand of logistics space. E-commerce expenses nearly doubled between 2014 and 2017, reaching 22.5 billion euros in 2017. In the second quarter of 2018, roughly 54 million online purchases were made within the Netherlands (excluding purchases from foreign retailers such as Amazon or AliExpress). Second, the Netherlands is considered an important hub in the logistics chain behind retailers and e-commerce companies for the whole of Europe due to its geographical location. The number of processed containers in the Port of Rotterdam, for example, has seen an increase. About 65 percent of the logistics market was taken up by third-party logistics providers like Kuehne + Nagel, with another 27 percent taken up by retailers for their own logistics services, such as Inditex (Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe) with a DC in Lelystad.
Logistics hotspots in the Netherlands are, unlike the UK or Germany, not located in or close to major cities. Due to the small size of the country and the high connectivity to the big cities, there is less of a need for urban DCs like in London or Berlin. In 2018, the highest take-up numbers were not reached in the cities of Amsterdam, Rotterdam or even Schiphol International Airport, but in the south of the country. Venlo, which supplies European fashion brands Michael Kors, Tommy Hilfiger, Calvin Klein and Under Armour via Trade Port Venlo Noord, reached a take-up of 404,500 square meters, followed by Eindhoven (314,500 square meters) and Tilburg (222,500). The southern provinces of the Netherlands are popular hotspots for logistics property because rent prices are lower outside of the cities and commercial real estate construction outside of the provinces of Zuid-Holland (Rotterdam, The Hague) and Noord-Holland (Amsterdam) has increased.