NewsCase StudiesEvents

Is Amsterdam Becoming Europeís leading flexible workspace capital?

Also in the news...

International Trade Secretary opens the Global Investment Summit

Secretary of State for International Trade, Anne-Marie Trevelyan, welcomes overseas investors and delegates to the Global Investment Summit in London.

Croatia: providing services and travelling for business

Guidance for UK businesses on rules for selling services to Croatia.

Prime Minister and Bill Gates launch £400m partnership to boost green investment

The strategic partnership with the Breakthrough Energy Catalyst will mobilise £200 million of private sector funding over 10 years.

What is the Superbonus and how to benefit from it, even if you donít pay Italian income tax

Itís recent news the Superbonus 110% has been recently extended to 2023, and this is great if you intend to renovate your home. Superbonus 110% isnít the only available tax break on house renovations; find out how you can save on your taxes whilst renovating your Italian home.

VAT DIRECT REGISTRATION IN ITALY

If you have a VAT number in your EU country and you want to sell to individuals (with no VAT number) in Italy, you are required to have a VAT number in Italy. Back in the days, you were required to set up an entity in Italy or have a fiscal representative located here; this process is costly and develops multiple tax and accounting issues.

Is Amsterdam Becoming Europeís leading flexible workspace capital?

Back to News

With Amsterdam becoming one of Europeís fastest growing tech hubs and a prime business destination for international start-ups and investors entering the Dutch market, it has become increasingly expensive for businesses to establish themselves in the cityís top districts. With limited space due to restrictions on new office development and a highly competitive market in the city, demand for office space in this global hotspot outstrips supply.

Fortunately, a surge in new flexible office centres and the refurbishment of existing locations outside the city has seen serviced and co-working space in Amsterdam flourish in the last few years, according to a report by Instant Offices. Fully serviced office spaces with short-term leases are becoming an increasingly popular alternative to the long-term leases offered by traditional offices, and operators offering co-working, serviced and hybrid space to a diverse range of occupants is on the rise.

Flexible Desk Rates Per Person Per Month

Amsterdam (overall)

€ 569

Centrum

€ 489

Zuid Amsterdam

€ 733

Zuidoost Amsterdam

€ 386

Nieuw-West Amsterdam

€ 250

While shared office space in Amsterdam appeals to start-ups and entrepreneurs looking to scale their businesses in this strategic European location, co-working and hybrid spaces offering the services of traditional private offices have also captured the attention of larger corporates who have begun adding increasing amounts of flexible space to their portfolios. This trend is set to have a significant impact on the market moving forward, establishing Amsterdam as a leading flexible workspace capital in Europe.

Average desk cost in Amsterdam is € 569. With 26% year-on-year growth overall, serviced offices are still one of the most popular options, however, demand for hybrid spaces has surged. Centre growth overall has seen 19% growth from last year, with a large variety of flexible offices catering to everything from individuals to groups of 100 people and more.

Amsterdam Flexible Office Centre Growth YoY

Total Centres

119

Growth: 2017 vs 2018

19%

Serviced

26%

Hybrid

48%

Co-working

25%

Other

1%

John Williams, Head of Marketing at Instant, says

ďWith one of the highest ratios of flexible workers in Europe, rapid expansion of Amsterdam-based flexible workspace supports both a growing workforce and the entrepreneurial spirit of the city, but one of the biggest game changers right now is the uptake in flexible space by large corporates. Demand for this kind of space is set to transform the real estate industry in Europe as it grows even more.Ē


You are not logged in!

Please login or register to ask our experts a question.

Login now or register.