Amsterdam,
08
January
2025
|
16:29
Europe/Amsterdam

Vesteda limits 2025 rent increase to 4.1%

Vesteda has chosen not to differentiate between the social, mid-rental and liberalised rental sectors for its annual rent increase as of 1 July 2025. Vesteda will use the maximum percentage for the liberalised rental sector for all three sectors: 4.1%. This is lower than previous agreements made for the social rental sector (5%) and the mid-rental sector (7.7%).

For most of its rental contacts, Vesteda will use the inflation rate over the annual period March 2024 to March 2025 and apply a maximum surcharge of 1% to this inflation rate. This surcharge is meant to compensate for above-inflation-rate cost increases and to bring rents in line with the value development of the portfolio. “In our current forecast, we are assuming an annual inflation rate of 3.1% and a surcharge of 1%,” says Vesteda COO Michiel de Bruine. However, if the final annual inflation rate in March falls below 3.1%, we will use that lower figure in our rental price calculations. This means that the upcoming rent increase could be even lower than 4.1%.”

Political volatility 
“We are calling for a single regulatory system that is fixed for at least 10 years,” says De Bruine. He believes the ongoing debate in the House of Representatives creates a lot of uncertainty for both tenants and landlords. “It’s quite remarkable that over the past few years politicians have repeatedly changed the system used to determine maximum rent increases. We now have three different regimes for the social, mid-rental and liberalised rental sectors; this is both far from ideal and difficult to explain to our tenants. This is why we strongly advocate a calculation method of CPI plus a maximum of 1%.  For the record, Vesteda has been applying a moderate rent increase policy since 2018.”