NIBC’s Commercial Real Estate Portfolio shows solid growth in H1 2025

NIBC has reported continued growth in its Real Estate portfolio for the first half of 2025, expanding by 2%, reaching EUR 2,150 million. This growth has been driven by a strategic focus on residential real estate financing, despite continued challenges and strong competition in the real estate market.

The ongoing housing shortage in the Netherlands continues to fuel demand for residential real estate financing, offering significant opportunities for further growth. Internationally, NIBC identifies opportunities in the “Living” sector, supported by fundamental trends such as urbanisation, affordability, increasing rental demand, and demographic shifts. Nevertheless, competition within this asset class remains strong, resulting in continued pressure on margins across all geographies.

In addition to residential real estate, NIBC has delivered growth through the financing of other asset classes, mixed-use developments, and the conversion of existing properties into residential accommodation.

Jan Willem van Roggen, Managing Director and Head of Commercial Real Estate at NIBC, commented: “This year, as NIBC celebrates its 80th anniversary, we reflect on where we come from - and what still drives us today. The world has changed, and so have we, but our original mission remains: supporting growth and rebuilding where it’s needed. These days, that means helping our clients invest in and develop real estate that adds real value - to cities, communities and future generations. We’re proud to support projects that contribute to more sustainable, livable neighbourhoods - and to be a partner our clients can rely on.”

Across its Corporate Banking portfolios, NIBC maintained growth in exposures despite a reduction in financing activity across the market. Through operational optimisation, including the sale of its Shipping franchise and the transfer of the Beequip and yesqar platforms, NIBC has further sharpened its strategic focus on the following core activities: Mortgages, Retail Savings, and financing of Commercial Real Estate and Digital Infrastructure.

To support its growth ambitions and increase brand visibility, NIBC is proud to sponsor the 'NIBC Tour of Holland' cycling event, set to take place in October 2025.

Looking ahead, NIBC anticipates stable economic conditions and moderate growth for the remainder of the year. The Dutch economy continues to demonstrate resilience in the face of ongoing uncertainties, with the housing market remaining strong and house prices expected to continue their upward trend.

NIBC remains focused on supporting its Real Estate clients with tailored financing solutions that align with their long-term strategic goals. The bank’s expertise in real estate financing, combined with its entrepreneurial spirit and reliable processes, positions it well to drive growth and support clients in a dynamic market.

We refer to our published Interim Report 2025 for full details.