Bunnik, the Netherlands, 4 November 2010 - The Dutch residential market offered no indications of recovery in recent months. Many municipal authorities have put new projects on hold and have cut planned capacity. Recent studies have revealed that the number of regions in the Netherlands experiencing population decline is growing. BAM acknowledges that the outlook for the Dutch residential market is increasingly gloomy. The number of projects that have been postponed or discontinued is increasing. In addition, current developments are experiencing the impact of waning momentum, declining numbers and a mood of austerity, resulting in yields that are not only reduced, but also take longer to generate.