The area between Florence and Prato reported the highest prices nationwide for industrial assets (70 €/Sq m versus 65 €/Sq in Milan and 60 €/Sq m in Genoa), as new investments concentrate in the region. With an investment of 150 million €, the pharmaceutical group Menarini will start in September to construct its new plant […]
Despite the uncertainties and the still low occupancy rates, Italian hospitality investments haven’t stopped, as reported by PKF hotelexperts. Investments in 2020 amounted to approximately 1 billion € and might reach 1.5 billion € in 2021, with 100 new hotels in the pipeline.
Amco estimates that new non-performing exposures for 60-100 billion € will impact the Italian banking system in the next two years due to the pandemic. For what concerns hospitality real estate, according to EY, investments will reach approximately 1.5 billion € in 2021, registering a slight increase from 2020 (-68% from 2019). However, transactions are […]
Cbre reports that commercial real estate investments in 2020 amounted to 8.8 billion €, having declined by 29% from 2019 (12 billion €). Foreign investments went from 69% to 58%. However, this doesn’t mean the Italian market lost its appeal, it rather reflects a cautionary approach due to the current uncertainty. The pandemic also impacted […]