Edición: Italy

The Italian Real Estate Market in December

PwC estimates that the financial market will likely register the real impact of the pandemic in 2021. Moratoria, guaranteed loans and redundancy funds have supported the economy so far, avoiding banks’ NPL stocks to grow in excess. For this reason, 2020 is expected to close with non-performing exposures totalling 115-120 billion € compared to 135 […]

The Italian Real Estate Market in November

As a result of the ongoing pandemic, Intrum estimates new impaired loans totalling approximately 100 billion € in the next 12-24 months, with an increase of Italy’s Npe ratio equal to 12%, against an average of 5% in the rest of Europe. According to Prelios, the pandemic will generate new non-performing exposures between 60 and […]

The Italian Real Estate Market in October

World Capital and Nomisma reported promising results for investments in retail despite the lockdown. Considering the market in Milan, commercial properties located in high streets and secondary streets recorded respectively average gross yields for 3.3% and 5.7%. Fashion is seen as a safe investment, while bank branches and restaurants have lost appeal since there are […]

The Italian Real Estate Market in August

Residential The current pandemic doesn’t seem to have impacted the luxury property market as demand and prices remain stable. Engel & Völkers confirms this trend with properties sold for over one million euro. Milan reported 4,936 residential transactions, the lowest result in the last five quarters. Fimaa forecasted decreasing transactions set between 20% and 25% […]