(Visited 111 times, 1 visits today)
(Visited 111 times, 1 visits today)

Bnp Paribas Real Estate: Milan’s office market is growing

25 March, Corriere della Sera

The vacancy rate for offices in Milan reduced to 10.6% in 2018, thanks to the increasing demand from companies as well as the rise of pre-lets. The total office space currently available is 1.2 million Sq m, but only 24% is classified as class A, and only 2% of this is in the city centre. Last year, the market achieved its absorption record with 390 thousand Sq m occupied. Office transactions in Milan amounted to 2.1 billion euro in 2018, representing two-thirds of the total real estate investments.

Source: Corriere della Sera

Translator: Cristina Ambrosi

(Visited 111 times, 1 visits today)

Read more:
Banca Ifis aiming at the NPL of San Marino

01 December, Monitor Immobiliare Cerberus, Banca Ifis and a third investor are the candidates for a 2-billion-euro portfolio that Cassa...

Close