residential Market News: Italian Real Estate Intelligence

30/1/2023

Kervis acquired an office building in Milan to reconvert into apartments

23 January, Bebeez Kervis Sgr acquired for an undisclosed amount an office building in Nolo (North of Loreto), Milan, from Principal Asset Management, acting on behalf of Veld Capital, to reconvert into residential units. The property covers 9,000 Sqm and is located in Via Stamira d’Ancona, near Turro metro station. Source: Bebeez

12/1/2023

Borio Mangiarotti to develop a residential area in Via Fiuggi, Milan

09 January, Monitor Immobiliare Borio Mangiarotti acquired for €20 million two adjacent industrial buildings in Via Fiuggi, Milan, which will be demolished to create 40 apartments covering 3,000 Sqm in total. The construction works are expected to start at the beginning of 2024. Source: Monitor Immobiliare

23/12/2022

Growth of house prices in Italy to continue in 2023

21 December, Il Sole 24 Ore Immobiliare.it reports that the growth of residential property prices in Italy is set to continue in the upcoming year as the gap between north and south widens. Genova reported the biggest increase (+4.5%), followed by Bologna (+3.9%) and Verona (+3.2%), while prices went down in Naples (-1.5%) and Palermo (-1%). Milan remains the most expensive city in the country (5,000€/Sqm), while Catania is the cheapest (1,200€/Sqm). Source: Il Sole 24 Ore Translator: Cristina Ambrosi

25/10/2022

residential Market News: Italian Real Estate Intelligence

Kervis acquired an office building in Milan to reconvert into apartments

Borio Mangiarotti to develop a residential area in Via Fiuggi, Milan

Growth of house prices in Italy to continue in 2023

Social housing for 200 new apartments to be launched in Milan

AbitareIn sold development in Milan to Supernova for €72 mln

Cdp sold buildable land in Segrate (Milan) to Vastint

Pension fund Cariplo sold 6 properties to Kervis

Borgosesia acquired 13 apartments in Milan for €7 mln

Starhotels to manage 150 apartments in Florence with Hines as investor

Aura Real Estate Experts.