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Cbre: the office market is expected to expand further in 2020

12 February, Idealista

Cbre reports that 2019 closed with excellent results concerning the office market with investments for 5 billion euro, nearly double than 2018, confirming to be investors’ favourite asset class. Milan concentrated 70% of the total investments, equal to 3.7 billion euro. The outlook is for a growth of the emerging districts such as the former Expo area, the old rail yards, the former Falck area and Santa Giulia. Rome reported investments for about 1 billion euro in 2019, registering a slight decline from the previous year. Here, investments tend to focus in Eur. The expansion trend of the office market is expected to continue also in 2020, with a possible shift of focus from Milan to Rome due to the highest returns provided by core and core-plus assets.

Source: Idealista

Translator: Cristina Ambrosi