23 September, Corriere della Sera
In its latest report on the logistics market, World Capital reports that the attractivity of the Milanese market is assed at 64.7. The calculation is obtained by taking into considerations eight parameters: population, property market trend, tourism, socio-economic conditions, infrastructures, credit, public administration and environment. On this last parameter, Milan scored very low, reporting 27.8 over a total of 100.
Yields for logistics assets are around 6%, compared to 4% of prime offices and 3% of retail.
Finally, the market is expected to focus on short-term rentals in the future (three to six years), whereas the market is currently dominated by long-term leases averaging twelve years.
Source: Corriere della Sera
Traslator: Cristina Ambrosi