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Retail decreased by 6% with 2.2 billion invested in 2018

18 January, Fashion Network

In 2018 the volume of real estate investments in Italy amounted to over 8.8 billion. Investments reduced by 22% from 2017, a record year with investments for over 11 billion. CBRE forecasts that 2019 will be steady, even though with a boom of the hotel segment that reported 1.3 billion euro last year, continuing the 2017 trend.

The reduction of investments reported in 2018 is partly due to the political uncertainty that characterised most of the past year and that caused the spread to rise. As a result, the issuance of new loans slowed down, deterring or delaying some operations.

Retail is the segment that reacted best to the reduction of the investments reporting volumes for 2.2 billion, although reporting a slight decrease (-6%) compared to 2017. Offices reported total investments for 3.4 billion, registering a 17% decrease from the previous year. Milan remains the primary market for investors (over 2 billion). Rome is aligned with the results reported in 2017 with invested volumes for 1.1 billion. The two cities continue to polarise the market.

Source: Fashion Network

Translator: Cristina Ambrosi