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Rur: real estate will resume growing only in 2021

09 July, Il Sole 24 Ore

Despite the good performance of the residential market, specifically of new or renovated properties, prices and transactions are still stagnating. The market is expected to reach a breakthrough only in 2021.

The residential market is increasingly dominated by small properties addressing new targets such as singles (gone from 14.4% in 2006 to 19.5% in 2016).

The outlook is positive for logistics, driven by e-commerce, which is expected to reach sales from 22 billion euro in 2021.

The office segment is stagnating, with a possible decrease in prices. Milan and Rome alone represent 56% of the transactions.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi

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