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Scenari Immobiliari: Milan is the best marketplace in Italy

17 December, La Repubblica

According to Scenari Immobiliari, Lombardy has been the most dynamic market in Italy with the rise of property transactions equal to 13.3% against the national average of 9.8%. The outlook for 2020 looks even better: +14.4% for Lombardy against +9.1% for Italy. Milan drives the market, representing 18% of the whole region and reporting a 15% increase in revenues in 2019. Moreover, the city is expected to receive real estate investments for 12-13 billion, which will increase the offer and hopefully help to reduce the sky-high rents.

Source: La Repubblica

Translator: Cristina Ambrosi