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Milan is the European leader for real estate, developments also outside the city centre

10 April, Il Sole 24 Ore

According to Scenari Immobiliari, the real estate investments in the pipeline for Milan amount to 13.1 billion euro. This outlook has a positive impact also in the residential market, where property prices are on the rise even in the suburban areas. The trend for the next ten years will be investing outside the city centre. Requalification projects will concern a 12.5 million Sq m surface, mainly focusing on residential (2.7 million Sq m), services (1.3 million Sq m), commercial (1.3 million Sq m), and public facilities (650 thousand Sq m).

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi