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Italian retail aims at the South

11 December, Corriere della Sera

Investments for 1.23 billion for Italian retail. This is the amount registered for the current year so far, higher than the investments of 2015, but about 20% than the levels of 2016. According to the figures by Jones Lang La Salle, the high street operations have been ten since the beginning of the year. Milan has reported the biggest part of the volumes with four operations for a total value of 350 million. The 12 out of town transactions have concerned Southern Italy (Bari and Teramo) but they have touched the North as well, especially Emilia-Romagna, with the sale of the Le Befane shopping centre in Rimini.

Source: Corriere della Sera

Translator: Cristina Ambrosi