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Transactions for non-residential properties have decreased

22 October, Italia Oggi

Transactions for properties for artisanal, commercial, industrial and office use have fallen by 27.1% in the span of one year. The data is taken from the real estate report published today by Istat which compared the third quarter of 2018 with the same period in 2017.

The north-west of Italy has reduced by 26.6%, the north-east by 41.1%, the centre by 22.1%, the south by 13.7% and the islands by 17.1%.

Confedilizia president Giorgio Spaziani Testa commented: “These results confirm that it’s necessary to implement strategies to revitalise the sector of non-residential properties, which suffers from various factors, especially from the heavy taxation”.

Source: Italia Oggi

Translator: Cristina Ambrosi

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