27 May, Monitor Immobiliare
The Italian Revenue Agency reports that all non-residential properties registered negative results in terms of transactions in 2020: 10.3% for offices, -14.5% for shops and 12.9% for industrial properties. However, starting from December 2020, the trend started improving and kept growing throughout the first quarter of 2021.
Source: Monitor Immobiliare
Translator: Cristina Ambrosi
24 August, Il Sole 24 Ore
The Milan residential market is expected to recoup what had lost during the pandemic very soon. Meanwhile, the Revenue Agency reported 4,936 transactions, the lowest result in the last five quarters. Fimaa forecasted decreasing transactions set between 20% and 25% compared to 2019. It will likely take three or two years to return to the same values as 2019, while investment purchases in Milan sank by 20%. Nomisma reported a slight decrease in prices (-0.4% over six months) and a sharper reduction for rents (-0.9%).
Source: Il Sole 24 Ore
Translator: Cristina Ambrosi
05 June, Il Sole 24 Ore
According to the Revenue Agency, residential transactions registered a sharp arrest in the first quarter of 2020 due to the lockdown. Transactions decreased by 15.5%, corresponding to over 14,000 sales less compared to the same period of 2019. In Milan, Naples and Genoa, operations dropped by approximately 20%. Rome and Florence reported respectively -8.1% and -10.8%, continuing a negative trend started at the end of 2019.
Source: Il Sole 24 Ore
Translator: Cristina Ambrosi
08 February, Corriere della Sera
Rome is currently experiencing a boom of commercial properties, according to the Revenue Agency. In the third quarter of 2019, transactions for offices grew by 67.9% from the previous year, while shops and warehouses and industrial assets grew respectively by 35.1% and 30.1%. On the other hand, the growth of the residential segment is rather modest (+4.6%).
Source: Corriere della Sera
Translator: Cristina Ambrosi
11 August, La Nazione
After the growth reported in 2018, Florence property market has slowed down. According to the Revenue Agency, property transactions in the first quarter of 2019 were 1,159 in Florence (-5.2% from the same period of 2018). Mortgages applications decreased by 8.8% from last year, while the average amount requested is higher than in the rest of Tuscany, around 149 thousand euro.
Source: La Nazione
Translator: Cristina Ambrosi
19 July, Repubblica
The Revenue Agency reports 75.5 million properties registered last year, 60 million of which owned by privates. The Land Registry Income also increased, continuing the positive trend of the previous years, reporting a 0.5% growth, with the only exception of offices (-0.4%).
Source: Repubblica
Translator: Cristina Ambrosi
23 June, La Stampa
The latest figures about the Piedmont property market published by the Revenue Agency show a dynamic market, even though far from the results before the recession. With 2,787,364 properties, the region represents 8% of the national stock. In 2018 Piedmont reported a 5.1% increase of transactions, for a total of 52,196 transacted properties. The best performances were recorded by Novara (+0.05%) and Turin (-0.16%), while Alessandria and Vercelli registered the worst performances, respectively with -2.29% and -4.85%.
Source: La Stampa
Translator: Cristina Ambrosi
06 June, Il Sole 24 Ore
According to the Revenue Agency, the first three months residential transactions grew by 8.8%, reporting 138,525 transactions.
In Bologna and Genoa, the market grew respectively by 15.2% and 12.9%, followed by Rome and Milan with 11%. Florence and Naples registered a negative trend, respectively with -5.2% and -1.3%.
Source: Il Sole 24 Ore
Translator: Cristina Ambrosi
10 June, Corriere della Sera
Offices reported a decline in sales (-3.7%). Prices, however, increased, resulting in a growth of revenue by 0.7% for a total of 3.11 billion euro. Shops grew both concerning number of transactions (29,463, +46%) and surfaces (3.7 million, +37%). Revenues from retail amounted to 6 billion euro (+29%).
Source: Corriere della Sera
Translator: Cristina Ambrosi
07 June, Milano Finanza
The Revenue Agency reports that real estate market registered an increase in the number of residential transactions equal to 8.8%. Transactions for commercial assets grew by 5.9%, while logistics and industrial assets remained stable (+0.3%).
According to Prelios, the non-residential market shows encouraging signs, thanks to investments in commercial assets for 1.6 billion euro. The market is driven by the office segment (57.4% of the total), followed by hotels (23.5%), logistics (6.6%) and retail (3.1%).
Source: Milano Finanza
Translator: Cristina Ambrosi
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