Survey Italy
Survey Italy
- 2011
- EuroProperty 5 December 2011, 13-17(5) .
Investment in Italy's commercial real estate is expected to fall in 2011 by 10% from 2010's Euros 3.5bn total. Westfield is one of the few global retail real estate developers still buying into the Italian retail market. Milan awaits new office supply notwithstanding the new Porta Nuova 240 000 sq m office scheme coming on stream in 2012. Rome's office market displays static demand with rents unlikely to rise with the limited supply pipeline. Berlusconi pushes through programme of disposal of empty government buildings as his Parthian shot.
Italia = Italy--1992-
Investment in Italy's commercial real estate is expected to fall in 2011 by 10% from 2010's Euros 3.5bn total. Westfield is one of the few global retail real estate developers still buying into the Italian retail market. Milan awaits new office supply notwithstanding the new Porta Nuova 240 000 sq m office scheme coming on stream in 2012. Rome's office market displays static demand with rents unlikely to rise with the limited supply pipeline. Berlusconi pushes through programme of disposal of empty government buildings as his Parthian shot.
Italia = Italy--1992-