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Survey Italy

By: Language: English Series: EuroProperty ; 6 December 2010, 21-25 (5)Publication details: 2010Subject(s): Summary: Office take-up in Milan and Rome has doubled in the past year but vacancy rates remain high and secondary and tertiary stock is causing concern. The May sale of Italy's biggest shopping centre, the Porta di Roma, has not heralded a new dawn in the return of foreign investors to the Italian retail market. Few investment opportunities and uncertainty over the the proposed property fund laws have dampened demand.

Office take-up in Milan and Rome has doubled in the past year but vacancy rates remain high and secondary and tertiary stock is causing concern. The May sale of Italy's biggest shopping centre, the Porta di Roma, has not heralded a new dawn in the return of foreign investors to the Italian retail market. Few investment opportunities and uncertainty over the the proposed property fund laws have dampened demand.