In a recent article appeared in the Italian business daily “ILSOLE24ORE”, the returns of real estate investment in the short-term rentals went under scrutiny. Judging by the rising demand for this lodging solution, there would be no doubt that undergoing investment in this niche may be still interesting. AirBnb ended year 2018 with double-digit arrivals […]
Old estate into hotels and museums: new RE trends rising
Saving a historic building from the oblivion, (re)inventing a new life. This is what is happening to old Italian buildings in many local markets across the country. A recent article by “ILSOLE24ORE” gives an interesting account of this trend. And so, many historical estates’ owners, as old as they are prestigious, in order to offset […]
The Italian RE Investment Market Slowed Down in 2018
In a recent article in the Italian business daily “ILSOLE24ORE”, Cushman & Wakefield, JLL and CBRE weighed in on the trends of the Italian real estate investment market. Except for residential, Commercial real estate slowed down in 2018, although less than expected. According to CBRE, for example, in 2018 the Italian market the volume of […]
Europe’s new shapes: urban renewals at Mipim 2018
As reported by Italian business daily “IlSole24Ore”, from Bratislava to Istanbul, from Paris to St. Petersburg, cities arrive at Mipim to expose in a world showcase who they are, what they have done and what they can do, in a constructive dialogue with developers. The renovation projects of Hamburg and Liverpool. Hamburg brings the work […]
At MIPIM 2018 top Italian real estate projects win big
As reported by the Italian business daily “IlSole24Ore”, an effervescent Mipim ends with the awarding of the best real estate projects in the world. And Italy this time wins big in the “best offices” category with the Feltrinelli Foundation project, Porta Nuova in Milan, as the best urban regeneration and the Fico Retail Park in […]
Mipim 2018: The end of the market cycle?
A correction in the real estate market seems long overdue, but the consensus is that years of quantitative easing and low interest rates have postponed it. It has meant that every year, attendees at MIPIM – always a useful barometer of the market – ponder question: how long will this cycle last? With the 10-year […]
Berlin set to be top real estate investment destination in 2018
Berlin is becoming the belle of the ball in the European real estate investment market, according to a report by PriceWaterhouse&Coopers (Pwc) and the Urban Land Institute (ULI). By the end of 2017 London will still be on the top of the list, with a volume of real estate investments estimated at €31 billion, and Berlin at €9 […]
Italian govt. disposes € 900 mil. in real estate assets in 2017
The Finance Ministry of the Italian government has recently added a memorandum to its budget in which it states that a total € 900 mln. in State-owned real estate properties will be disposed by the end of the current fiscal year. Invimit, a State-owned IMCO whose running several real estate funds in State-owned real estate […]
Investments in hotels continue to grow in Italy
It is a golden year for the hospitality market in Italy, according to an article appeared in the Italian business daily, “IlSole24Ore”. JLL‘s top executive confirms that at the end of Q3 – 2017, Italy has registered 400 million euros in hotel transactions across the country, while last year’s investments closed at 1,142 million euros. JLL estimates that, […]
Italian NPLs at lowest level since 2014
Over the past six months, Italian banks have unloaded considerable amounts of NPLs off their balance sheets, potentially making the Italian NPL market the most active in terms of transaction value at a global scale in 2017, according to study released by top strategic consulting firm, Deloitte. Last July, according to an article appeared in the Financial […]