BNP Paribas Real Estate: in Italy the commercial real estate investment market registered a record value in 2017 - BNP Paribas Italy
BNP Paribas Italy News & Press Release
February 26, 2018 -

BNP Paribas Real Estate: in Italy the commercial real estate investment market registered a record value in 2017

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A new quarterly Report of the Research Department of BNP Paribas Real Estate Italy, headed by Cristiana Zanzottera, is online. It illustrates the trend of the Italian Real Estate market. These research reports provide an in-depth view on real estate topics and trends both from the Capital Markets and from the Leasing side: investment volumes, distribution of interest among different asset classes, investors’ typologies, yield trends, demand and supply characteristics of Office spaces in Milan and Rome. The Research Department publications of BNP Paribas Real Estate Italy are based on a deep knowledge of the local real estate market and represent an insight on Italy and the world provided by the global economic research network of the BNP Paribas Group.

2017: the commercial real estate investment market registered a record value
In Italy, in the year that just ended, the commercial real estate investment market registered a record value: with around €11.1 billion, 2017 was the best year ever (and increasing by 25% compared to 2016). A particularly dynamic fourth quarter with volumes of €4.2 billion, the highest quarterly level ever achieved, contributed to this extraordinary result. Also in Q4 2017, the Office product was one of the biggest contributors to volumes with almost €1.2 billion of investments (28% of the total for the quarter) for an annual amount of €3.9 billion: a stable value compared to 2016. The volumes recorded in the Office sector in the year that just ended were mainly concentrated in the city of Milan with €2.2 billion, followed by Rome with €904 million.

BN Paribas Real Estate Report