Real Estate Investment in Italy: Half-yearly volume at record levels since 2008
Milan; 25. July 2016
In Q2 2016 just under € 2 billion were invested in the Italian real estate market, a 12% increase on both the previous quarter and the same period last year. This brought mid-year volumes to € 3.6 billion, in line with the previous year. Interest in the sector remained strong in the first half of 2016, with activity which was more dynamic in terms of the number of deals, higher than in 2015. These findings emerge from analyses by CBRE, which also show that foreign capital has played a leading role, accounting for 75% of total investments in the first half of the year, with € 2.7 billion invested, down 6% with respect to the first half 2015. The share of domestic capital invested continued to improve though, reaching nearly € 900 million in the first half 2016, a 24% increase compared to the first half of last year.