Ricerca
Italy Office Capital Market Dynamics, Q3 2024
Summary and analysis of Italy's current office capital markets conditions.
21 novembre 2024
Contributors:
- Alberico Radice Fossati
- Sven Ole Sommer
- Benedetta Baruzzi
- Francesca Fantuzzi
In Q1-Q3 2024, the office sector led the way in terms of volume, with €1.7bn invested, almost three times more y-o-y, starting to recover after 2023 low.
Milan and Rome are confirmed as the most targeted cities for office investment, narrowing the gap in terms of volume, with Milan at €0.9bn and Rome at €0.7bn in the first nine months of 2024.
In terms of risk profile, core capital was the most heavily invested, accounting for 60% of total volume, while in terms of number of deals, value-added deals accounted for the same percentage.