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 […]
Tag: italy
Short-term rentals still profitable but margins are dropping
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 […]
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 […]
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, […]
Real estate investments in Italy at pre-crisis levels
Real estate investments in Italy reached pre-crisis levels. An account is given by a recent article published by Italy Europe 24 – IlSole24Ore. Foreign investors continue to play an important role in the Italian real estate recovery, representing about 60% of the total value of transactions with total investments of about € 5.5 billion in […]