Italy’s commercial real estate business decreased by over 12
percent last year, according to a study jointly realised by Italy’s
leasing association Assilea and government agency Agenzia del
Territorio.

The study showed that last year the number of office, industrial
and shopping units decreased by 12.1 percent to 78,668 compared
with 2007.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Access deeper industry intelligence

Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.

Find out more

However, according to the report, leasing still represents the
main form of financing for non-residential property, ranging
between 30 and 50 percent of the total investments in that
market.

The most significant drop concerned office buildings,
particularly in Central Italy with a 20 percent decline, while
industrial and buildings recorded an 8.7 percent decrease.

Geographically, the areas where business volumes were higher
were North West with 35.7 percent of the total, and North East with
24.8 percent, followed by Central Italy with 24.7 percent.

Antonio Fabrizio