Real Estate
Real Estate is a strategic sector for the Italian economy. The weighting of services has become more relevant than traditional construction business over recent years, ensuring a high-quality professional environment. Several factors have contributed to attracting corporate investments, that amount to €11.7 billion in 2022, of which 70% are from foreign sources.
Discover the National Real Estate offer on the portal Invest in Italy - Real Estate
our Real Estate portal features two distinct categories of investment opportunities:
- assets with an existing restructuring plan, such as historic buildings suitable to be transformed into prestigious offices or luxury hospitality facilities, resorts and hotels
- real estate development operations, i.e. properties to be transformed or bare-ownership, whose valorisation can be directed towards the most valuable and sustainable solutions
Real Estate accounts for 21% of the national GDP
Real Estate represents almost ⅕ of national GDP. Services in the construction sector are playing an increasingly important role (facility management, asset management, property management, project management). Services account for 13% of the total GDP and generate a turnover of about €36 billion and have 1 million employees.
Source: Scenari Immobiliari: “Rapporto sulla filiera dei servizi immobiliari in Europa e in Italia” (2022).
Growing Corporate Real Estate
Corporate Real Estate has grown constantly over the past ten years and foreign investments represent the largest portion thanks to attractive yields and the opportunity to adapt the existing stock to a new type of demand for spaces, and services in compliance with new ESG standard.
In 2022, corporate real estate generated an investments volume of €11.7 billion and it has grown constantly over the past ten years, a noteworthy result considering the recovery following Covid-19 and the uncertainties due to interest rates and inflation. Foreign investments represent 70% of total investments.
Source: CBRE Outlook Italy (2023).
A land of beauty, arts, wellness
Italy is the 1ˢᵗ Country in the world for UNESCO World Heritage sites, the 5ᵗʰ destination for international tourism and a top choice for top-quality tourism.
All these factors represent a favourable context for setting up new investments.
Source: UNESCO (2022).
KEY OPPORTUNITIES
InvestInItaly Real Estate works in close partnership with the most relevant Italian specialists and stakeholders
We provide key services:
- Supporting the alienation of public assets through sale or concession
- Helping operators to meet a proper propco suitable for their business and stimulating networking among companies
- Helping the companies to compete for public tenders and navigate administrative and urban regulatory requirements
- Providing incentives to support investments
We also assist foreign companies to meet the main development goals foreseen in public programming documents and the NRRP (National Recovery and Resilience Plan), such as:
- Supporting the creation of hotel chains and strengthening funds portfolios
- Filling the gap in the supply of student accomodation
- Enhancing the market of the silver economy by providing affordable houses and services for elderly people
- Promoting investments in Southern Italy, especially in the tourist sector
- Achieving green targets related to ESG and the new EU green regulatory framework applied to buildings
