It was another strong year for the property sector in Italy mainly led by the record growth in the first half, which partially offset the declining trend in the last quarter of the year.
Occupier and investment markets behaved differently during the second half, with the latter quickly reacting to the worsening of the financial market while the former, strengthening further.
ITALIAN REAL ESTATE OVERVIEW H2 2022
14/02/2023
We are leaving behind 2022, an eventful year: war, inflation, energy crises, interest rates. 4 words to define the year and which will continue to shape 2023. The second half of 2022 marked the turning point for the real estate industry: from the “lower for longer” to “higher for longer” interest rate environment. Italy chose a new Government led by a right-wing coalition and for the first time in years investors didn’t react with nervousness, thus avoiding further turbulence on the Country.
Of course, we still must find out what will be next, and we are aware that we can’t predict when the current headwinds will eventually subside. What we can do is read the past and look for opportunities for the next cycle. So: how was the market in 2022?
Of course, we still must find out what will be next, and we are aware that we can’t predict when the current headwinds will eventually subside. What we can do is read the past and look for opportunities for the next cycle. So: how was the market in 2022?
RECENT INSIGHT
MarketBeat
Market Beat di Cushman & Wakefield analizzano trimestralmente l'attività immobiliare in Italia nel settore uffici, logistico e retail, compresa l'offerta, la domanda e le tendenze dei canoni di mercato e dei sottomercati.
Raffaella Pinto • 27/04/2023
Insights
ITALIAN REAL ESTATE OVERVIEW H2 2022
We are leaving behind 2022, an eventful year: war, inflation, energy crises, interest rates. 4 words to define the year and which will continue to shape 2023. The second half of 2022 marked the turning point for the real estate industry: from the “lower for longer” to “higher for longer” interest rate environment. Italy chose a new Government led by a right-wing coalition and for the first time in years investors didn’t react with nervousness, thus avoiding further turbulence on the Country.
Of course, we still must find out what will be next, and we are aware that we can’t predict when the current headwinds will eventually subside. What we can do is read the past and look for opportunities for the next cycle. So: how was the market in 2022?
14/02/2023
Of course, we still must find out what will be next, and we are aware that we can’t predict when the current headwinds will eventually subside. What we can do is read the past and look for opportunities for the next cycle. So: how was the market in 2022?