Italy sees record real estate investments

The first half of 2022 the Italian real estate market made total investments of approximately €6.1 billion, a 100% increase over the same period in 2021 and an all-time record.

The Italian real estate market made total investments of approximately €6.1 billion in the first half of 2022, a 100% increase over the same period in 2021 and an all-time record.

The figures released by Savills, one of the world’s leading property advisors, confirm investors’ interest in the Italian market despite the uncertain economic climate.

Offices, accounting for 37% of total investments at €2.2 billion, regained the top position after being overtaken last year by logistics, which recorded volumes of €1.8 billion (30% of the total investment) in the first half of the year.

The two sectors grew by 201% and 147% respectively over the same period in 2021, followed by the hospitality and living segments (both at €0.7 billion investments, up 37% and 54% respectively over the first half of 2021).

Despite 133% growth, the retail segment ranked fifth, with €0.4 billion investments. The full-year volume of investments is likely to be higher than in 2021, even if the second half of the year proves to be less dynamic than the first half.