The Italian real estate market is in a phase of stable growth. The increase in sales, in fact, has been underway since 2014 with double-digit performances for the main Italian cities: +45% Milan, +44% Turin, +43% Florence and +27% in Rome and Genoa.
These are the data that the Builders' Association showed to the international investors present in large numbers at Mipim, the most important real estate fair in the world, staged in Cannes from 14 to 17 March and which this year saw the presence of over 23.000 investors and promoters.
“Three years of constant growth in sales tell us that the market has returned to a recovery phase – comments the vice president of ANCE, Filippo Delle Piane, at the start of the day dedicated to the projects of the Builders' Association – and we are no longer in the face of positive flare-ups that soon run out”. Italian real estate, underlines Delle Piane, “is once again a safe investment in terms of profitability and quality. There remains the need to give greater incentives to the new, safe and efficient product which is still somewhat penalized compared to the used one.”
Today, the protagonists of the Italy Pavilion, coordinated by ICE, were the projects of ANCE companies, together with the new service, Invest in Italy, put in place by the Builders' Association.
Invest in Italy was created to bring together the demand of international and national investors with the offer of Italian construction companies. In detail, Ance proposes itself to investors as an intermediary to identify investment opportunities in the national territory, selecting projects through the associative network present in all the provinces.
In terms of projects presented directly by associated companies, there are numerous initiatives in the field of luxury tourism, from Lombardy to Calabria. Also of great interest are the interventions for the recovery of historic buildings, for residential and tertiary purposes, in the cities of Milan, Turin, Rome and Florence, which demonstrate how the market today is strongly oriented towards the redevelopment of the existing buildings, considered an important business by investors international.
