In 2020, the leasehold market was impacted by the health emergency and by the consequent lockdown. Overall, nearly 1.3 million let homes were recorded, -8.8% compared to the prior year. The predominant contractual type continues to be the regular long-term contract, although some cities such as Rome see a predominance of contracts with regulated rent. In this scenario, even rents,…
The effects of the Covid-19 pandemic are still difficult to quantify, but they are certainly quite significant across the entire tourism industry, from air transport to the hospitality sector. In Italy, the drop in demand in 2020 widely exceeded 50%, with the exception of certain segments that managed to keep up, such as beach tourism, which benefited from a period…
The volume of real estate investments in Q1-Q4 2020 amounted to € 8.3 billion. This result is down compared to 2019 (€ 12 bn), which was a record year for capital market investments, but in line with 2018. In 2020, the office sector accounted for the highest portion of investments with 45% of the total, amounting to around € 3.7…
The office market closed 2020 with take-up of 294,500 sqm in Milan and 120,000 sqm in Rome. A downward trend compared to the same period of the prior year, due to the contingent situation linked to the Covid-19 health emergency. The second quarter suffered the effects of the lockdown period and, although the market resumed activity from May-June, the take-up…
After the reopening of activities in May, the prestigious homes market gradually began to show positive signs. In particular, the greatest recovery occurred from mid-September, since in the summer months – despite a certain level of activity following the hard lockdown in March and April – remote working and stays in holiday homes actually reduced the presence of people and…
The tourism sector is a transversal one, strongly influenced by exogenous factors of a social, economic and environmental nature that shape the underlying trends, but it is also characterised by everything that physically expresses the destination. In this scenario, Hospitality, which in fact represents the final phase of the trip, is one of the sectors that has suffered the most…