Italian Cities Could See a Real Estate Renaissance

Guido Inzaghi, Partner at DLA Piper
Tuesday, January 8, 2013 06:00 EST

Newest First    Oldest First    Threaded View
Simon Hersom
Simon Hersom  
1/9/2013 12:24:51 PM
User Rank Urban Legend
Re: Refreshingly stable market
It is stable but it's illiquid too.  In reality Italy is not a market for the global investor in commercial real estate because most properties only trade between locals.  It was a standard joke that when an international agent was selling a property it was only because none of the locals would buy it.

Susan Leach
Susan Leach  
1/9/2013 9:22:26 AM
User Rank Blogger
Refreshingly stable market
Maybe Italy's sleepy real estate sector is getting a needed boost, but it's also refreshing to see a country that didn't succumb to the housing/real estate frenzy of the past decade, which has temporarily sunk so many other economies. 



1/9/2013 2:50:22 AM
User Rank City Slicker
Re: Revamping a real estate market isn't easy
One major reason i find here is , Renting is unattractive for Italian landlords, because of rent controls and other restrictions. Rental properties have long yielded poor returns. Italy is known as nation of home owners 80% of all homes are self occupied, The housing market is depressed. Prices have fallen steadily since 2010, continuing their decline this year.

Simon Hersom
Simon Hersom  
1/8/2013 5:59:37 PM
User Rank Urban Legend
Re: Revamping a real estate market isn't easy
In my experience a lot of property in Italy is "improperly documented" with breaches of building regulations or planning constraints.  Every so often there was an amnesty, but it does make investing more of a lottery than a business for foreigners who can never understand how it works as well as the locals.

Mary Jander
Mary Jander  
1/8/2013 1:40:20 PM
User Rank Staff
Revamping a real estate market isn't easy
Italy seems to have shot itself in the foot regarding the real estate market. But at least there is a plan in place to rectify the situation if that's possible.

A lot of eyes will be on the situation to see if the measures taken actually prove effective.

Smart City Money Makers
companies and solutions that are most prominent, and destined to be most profitable, in the smart city revolution.
How to Make Your City Smarter
Cities all over the world need to become smarter and more sustainable. But where to start? Download this guide to learn the first, proven steps toward making your city smarter.
all research
quick poll
Join the discussion
All polls
twitter feed
Future Cities Twitter Feed
follow us on facebook
Site Moderators
Future Cities is looking for engaged readers to moderate the message boards on this site. Engage in high-IQ conversations; earn kudos and perks. Interested? E-mail:
Designed to provide the people with access to green building products all year round
connect to us
Terms of Service
Privacy Policy
Copyright © 2016 UBM,
All rights reserved.