This is the theme of the event “Construction and Business Correlated”, managed for the last 17th September in Milan by SCM Portal – Macroeconomic Trends with the support of European Commission, which guided the participants in a common and unanimous opinion “The real estate bubble doesn’t exist in Italy”.
With the Catholic University of Milan, ANCE and Markit Economics, World Capital Group took place as relator to the construction section’s analysis and the definition of a portrait about its potentials inside the real estate sector, by illustrating the report “Italy Real Invest 2014”, a deep survey of Italian real estate market and tool dedicated to foreign investor, elaborated thanks to the support of ITA.
“The residential investment – claims Domenico Delli Gatti of Catholic University of Milan – results positive for the PIL, is creator of surplus value. In 2013, the total investments in Italy was 0,2 TN, as 14% of PIL.”
“Today – continues Flavio Monosilio of ANCE – we assist to a drastic decrease of new residential buildings, whereas the investments increase in requalification of residential heritage thanks to the fiscal incentives. The residential demand remains high, but it needs clear action of economic politics, with the aim of increasing the construction sector: among the markets there are Milan, Rome, Bologna and Florence.”
“Italy – claims finally Neda Aghabegloo, Head of Research of World Capital – doesn’t record an increase of values more significant such as Spain and France, but it conserves a solid real estate market and with particular appeal for the foreigners. Today, the country represents an interesting opportunity for investor in logistics, retail and office, and also in residential and hotellerie, but it’s very necessary to make system. “
