Interesting portrait, that revealed in the first months of 2016, which confirms the analysis presented in Report Office Market 2015/2, realized by the Research Department of World Capital.
From the revealed data, however, we record a general increase of rents and a continuous recovery of market.
The first encouraging sign, which highlight the positive phase of office sector, is the vacancy time, which is unchanged, with a vacancy minimum value of 6 months, recorded in the prestigious Centre of Milan.
By observing rents, also the general trend is stable, with gently contractions in the cities of Rome and Suburbi and Florence Suburbs. Milan, on the other hand, confirms to be the owner of the maximum rent with a 550 €/sqm/annual.
Concerning yields, on the contrary, they don’t show any changes and they remain stable in a range, which swings among 5% (in Milan Centre) and 7,8% (in the Suburbs of Milan and Bologna).
Finally, by checking the cuts, the maximum length request is 4.000 sqm in the areas of Eur and Suburbi of Rome, whereas the minimum one is nearly 100 mq in prime cities.
“With a portrait of office real estate market so encouraging and which still grows, – claims Neda Aghabegloo, Responsible Department of World Capital – These months are the best, for everyone who wants to invest in office sector, and also for people who are interesting in developing and starting new offices in Bel Paese.”
