World Capital Group, real estate advisor and consulting firm specializing in national and international services, in collaboration with Invest in Lombardy, organization dedicated to attracting foreign investments in Lombardy a division of Promos/Milan’s Chamber of Commerce, publishes the first report dedicated to the real estate market of the Lombardy region. A non-residential real estate market analysis conducted by World Capital’s research department, on Lombardy region and its 12 provinces.
From the study is emerges that on one hand, lease rate of logistic and industrial real estates are lowerthan regions of same logistic importance such as Zurich, Moscow, London, Frankfurt and Barcelona. On the other hand in shopping high-streets of Milan, the rent prices are a lot more convenient than cities like Hong Kong, New York, London, Paris and Zurich.
“Collaboration with the World Capital, as well as the other partners of us – says Fabio Caliandro, Executive Manager of Promos – is a further evidence of our commitment to providing a comprehensive service with high quality to foreign operators who come to invest in our region. By Investing in Lombardy, obviously other than setting up a company, it is also meant to find a suitable location for the company’s activities and this collaboration – continues Caliandro – has allowed us to furnish certain strategic elements facilitating the investor’s choice during the evaluation process”.
“In times of particular economic situation like the present – says Neda Aghabegloo, Head of the World Capital’s Research Department – the importance of focusing on foreign investors becomes stronger and more prevailing than any time. Lombardy, a region sitting among the highest economically developed and richest regions in Europe, has proved to be a true source of investment in real estate according to its market trend in the last decades.
For this reason, we have responded with pleasure the invitation of PROMOS for the preparation of Lombardy-real estate market report. In the research process – continues Neda – we have analyzed the market at three scales- municipal, provincial and regional- and for study of each sector are presented the relevant parameters such as lease, supply and demand trends. At the same time, these elements were compared with the trends in other countries, both in Europe and worldwide, to highlight the strengths of the individual capitals of Lombardy’s Provinces.”
