Prime rents in the major office markets in Italian cities are expected to grow year-on-year between 2024 and 2028, according to a May 2024 forecast. The capital city of Lombardy Region, Milan, is expected to achieve a higher rental growth than Rome by 2028, at two percent per annum-0.1 percentage points below the average rental growth forecast for the major European markets. In Europe, central city offices had better investment and development prospects than suburban offices.
Annual prime rental growth forecast for office real estate in Milan and Rome, Italy from 2024 to 2028, by city
Real estate organizations that contributed to the survey include abrdn, AEW, Aviva Investors, AXA Investment Management, blackolive advisors gmbh, BNP Paribas Real Estate, Capital Economics, CBRE Investment Management, CoStar, Cushman & Wakefield, DWS, Invesco, JP Morgan Asset Management, LaSalle Investment Management, and Lisney.
According to the source, prime rent refers to achievable prime rental values for offices located in the city center, in buildings of representative size and lease terms for modern structures in the best location.
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IPF. (May 14, 2024). Annual prime rental growth forecast for office real estate in Milan and Rome, Italy from 2024 to 2028, by city [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1536422/italian-office-real-estate-rental-growth-forecast/
IPF. "Annual prime rental growth forecast for office real estate in Milan and Rome, Italy from 2024 to 2028, by city." Chart. May 14, 2024. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1536422/italian-office-real-estate-rental-growth-forecast/
IPF. (2024). Annual prime rental growth forecast for office real estate in Milan and Rome, Italy from 2024 to 2028, by city. Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1536422/italian-office-real-estate-rental-growth-forecast/
IPF. "Annual Prime Rental Growth Forecast for Office Real Estate in Milan and Rome, Italy from 2024 to 2028, by City." Statista, Statista Inc., 14 May 2024, https://www.statista.com/statistics/1536422/italian-office-real-estate-rental-growth-forecast/
IPF, Annual prime rental growth forecast for office real estate in Milan and Rome, Italy from 2024 to 2028, by city Statista, https://www.statista.com/statistics/1536422/italian-office-real-estate-rental-growth-forecast/ (last visited January 06, 2025)
Annual prime rental growth forecast for office real estate in Milan and Rome, Italy from 2024 to 2028, by city [Graph], IPF, May 14, 2024. [Online]. Available: https://www.statista.com/statistics/1536422/italian-office-real-estate-rental-growth-forecast/
