Italy
Portugal
“La casa salverà l’Italia” is the title of the Quotidiano Immobiliare Conference that took place, yesterday, at the Innovation Campus Milano in Peschiera Borromeo.
Despite being currently the “hottest” real estate sector, the residential market – worth around €100 billion – still only sees limited activity from the institutional investment segment. However there are many new forms of “Living”, where international funds and management companies are active. This interest confirms how residential can be the new asset class to focus on in the immediate future.
The guests, who discussed the opportunities and limitations of the Italian residential market, included GVA Redilco’s CEO Giuseppe Amitrano, who agreed that, “Compared to the commercial sector, residential has lagged behind. We have felt a strong need from the market to modernize a sector which, in Italy, is worth about 10 times the volume of commercial transactions. Our goal is to create a modern real estate platform which focuses on innovative technologies and is able to bridge the gap to meet the quality of service required by both investors and customers”.
