Inside the Report you will find:
- Trends in the Italian and foreign logistics real estate market
- Attractiveness index of prime locations (by Nomisma)
- Attractiveness index of secondary locations (by Nomisma)
- Specials from Fedespedi, Assologistica, Gi Group, Confetra, and ALIS
Logistics Real Estate Report 2019-2, the Italian logistics real estate market remains dynamic also in the second half of 2019, with values of lease generally stable for new properties and rising for used ones.
The scenario emerges clearly in the new Borsino Immobiliare della Logistica – H2 2019, the logistics report produced by World Capital, in collaboration with Nomisma.
The study shows that logistics operators are increasingly seeking larger spaces: 50% of them are interested in properties between 5.000 sq m and 15.000 sq m, followed by 36% looking for properties smaller than 5.000 sq m, and 14% seeking properties larger than 15.000 sq m. The average duration of negotiations is 8-12 months in 50% of cases, followed by 33% closing within 8 months. The discount rate, however, is between 10 and 20% in most cases (65%).
Focusing on the rental values of new properties, we note that compared to the last semester the trend is generally stable, with interesting positive variations in the locations of Turin (4,4%), Parma, Livorno and Olbia (4,8%) and Genova (3%).
Milano and Rome remain stable in average values, while the Milanese city records a growth of 2% for the rent maximum.
The index Italy2Invest – which defines the attractiveness of a territory as a synthesis of 8 thematic areas (Environment, Socio-Economic Conditions, Businesses and Credit, Real Estate Market, Population, Public Administration, Services – Equipment and Expenditure, Tourism) – establishes Milano as the most attractive province in Italy (score value 72,7 out of 100).
Among the first locations the index Italy2Invest rewards Milano, Rome and Firenze. The 3 provinces on the podium have an index value of, respectively, 72,7, 68,5, 66,5 out of 100.