Office Report 2016/1: Encouraging signs for the office market

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Office Report 2016/1: Encouraging signs for the office market

Positive start to 2016 for Office Real Estate Market, with a general increase of the canons of lease, progressive recovery of the sector, already started in past years, and slight variations in returns, which however reach the7% in the Periphery di Turin e Milano; this is the scenario outlined by the new "Report Office Market 2016/1”, edited by Department di Research di World Capital.

"Encouraging signs, those that are evident in the first six months of the 2016, – he declares Neda Aghabegloo, Head of Research Department of World Capital – with a general increase of the rents in all prime cities for office use, except for the Eur district di Rome (€290/m2/year) and the area Downtown Firenze (€250/m2/year) And Bologna (€200/m2/year).

Dinamico results the picture of the returnsa increase of values, especially in Periphery di Bologna (8,2%), of Padova (8,5%), of Turin e Milano (7%), with imperceptible contractions in the city of Firenze (5,2 % In the Centro e 7% in Periphery) and in the urban neighborhoods di Rome (from 7,6% to 7,5%).

In increase also cuts most sought after, – continues Neda Aghabegloo – especially in the cities of Turin e Milano, where in the latter the most requested square footage di 5.000 m² in the New Business District of Porta Garibaldi, the spearhead of all the prime locations for office use, followed by the Periphery di Milano and Eur zones e Suburbi di Rome with spaces from 4.000 sqm.

Finally, the vacancy time remains stable, – concludes Neda Aghabegloo – except for Milano where compared to the previous range from 6 to 11, reaches 10-14, while decreases of a 1 month vacancy time since Centro di Firenze (from 9 to 8 months) It is in the Center Band B And in the Urban neighborhoods (from 8 to 7 months) Of Rome. "

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