,

Cagliari: Real estate value of logistics and hospitality exceeds €180 million.

Home > News > Cagliari: Real estate value of logistics and hospitality exceeds €180 million.

Cagliari: Real estate value of logistics and hospitality exceeds €180 million.

According to the latest data processing conducted by World Capital on ISTAT and Revenue Agency sources (as of 12/31/2023), the real estate assets of the Municipality of Cagliari count 145.420 real estate units, equal to the 0,21% of the Italian total and 22,6% of the provincial total. The cadastral income total is approximately 139,7 million euros.
The city's real estate fabric is composed of the 57% from residential properties, while the 43 % is represented by assets non-residential, confirming the functional variety of the urban building heritage.

Logistics: a still limited but strategic offering
Cagliari's logistics sector is still limited in terms of numbers, but it represents a significant component of the local real estate economy. In fact, there are 6 logistics properties - of which 66% destined for Logistic Center and 31% at Transit Point – for a total covered area of ​​approximately 29.269 m2.
At the provincial level, logistics represents the 22% of the properties and 19% of the covered surface area of the segment. On a regional scale, the numbers are reduced to 9% of the properties and 6% of covered square meters. At a national level, Sardinia hosts only the1,6% of Italian logistics properties and1% of the total area.
Il total value of the city's logistical assets is estimated at approximately 30 million euro, held equally by logistics operators (50%) e local investors (50%).

Hospitality Sector: An Evolving Tourism Vocation
Cagliari counts 31 hotels, with an overall offering of 1.168 rooms. 3-star hotels represent the largest category (45%), followed by 4-star hotels (26%) and 5-star hotels (6%). Compared to 2018, there is a 40% growth in the number of 3-star hotels e 6% for the 5 stars.
At the provincial level, the hotels of Cagliari constitute the 36% of the total, while the rooms represent the 28 %. At a regional level, this concerns respectively the 14 % and 4%.
The overall value of the hotel assets is estimated at approximately 150 million euroThe main players in this market are the local investors (48%) and hotel operators (36%), with smaller shares held by credit institutions (9%) e natural persons (7%).

“Cagliari proves to be a dynamic and progressively transforming urban reality
- he has declared Marco Clerici, Head of Advisory & Research at WCG While maintaining a strong residential component, the city is strengthening its strategic sectors, such as logistics and hospitality, which today represent increasingly relevant areas of interest for both local and national operators and investors.”