Has released the Observatory twelfth edition, like in each edition can be found national and European market values and, are carried out investigations and surveys among the operators. This edition is focused particularly on the building quality and the methods to measure it objectively as the Milan Polytechnic rating system of the Gesti.Tec laboratory.
Surveys has shown that sales prices undergo a realignment almost everywhere, except Genoa which remains stable and Turin that after 4 years of decline shows a small increase. Consequently lowers the average price range that goes from 700 to 950 €/sqm of the first semester 2011 to 650-930 €/sqm in this semester( range for : MI-TO-GE-PC-CT-BA-Roma).
The macro-analysis confirms the trend of alignment that shows a significant decrease in rents and sales prices over the whole peninsula, especially regard to used (-4%), which is increasingly inadequate to the needs of users. The key features that a property must have to fight the depreciation and the risk of vacancy will reconfirm the quality, efficiency and location.
Values were reduced but not as much as they wanted foreign investors who are increasingly removed from the Italian market also caused by the economical-political-legislative Italian situation.
Lease: the rent of new building in the North, in location like Rivalta (+1%) shows a little increase, remain stable Milan, Civittavecchia e Nola, the rest of the peninsula rent declining including Rome, Bologna and Venice (-1,5%), Florence and Lecce(-4,5%) and Bergamo (-5%) .
Sale: the price of new logistics real estate in the North remains stable in location as Milan, Genoa and Trento. A slight increase Florence and Prato (+2,5%), Civittavecchia (+3,2%). Lose percentage points Bari (-2,7%), Rome(-2,1%), Gioia Tauro (-7%). and Florence (-5,56%). We didn’t measure other important changes in the National setting. On the rest of the peninsula were found slight negative variations.
Remember that analyzed sample took into account property from 5.000 to 20.000 sqm for logistics utilization, all written values can be increased or decreased up to 25% depending on the features of the building, its legal condition, conservative status and location. For freight properties used for courier transport, values may have higher values, from a minimum of 10% to a maximum of 40%.
In general we can say that the gap widens and moves down going to emphasize once again the inadequacy of used and low quality of the property.
To see the graphs on sale and rental mean values, click here
