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Italy | INVESTMENT H1 2020

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During the first half of the year, transactions in commercia[ real estate decreased by 39% compared to the same period of 2019. The market trend was strongly affected by the pandemie and the lockdown: the closure of transactions started last year were delayed and scouting activity was reduced. Many questions remain about the long-term impacts, thus increasing uncertainty in the short term and therefore reducing the conclusion of new deals during 2020. The reopening in May led to a recovery of activities but it is still too early to see the results in terms of new transactions. 
The crisis Chealth and economie) has led to some processes that have started in the past years and are expected to accelerate. In 2020, the two asset classes that were most resilient, due to the tenant's tenure, were logistics Cespecially that relateci to e-commerce) and supermarkets (more generally food sales). Some investors had already directed their interest in logistics in the past years and the crisis has shown all the importance of this asset class for the functioning of the country's economy, in particular for the supply of cities.

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Italy | INVESTMENT H1 2020

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