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Leasing: the non-residential market grows

Posted: 26 May 2017

Assilea (Italian Leasing Association) and Agenzia delle Entrate (or Income Revenue Agency) have announced that in the first four months of 2017 the number of non-residential real estate acquired in leasing grew by 12.4% over the same period of 2016, while their value increased by 17.2%.

Non performing leasing account for around 7% of total bank business of bad loans, but have higher recovery rates than banks.

The average amount of funding has increased from 842,000 to 859,000 euro.