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Political uncertainty does not affect real estate in Italy

Posted: 8 March 2018

Despite the uncertain political backdrop resulting from the Italian general election, both leading economic indicators and property fundamentals indicate positive growth.

According to a report by M&G Real Estate a good quality retail to continue to deliver healthy returns, particularly in established tourist destinations. In the office sector, Milan and Rome are among the most interesting markets in terms of supply in Europe.

A deadlock in forming a new government following the elections represents a risk which may put a brake on the job creation momentum. Lastly, the industrial sector is likely to be impacted the least by political uncertainties due to ongoing structural changes driven by growing online sales.