Italian Office Spotlight - H1 2025 (includes Rome office market)

The document analyzes Italy's office real estate market in the first half of 2025, reporting investment volumes of €900 million (up 15% year-over-year) with 29 deals, while Milan accounted for 79% of activity with prime rents at €750/sqm/year in the CBD Historic Centre. Milan's leasing market achieved 206,000 sqm take-up (up 17% year-over-year), marked as the second-strongest semester in five years, with occupiers increasingly favoring smaller flexible spaces under 1,000 sqm and Grade A space representing 77% of total leasing activity.