Savills: Prime office yield of 4.5% and regional shopping centre yield of 5.5% in Milan

Realopedia Global Real Estate Portal

In its March 2016 European Investment Briefing, Savills noted that the prime office yield in Milan at the end of last year was 4.5%. The yield had therefore stayed contracted by 50 basis points over the course of 2015. Rental growth over the year was 0.0%. The yield from regional shopping centres was 5.5%, or 100 basis points lower through 2015. Savills notes that GDP growth in Italy in 2016 is expected to be 1.3%.

Source : Savills/Mar 2016/Milan/RET

'All articles and information are based on publicly available data from identified and defined sources. The sources include leading consultancies, think tanks, official statistics offices, trade associations, real estate companies and work of third parties. The data, information, suggestion and articles are not a recommendation for any action. We accept no liability for any loss resulting from decision that is based on an article. We accept no responsibility for any errors and omissions in any published article or work.'