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Italian retail investment market set to recover in 2011, says JLL

Posted on 02 December 2010

From Propertyeu.info: Investment in Italian retail property assets fell to a historic low in the course of 2010 but recovery is on track for next year, according to Davide Dalmiglio, head of retail investment at Jones Lang LaSalle.
‘Despite returning market confidence and encouraging retail sales figures, as little as EUR 250 mln of retail product was transacted in the market so far this year, if we do not take into account the Porta di Roma transaction, which was an extraordinary event,’ Dalmiglio said. ‘However, we expect that the higher level of investor interest will translate into a more active market in 2011.’………………………………………Full Article: Source


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