The take-up of the second quarter of 2019 is growing, approaching the record results of 2017 with an increase of + 37% over the same period in the previous year.
Milan and Greater Milan have been re-confirmed as the most active sub-markets.
Around 40% of new rentals in the second quarter were between 10 and 50 thousand square meters.
60% of the second quarter take-up consists of build-to-suit.
There has been a slight rise in vacancy (2.8%).
Rents have been stable.
Prime yields are stable (5.3%) with a slight compression for good secondary (6.2%).
Investments doubled compared to the previous quarter.