• The positive trend in consumer confidence continued even in the first quarter of 2018
  • GDP growth slowed slightly in the first quarter of the year, coming in at 0.3%.
  • Inauguration of the Aura shopping mall, which has an F&B offer occupying 12% of the GLA.
  • Prime rents were stable both in Milan and Rome at 940 Euro per sqm per year and 960 Euro per sqm per year respectively.
  • Rents are continuing to rise in the high street sector, with Milan reaching 7,200 Euro per sqm per year and Rome 7,000 Euro per sqm per year.
  • Yields, both prime and secondary, were unchanged both on shopping malls and on the high street.
  • Investment volumes in the first half of the year, with over one billion invested in the retail sector, showed a decline of just over 10%.