The Italian real estate market experienced a strong 2024 recovery, recording an investment volume of 9.85 billion euros, an increase of 56 percent compared to 2023. After a phase of slowdown, the sector benefited from greater economic stability, evolving housing needs and newfound investor confidence.

The key trends of 2024

The latest edition of Protos’ Real Estate Outlook highlights key growth drivers in the sector:

  • Student Housing Expansion: the student housing sector has seen strong dynamism, with major operations in several Italian cities.
  • Urban redevelopment and space repurposing: the transformation of office buildings into residences and accommodations has responded to the growing demand for housing solutions in metropolitan areas.
  • Growing interest in alternative assets: sectors such as tourism, logistics, and technological infrastructure have been prominent in new investment opportunities.

Outlook for 2025

Forecasts point to market consolidation, supported by falling interest rates and a growing focus on sustainability and innovation. Demand for flexible spaces and increasingly energy-efficient real estate solutions will continue to shape the future of the sector.

In our new Real Estate Outlook, we take a detailed look at trends and opportunities for investors and practitioners.