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.

| Protos Group

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.