This department offers its clients a comprehensive project solution, providing services that encompass interior design, integrated management of new-build and restoration projects, along with consultancy services.
The Building consultancy team is an internationally experienced and multidisciplinary group of engineers and architects. These professionals help clients in the phases of their business, monitoring all the real estate development processes. In Italy the team is made by two groups with different specialization: Building Consultancy and Project Management. The first gives advice on the state of art of a premises, a building or a portfolio of properties, the latter helps you to manage the building process. As technical consultants our professionals ensure a targeted approach aimed at satisfying the specific requirements of each client whatever its need in the acquisition, disposal, letting of properties. CBRE Building Consultancy is a specialist group which provides detailed advice to investors, allowing them to enter into contacts for premises with clarity about the liabilities that flows from ownership of a property.
Our highly qualified and professional Project Management Department represents the technical support tool required by the clients throughout the extensive real estate execution processes involved, that call for the co-ordination of numerous disciplines. The intended aim is to create value and to avoid risk, by co-ordinating and aligning the construction solutions with the financial goals established by the Owner.
With customised management for architectural projects, we oversee the development of every type of construction, and we provide innovative, highly effective, and sustainable solutions for investors, developers, and owners.
Consumers’ confidence continued to be positive in the first quarter of 2018, outlook is positive as well.
Consistent pipeline with over 300,000 sqm expected to open in 2018.
Rents for prime units in shopping malls are rising both in Milan and Rome, to 940 Euro sqm per year and 960 Euro sqm per year respectively: this confirms the growing polarization between prime and non-prime malls.
Rents are continuing to rise in the high street sector, with Milan reaching 7,000 Euro sqm per year and Rome 6,800 Euro sqm per year.
Investment demand for malls is contracting, especially as an irrational response to a widespread fear for dead malls originated in the United States.
The investment volume in the first quarter was up of 35% compared to the same period of last year.
In Q1 2018 take-up was approximately 82,000 sqm, net absorption was positive.
Protagonists of the quarter were the large deals (>10,000 sqm concentrated in the peripheral areas and the hinterland.
The most important negotiations concluded during the quarter involved a colossus in the automotive sector who leased new office space (10,000 mq), a foreign entity operating in the education sector which has occupied around 12,500 sqm and a logistics operator that leased 13,000 sqm.
The vacancy rate was down, coming in at 11.4%, confirming the trend of the previous quarter.
The prime rent of the CBD was also higher reaching 560 Euro/sqm/year. The prime rent in the Centre was also up at 400 Euro/sqm/year;
The pipeline for the next two years remains buoyant, with around 271,000 sqm with completion scheduled by the end of 2020.
The volume of investment in the office sector contracted compared to Q1 2017; it excludes investments involving buildings with mixed use which in the quarter attracted around 200 million euro.
L’assorbimento trimestrale si contrae di circa il 50% sia rispetto al trimestre precedente che rispetto allo stesso periodo dello scorso anno.
La dimensione preferita dagli operatori è inferiore ai 5.000 mq, prevalentemente per esigenze di copertura dell’ultimo miglio.
Il letting di immobili esistenti guida l’assorbimento del trimestre, con il 70% del take-up.
Canoni prime stabili a 55 Euro mq anno sia a Milano che a Roma.
I 3PL si confermano essere gli utilizzatori principali, seguiti dagli operatori di e-commerce.
Prosegue il trend positivo di contrazione dello sfitto, con il vacancy rate che sfora la soglia del 4%.
Prosegue la compressione dei rendimenti anche nel primo trimestre dell’anno, intorno al 5,6%.
L’area più dinamica si conferma Milano: il 73% del take-up risulta compreso nelle aree core e greater di Milano.
Con poco più di 300 milioni di Euro investiti, il settore della logistica mostra nel primo trimestre una crescita del 75% rispetto allo stesso periodo dello scorso anno. L’e-commerce inizia a guidare anche gli investimenti.