Rome | OFFICE Q1 2019

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The results observed in the Roman market during the first quarter are quite reassuring. Take-up of office space amounts to 78,600 sqm, up sharply compared to the same period of the prior year.
This result was achieved thanks to two transactions of over 10,000 sqm. Specifically, mention goes to the letting by Agenzia delle Entrate of 15,000 sqm in the building at Via del Giorgione, recently acquired by INAIL. The other transaction involves a free-standing building along Via Pianciani, let by a company that provides business centres on a sub-letting basis to other companies. While it is not a co-working company, it does have a similar business model. These types of companies are increasingly present in the city of Rome, after becoming widespread in Milan. Their growth should be observed with attention, as they could change the office market in some specific parts of the city, particularly in the zones where small lettings are usually concentrated (less than 500 sqm). In the city on the whole, the quality of office supply will increase further and will enable new forms of work linked to co-working.

Rome Office 2019 Q1  UK

Rome | OFFICE Q1 2019

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