What has just ended was one positive week for the real estate sector on the stock exchangeeven without particular ideas, due to the absence of central banks meetings (which move rates with effects on the sector) and for the focus of the quarterly season on large technological giants in the United States and banks in Europe. Looking next week, the governor of the Fed Jerome Powell will return to the spotlight, with the meeting of the Focm on Wednesday, where the rates are widely expected to remain unchanged. In the euro area, the inflation data were slightly above the expectations, with an increase in core inflation from 2.4% to 2.7% a/a (expected 2.5% a/a), but inflation was supported by a greater inflation of the services linked to Easter, therefore it should not arouse too much concern. Looking to the future, the ECB’s salary indicator indicates a clear decrease in wage growth and the wait of experts is that the drop in prices of raw materials and a greater Chinese production surcharge can also bring down the inflation of the goods, leaving room for further cuts by the ECB.
The trend of the sector on the stock exchange
The real estate sector has experienced a positive week at European level, with the index Stoxx 600 Real Estate which scored a performance of +2.6% on a weekly basis, similar to the trend of the Stoxx Europe 600 (+2.7%).
A better performance was scored by Italy, where the index FTSE ITALY All Share Real Estate showed an increase of 3.6% on a weekly basis, also in this case similar to the index FTSE MIBwhich closed the week with a rise of 3.7%.
Real estate securities listed in Milan
Among the listed real estate companies in Piazza Affari, there was a week particularly positive To live in (+8.5). Well Also restoration (+4.8%), PGD (+3.9%) and Aedes (+3.8%). Above equality Gabetti (+1.4%) and Next Re (+1.3%). In decrease Brioschi (-1.9%).
Among the corporate communicationsthe Aedes assembly approved the 2024 budget (closed at a loss for 1,482 thousand euros against a loss of 1,580 thousand euros at 31 December 2023) while the Gabetti Property Solutions assembly approved the Budget 2024 (net result of 2.8 million euros, in line with the result of 31 December 2023) and integrated the board of directors, confirming the administrator, confirming the administrator. Delegate Marco Speretta, co -opted on January 21st.
Macroeconomic data
On the macroeconomic front, indications have arrived above all from United States. They continued to decrease the Mutual questions In the United States on a weekly basis, with rates on thirty -year mortgages that only fell marginally 6.89% from 6.90% previous, according to the Mortgage Bankers Associations (MBA) data. Much more than expectations have risen buying and selling of homes In the United States (increase of 6.1% on a monthly basis in March, against +0.9% expected by analysts). The S&P Coreologic Case-Shiller indicator House prices In the United States it recorded an annual increase of 3.9% in February 2025, slightly decreasing compared to the previous detection of January 2025.
Sector studies
During the week, interesting data came from the inaugural research of CBBA, a global leader in consultancy and real estate services, according to which The leadership of companies increasingly recognizes the value of the real estate sector to support the company strategywith a still significant growth potential. C-SUITE Perspectives contains the opinions of over 250 C-shore leaders in Europe and the United States, revealing that 94% of them consider the real estate sector important for achieving the core business objectives. According to research, half of the interviewees believe that the real estate sector will become even more important in the next three years, an opinion shared by 63% of Chief Executive Officers and Chief Operating Officers. On a sectoral level, 81% of manufacturing companies provide for an increase in importance of the real estate sector and prepare to manage their real estate assets in a more proactive way. 94% of interviewees also share the opinion that Real Estate is crucial or very important to give shape to corporate culture, while 72% say that the real estate sector is already having a positive impact in achieving the core objectives. Also in Italy this significant change is observed: from the research it emerges that 87% of the Italian C-shore leaders recognize the role of the real estate sector in achieving the core objectives, with 43% which provides for growing importance in the next three years.
