The one who has just ended was a less negative week of the market in general for the real estate sector. The so -called “liberation day”, the one in which Trump announced severe duties on all commercial partners, was the dominant theme in the markets. The escalation of the commercial war proved to be more extensive than expected by most analysts and taken for granted by investors. As a result, global actions collapsed at all latitudes, compulsory returns have decreased and oil prices have undergone a serious blow. I am increase the chances of a recession in the United States and estimates on growth in Europe have been affected, where they are also Bets on rates cuts increased significantly by the European Central Bank (ECB), an important topic for the real estate sector.
The trend of the sector on the stock exchange
The real estate sector has experienced an interlocutory week at European level, with the index Stoxx 600 Real Estate which scored an essentially unchanged performance on a weekly basis, much better than the trend of the Stoxx Europe 600 (-8%).
A worst performance was scored by Italy, where the index FTSE ITALY All Share Real Estate He showed a 4.5% drop on a weekly basis, overcoming the FTSE MIB index that closed the week with a reduction of 11%.
Real estate securities listed in Milan
Among the listed real estate companies in Piazza Affari, there was a week to forget For Gabetti (-8%). Bad Also Brioschi (-6%), Aedes (-4.7%), live in (-4.4%), PGD (-3.8%) and remediation (-3.8%). It is saved Next Re (-0.6%).
Among corporate communications, IGD Real estate large retailers Siiq has called to hold the role of CFO and manager with strategic responsibilities Luca Lucaroni, who boasts a multi -year and wide international experience in the Retail Real Estate sector listed. Furthermore, Bastogi and Brioschi real estate development They have communicated that – without exclusive constraints – the negotiations for the feasibility study of the settlement of a digital tertiary complex in a part of the area in the municipality of Rozzano owned by Infrafin (company controlled by the two).
Macroeconomic data
After reporting a decrease in the activity in February, a March it seems that the Italian construction sector It has returned to grow, according to the monthly report by S&P Global and Hamburg Commercial Bank. During the last investigation, the building activity has increased, supported by the greater volume of new orders. In March, the operating expenses increased at a high pace, with a pressure on the costs probably due to the major ones of the quantities purchased. “The future of the Italian construction sector appears more rosy, but the level of optimism remains low if inserted in the historical context”, reads the report.
In United Statesit increases more than expectations the Expenditure for construction in February; The data, communicated by the American trade department, stood at 2,195.8 billion dollars, recording a growth of 0.7% on a monthly basis, compared to +0.3% of analysts’ estimates and after -0.5% in January. Furthermore, the Mutual questions in the United States in the week As of March 28, 2025: the index that measures the volume of the mortgage loan applications recorded a decrease of 1.6%, after the decrease of 2% of the previous week, according to the Mortgage Bankers Associations (MBA), which also indicated that the thirty -year mortgages raised to 6.70% from 6.71% previous.
Sector studies
Over the week, interesting data arrived from a search for Real estate scenariosaccording to which thanks to the innovation factor in 2035, the set of construction, development, management and enhancement of real estate assets can generate about 535 billion euros of wealth in Italy, of which over five percent for the construction sector, almost 2.5 percent for development and more than 14 percent for real estate activities. Values that reach 800 billion euros to 2050, with a scissor between 8 and 10 percent from buildings, between 3 and 3.5 percent from development and between 17 and 19 percent from real estate activities.
Pending the new detection of the group Tecnocasa On the real estate market of the second half of 2024, the Study Office has made it known that in the first part of 2024 the prices of Rome scored an increase of 0.6%. The values of the houses in the center increase by 2%, but remain stable in the historic center of Rome. The market is increasingly characterized by an extremely small offer, few properties that are sold quickly. To buy them also foreigners in love with the city and not very sensitive to the qualitative characteristics of the property, aspect assessed more by the Italian buyer. Foreigners who establish their residence in Rome are more and more. The demand for properties in purchase and rent to create accommodation facilities in view of the Jubilee is increasing.
