Chiomenti Talks | Real Estate in Italy

The Real Estate sector in Italy is undergoing significant transformations, with the emergence of new trends and future prospects linked to macroeconomic changes: this, along with the analysis of innovative urban regeneration projects, was the main theme of the latest Chiomenti Talks event, held on May 30th at the Auditorium Verdi 4 in Milan. 

Following the introductory remarks by Patrizia Liguti, Partner, Flavia Pagnanelli, Managing Associate, introduced a first roundtable focused on initiatives for the regeneration of Italian real estate heritage and their impact on communities. 
Francesca Orlandini, Managing Director of Hines Italy, provided a perspective on sustainability, emphasizing how investors are increasingly prioritizing ESG aspects in urban regeneration activities. 
Through a dialogue with Alessandro Giacosa, Senior Associate, Daniele Pronestì, President of Confindustria Assoimmobiliare Giovani, discussed the opportunities offered by cities like Milan or Rome for such initiatives, as well as the role of public policies in the real estate sector. 
In conclusion, Luca Bussolino, Partner of Ratti e Associati, presented some exemplary urban regeneration projects that can serve as a model for the Italian market. 

The second roundtable focused on recent developments in the Italian real estate market, with particular attention to medium-term prospects, gathering experiences and know-how from specialized professionals. 
Luca Cerciello, Senior Associate, led a discussion with Alessia Ratti, Director of Natixis CIB, and Andrea Airò, Director of Patrizia SE, on the influence of new macroeconomic variables on real estate operations. 
Niccolò Coresi, Managing Director of Blackstone, highlighted which asset classes are most attractive to investors, providing his perspective on the relationship between Italian and foreign markets,
Lastly, the roundtable ended with an in-depth exploration of how the assessment of an operation's financial feasibility has changed, with a increasing significance of ESG factors.