Foreign buyers drive Italian retail investment

Some EUR 2.5 bn of Italian retail assets is up for grabs in Italy as developers look to cash in on rebounding property prices, according to Davide Dalmiglio, head of JLL's retail capital markets in Italy. 'Despite the large availability of product, as little as 10-15% of total stock corresponds to investors' current risk profile,´ Dalmiglio said.

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