2020 was a year marked by the difficulties brought by the pandemic. This, combined with the fragile situation of the economy prior to Covid, has left Italy hard-hit, with a projected 9.5% contraction in GDP in 2020.
Contrary to original expectations, a ‘V’ shaped recovery is off the table, with potential future lockdowns in 2021 further delaying recovery. Even then, there are opportunities available as the ways of living and working are reshaped.
In this report, we have analysed the evolution of the principal real estate sectors during the second half of 2020.
We hope you find it interesting and helpful.
