The recent comments by Joe Azelby, head of the real estate department of UBS, provide the new interest in real estate investments.
Joe Azelby, head of UBS’s real estate, explains:
What interests international investors is not the changes in government, but the economic reforms and the measures capable of offering the right economic context in order to invest by those who manage more than one hundred billion euros of real estate assets. And what we see is that the growth of Italian GDP is among the lowest in Europe and that the financial market is quite vulnerable. That said, there are exceptions, such as Milan, that march to a completely different drummer.