Inside a historic building in the heart of Milan, our Italian office is within walking distance of the Duomo and “La Scala” theatre.

The capital of Lombardy and the second largest city in Italy stands out because of its enormous catchment area, which makes the economic area the fourth largest metropolitan area in Europe.

A young and energetic team implements projects of all asset classes, especially in the north of the Italian boot, but works also on international business areas.

“We are located in the heart of Italian business and deal with investors all over the boot. The Italian market offers interesting investment opportunities, and we strongly believe in the resilience of the real estate market.

Our young and well-prepared team assists potential investors and existing clients in a highly professional and careful way.”


Roberto Vellotti, Country Manager

Milan Team

Roberto Vellotti,Country Manager IT,vellotti@arnold.investments,+39 02 30 32 975 9

Roberto Vellotti Country Manager IT

vellotti@arnold.investments

+39 02 30 32 975 9

Fabrizio Nardi,Investment Broker,nardi@arnold.investments,+39 02 30 32 975 5

Fabrizio Nardi Investment Broker

nardi@arnold.investments

+39 02 30 32 975 5

Marta Pichierri,Office Manager IT,pichierri@arnold.investments,+39 02 30 32 975 0

Marta Pichierri Office Manager IT

pichierri@arnold.investments

+39 02 30 32 975 0

see the whole arnold team
Investment Market Italy
9.1bn
Transaction Volume
Q1 - Q3 2022
Office
3.25%
Milan
Q3 2022 Prime Yield
Residential
3.75%
Milan
Q3 2022 Prime Yield
Hotel
4.75%
Milan
Q3 2022 Prime Yield
Retail
3.30%
Milan
Q3 2022 Prime Yield
I&L
4.30%
Milan
Q3 2022 Prime Yield
Transaction Volume By Investor Origin (in m €)
Domestic
Foreign
Want to know more? Contact us!
Transaction Volume By Property Type
Q1 - Q3 2022
Office
Residential
Hotel
Retail
I&L
Development
Prime Yields (in %)
Office
Residential
Hotel
Retail
I&L
Want to know more? Contact us!
In-Depth Yield Assessment - Q3 2022
Filter by property type:
Office
Residential
Hotel
Retail
I&L
Milan
Office: Prime Yield
3.25%
Change Y-o-Y: 25 BPS
Change Q-o-Q: 25 BPS
Office: Yield Decentralized Class A
4.50%
Change Y-o-Y: 25 BPS
Change Q-o-Q: 25 BPS
Rome
Office: Prime Yield
3.75%
Change Y-o-Y: 25 BPS
Change Q-o-Q: 25 BPS
Office: Yield Decentralized Class A
5.75%
Change Y-o-Y: -25 BPS
Change Q-o-Q: 25 BPS
Milan
Residential: Prime Yield
3.75%
Change Y-o-Y: 0 BPS
Change Q-o-Q: 25 BPS
Student Housing: Prime Yield
4.30%
Change Y-o-Y: -45 BPS
Change Q-o-Q: 5 BPS
Tier 2 city
Student Housing: Prime Yield
5.00%
Change Y-o-Y: 0 BPS
Change Q-o-Q: 10 BPS
Milan
Logistics: Prime Yield
4.30%
Change Y-o-Y: -20 BPS
Change Q-o-Q: 40 BPS
Rome
Logistics: Prime Yield
4.50%
Change Y-o-Y: -20 BPS
Change Q-o-Q: 20 BPS
Bologna
Logistics: Prime Yield
4.50%
Change Y-o-Y: -10 BPS
Change Q-o-Q: 20 BPS
Veneto
Logistics: Prime Yield
4.60%
Change Y-o-Y: -20 BPS
Change Q-o-Q: 20 BPS
Turin
Logistics: Prime Yield
5.00%
Change Y-o-Y: 10 BPS
Change Q-o-Q: 20 BPS
Milan
High Street Retail: Prime Yield
3.30%
Change Y-o-Y: 20 BPS
Change Q-o-Q: 20 BPS
Retail Park: Prime Yield
6.75%
Change Y-o-Y: 25 BPS
Change Q-o-Q: 25 BPS
Rome
High Street Retail: Prime Yield
3.30%
Change Y-o-Y: 20 BPS
Change Q-o-Q: 20 BPS
Retail Park: Prime Yield
7.00%
Change Y-o-Y: 30 BPS
Change Q-o-Q: 30 BPS
Venice
High Street Retail: Prime Yield
4.30%
Change Y-o-Y: 20 BPS
Change Q-o-Q: 20 BPS
Florence
High Street Retail: Prime Yield
4.00%
Change Y-o-Y: 10 BPS
Change Q-o-Q: 20 BPS
Italy
Shopping Centre : Prime Yield
6.10%
Change Y-o-Y: 20 BPS
Change Q-o-Q: 20 BPS
Shopping Centre : Yield Class B
8.25%
Change Y-o-Y: 50 BPS
Change Q-o-Q: 25 BPS
Supermarket: Prime Yield
5.00%
Change Y-o-Y: -20 BPS
Change Q-o-Q: 0 BPS
Milan
Hotel Management Contract: Prime Yield
6.25%
Change Y-o-Y: -25 BPS
Change Q-o-Q: 25 BPS
Hotel Lease Contract: Prime Yield
4.75%
Change Y-o-Y: 0 BPS
Change Q-o-Q: 25 BPS
Rome
Hotel Management Contract: Prime Yield
6.75%
Change Y-o-Y: -5 BPS
Change Q-o-Q: 25 BPS
Hotel Lease Contract: Prime Yield
5.25%
Change Y-o-Y: -5 BPS
Change Q-o-Q: 25 BPS

Market Analysis

Investment Market EU
Austria Germany Spain Italy Portugal
Czech Republic Slovakia Hungary Netherlands Sweden

Italy | Milan

Arnold Investments S.r.l.
Corso Giacomo Matteotti 1
20121 Mailand
Phone: +39 02 30 32 975-0
it@arnold.investments Get in touch
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