Even though the Italian real estate market is not in a blooming phase, the asset managers are in good health, said the 2023 report of Scenari Immobiliari and Studio Casadei about funds and Reits (real estate investment trust) (see here a previous post by BeBeez). The funds’ portfolios are worth 4.55 billion euros. Europe makes 35% of world’s asset and has a volume of 1.58 billion. Italian portfolios are worth 127 billion that may increase to 132 billion in 2024. Mario Breglia, the chairman of Scenari Immobiliari, said that the funds have a defensive role. The 630 Italian funds’ portfolios make 12% of the European value and for 2024 they may grow their Nav by 2.7% and their assets by 3.9%, said Francesca Zirnstein, the coo of Scenari Immobiliari. Further contributors for such a report are: Gottardo Casadei (Studio Casadei), Michele Beolchini (Investire sgr), Alessandro Busci (Prelios sgr), Emanuele Caniggia (Dea Capital Real Estate sgr), Riccardo Corsi (Fabrica Immobiliare sgr), Fulvio Delaiti (Pimco Prime Real Estate), Giovanni Di Corato (Amundi Real Estate Italia), Massimo Di Gregorio (Ream), Domenico Giusti (Castello), Gabriella Pelosi (Generali Real Estate), Emiliano Ranati (Cdp Real Asset), Cristiano Rossetto (Coima), and Vincenzo Scerbo(Colliers Global Investors Italy).
