According to the latest research of BNP Paribas Real Estate Italia investments scenario, in spite of the economic downturn and credit crunch, the Italian real estate market has recorded in 2011 the same volume of investments (around 4 300 000 000 euro) of the previous year.
During 2011 approximately 600 000 000 euro have been invested in retail assets in Rome, -10% compared to 2010. Whereas around 530 000 000 euro have been invested in office properties in Milan.
The forecast for this year is less optimistic however it is predicted to reach more or less the same volumes of investments (around 3 500 000 000 - 4 000 000 000 euro) in 2012 if there is no serious global crisis.
Source: http://novrealty.com/news/finance/italy/italian-residential-property-market-stays-stable-10117/