Scenari Immobiliari report on real estate services in Italy and Europe: Prelios Integra leader in Property Management with 7.8 million sq.m under management

Oct 25 2018

In Milan, Scenari Immobiliari has presented its report on real estate services in Italy and Europe. The report – now in its fourth edition – analyzes the real estate services industry, highlighting how good asset management creates value, thanks to the growing professionalization of the sector over the last few years, first in Europe and now in Italy too. In the Scenari Immobiliari ranking, Prelios Integra, the leading provider of integrated real estate services in Italy, holds first place in property management with 7.8 million square meters under management, followed by Bnp Paribas Real Estate Property Management and Revalo.

Lorenzo Barbagli, Prelios Integra Business Development – who was a speaker at the presentation of the Scenari Immobiliari report – commented: "Today on the property management market and on the market for technical property management services in general, providers are being asked to offer a multiplicity of complex services to support real estate investment and divestment transactions. To respond to this, an extensive effort is needed to train, motivate and qualify professionals in our industry, together with technological innovation relating to the up and coming trends in the sector: property tech, big data, energy management, security management.”

Development is expected in two segments, on which there will be an intense focus: UTPs and repossessed properties from NPL deconsolidation. "Prelios Integra is already well ahead in these two new areas,” said Barbagli. "We have already put in place an urban planning and real estate advisory team, who, together with our project management team, can enhance and transform these specific property products.”

According to Scenari Immobiliari, revenues from real estate services in the five main European countries (France, Germany, Italy, UK and Spain) amount to just over 400 billion euro, with the UK and Germany as the two most important markets. The Italian market is close to 40 billion. "We are closing the significant gap with respect to the other countries in property services. And growth has only just begun, while there is ample scope for development in the sectors concerned with companies and families,” said Mario Breglia, chairman of Scenari Immobiliari, observing that this was "work in progress, but good progress nevertheless."