News / From the associates

BNP Paribas Real Estate’s new Residential Book provides an in-depth analysis of the residential market in the City of Milan and its surrounding municipalities, with a specific focus on the so-called “Milanese Corona,” or the urban ring that includes the main first-tier municipalities.

Over the past decade, Milan has seen significant growth in both transaction volumes and property values, with particularly dynamic activity in central and semi-central areas.

Added to this are urban transformations and major infrastructure projects which, together with a housing supply increasingly geared toward modern and sustainable standards, are driving demand toward peripheral areas and neighboring municipalities.

The analysis highlights how housing demand is gradually shifting beyond municipal boundaries, in search of more affordable solutions that are nonetheless well-connected to the city center. Suburban municipalities, characterized by lower market values, are attracting families and young people seeking a better quality of life, thanks in part to local policies focused on urban regeneration, sustainability, and ensuring a high quality of life.

The so-called “Milanese Crown” is currently the site of numerous residential and infrastructure projects, many of which are funded by the PNRR, involving both the expansion of public transportation and interventions on the building stock and social inclusion.

The document also provides an up-to-date snapshot of the main demographic and economic drivers, trends in prices per square meter, and new directions in urban development—all of which are useful for understanding where demand and investment are shifting.

Download the new Residential Book from BNP Paribas Real Estate