Policies

The decree-law represents an opportunity to give new impetus to the country’s economy through the administrative and bureaucratic simplifications necessary to access the resources provided by European funding instruments.

However, the measure under consideration does not adequately address the issue of urban planning and building code simplifications essential for the urban regeneration projects that our cities so desperately need. In the hope that the issue of building code ...

Assoimmobiliare outlines several priority measures to be promoted during the review of the “Sostegni Bis” decree, regarding: tax credits for shopping center operators, the possibility of renegotiating lease terms, and the exemption from regulations on shell companies.

Assoimmobiliare believes it is necessary for this instrument to be extended not only over time and to other types of real estate (in addition to private residential properties) but, above all, to other categories of users, including real estate funds, real estate asset management companies, SIIQs, and others.

Assoimmobiliare does not consider the proposal to introduce a predefined legal framework for the renegotiation of rent to be worthwhile. It would be more useful to reinstate the tax credit on rent for tenants.

Simplifying procedures in the construction sector is a necessary prerequisite for launching a wave of urban regeneration that will also serve as a catalyst for the economy.

The burden of direct and indirect property taxes has had a significantly negative impact on the value of the nation’s real estate assets, with repercussions on household savings. Assoimmobiliare believes that a reform of the IRPEF must carefully consider real estate taxation in order to preserve and enhance an essential component of national wealth and to enable the built environment to evolve in a sustainable manner, both from a social and environmental perspective, including with a view ...

In calling for a comprehensive review of the entire bill, Confindustria Assoimmobiliare is offering its input in the form of specific amendments to the bill.

The impact of the COVID-19 pandemic on the Italian real estate market has been and continues to be extremely severe.

Confindustria Assoimmobiliare has identified six urgent and priority legislative measures capable of providing relief to the real estate sector by reducing costs for operators and helping the country’s economy recover.

Confindustria Asosimmobilaire presents the association’s proposals for the implementation of an integrated national strategy aimed at decarbonizing the building stock and the construction sector within the framework of the circular economy.

Enforcement and bankruptcy proceedings still take about twice as long as the European average. The lengthy duration of judicial debt collection proceedings is one of the factors responsible for the accumulation of non-performing loans that has affected banks’ balance sheets. Asoimmobiliare has developed proposals aimed at making enforcement and bankruptcy proceedings more effective and improving sales procedures, with a focus on out-of-court sales.

Law No. 296 of 2006 established Listed Real Estate Investment Companies (SIIQs) in Italy, which represent the Italian version of the REIT model based on the French model.
In Europe, 71 listed REITs, operating in 13 countries, own real estate assets worth approximately 300 billion euros, while in Italy they remain underdeveloped. A reform of the legislation is therefore needed to promote their expansion, bringing benefits in terms of capital attraction and market transparency.
In this ...

The real estate industry has long been investing in innovation and sustainability across Italy, offering modern solutions that meet the highest international standards—both in terms of products, such as modern, sustainable, connected buildings integrated into people-friendly environments, and in terms of services, such as social housing, university housing, offices, and much more. To enhance the real estate sector’s capacity to drive economic growth, support for these policies must also ...