The European living sector was one of the few which benefitted from the current market environment: volumes in Q1 2021 increased by 45% on the same quarter of the previous year. The high interest for the sector was also perceived in the Italian context; domestic and international operators are eager to invest in the Italian market, especially in the north of the Country: just in 2020 multifamily PRS investment volumes recorded around €400 million and several developments and land acquisitions were closed for around €150 million.
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