Capex linked to efficiency is shifting from a value-enhancing measure to a defensive choice. Complying with ESG criteria is becoming essential to avoid ending up with empty buildings. Refurbishment can cost between 15 and 70 per cent of the asset’s value. From 2022, <span style="font-family: inherit; font-size: 1.25rem;">conversions totalling </span><span style="font-family: inherit; font-size: 1.25rem;">€1.5 billion </span>

Outdated offices: Milan tops the European rankings for risk, with 86 per cent in need of refurbishment

This is reported by the Financial Times. The hedge fund is banking on the sector’s ability to continue raising rates, thanks to strong international demand and a shortage of high-end properties in the most sought-after locations

Tci, the fund run by British tycoon Chris Hohn, is investing over 600 million dollars in hotels in Italia 

AbitareIn and Techbau finalise the deal: 14 residential projects sold and farewell to Star

DeA Capital Real Estate appoints Emiliano Ranati as its new chief executive

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