Italy saw €3.6 bn of cross-border property investment in 2013, more than twice the amount in 2012, CBRE told the PropertyEU Italy Investment Briefing.

More than €1.3 bn came from North America and a similar amount from within Europe, according to CBRE data. 
Almost €900 mln came from the Middle East and Asia, with Qatar alone spending €787 mln. 
In May last year, PropertyEU revealed that Qatari investors had bought 40% of the flagship Porta Nuova mixed-use development in central Milan from Italian fund manager Hines.

The trend for foreign investment appears to be continuing into 2014, with 48% of the roughly €700 mln in commercial real estate deals done in Q1 coming from abroad. 

For the opening presenatation and videos of the event, click on Italy Investment Briefing

For more information visit:

http://www.propertyeu.info/index-newsletter/italy-briefing-foreign-investment-in-italy-doubles-in-2013/