Serviced offices in Italy

Italy’s serviced office market is led by Milan, the country’s financial and business capital and its deepest, most expensive flex market. Supply clusters in the Centro Direzionale, Porta Nuova, CityLife and the CBD, where financial services and luxury goods occupiers concentrate alongside the fashion houses and the Italian headquarters of most international banks.

Rome is a distinctly different market, driven by government, media and state-linked enterprises, with serviced supply in the EUR district, around Piazza Barberini and the historic centre at pricing below Milan. Turin’s market centres on the CBD and the Lingotto, serving the automotive economy, while the Bologna market offers something for the Emilia-Romagna manufacturing base. Further supply in Naples’s Centro Direzionale, Florence, Padova and Catania’s Etna Valley, home to Italy’s microelectronics sector, largely completes the national market, with the south offering the most accessible pricing of the major cities.

Serviced offices in Italy are used by professional services firms, fashion and luxury goods businesses, financial services teams, SMEs and international occupiers entering the Italian market. Milan serves advisory firms working with the banks and fashion houses, Rome supports consultancies serving state-linked enterprises, Turin’s suites serve automotive suppliers and Catania’s support the microelectronics supply chain. Contracts run from one month upwards, typically on rolling monthly or 12-month agreements with one all-inclusive fee, and carry none of the registration tax or dilapidations exposure of the conventional Italian 6+6 lease.