Italy Private Wealth Market Dynamics, Q1 2026

Private wealth investors (Ultra High Net Worth Individuals, Family Offices, and Family Holdings) deployed €400 million in Italian commercial real estate during Q1 2026.

Office and retail (mainly high street) sectors are the most sought-after by private wealth buyers: these two asset classes accounted for over 80% of investment volumes in Q1 2026, in line with 2025 results.

The private wealth segment has reached significant maturity, with average ticket sizes growing from €20 million in 2019 to €34 million in Q1 2026, reflecting investors' increasing sophistication and market confidence in CRE asset class.