According to DHS Group and affiliates, In 2019, real estate investments in Italy exceeded EUR12 billion, an increase of around 37% compared to 2018. However, growth was not uniform across the sector. The market for offices remained stable. The short rental, senior living and, especially, the student housing sectors gained ground. The logistics and hospitality sectors grew notably but the retail sector suffered and there was no significant growth, except for in outlets and high street retail.