MI Nord Ovest

ENTERPRISE AND REAL ESTATE MARKET

Area with a high density of production activities, specialising in professional activities, manufacturing and education. Real estate market increased in size for warehouses and offices in metropolitan areas, excluding Milan. The dynamism of the sales market lower than the metropolitan average for offices (yearly turnover 1.6%) and for warehouses (yearly turnover 0.8%). Prices above the metropolitan average (excluding Milan) for offices in the central area and in line with the average for new warehouses.

Presence of enterprises (HY1 2017)                                High density of active enterprises (155 per km²) than the average of the Metropolitan City (excluding Milan).

INDUSTRY AND COMMERCE

Evolution of the production structure (2014-2017)                                                                       For Transportation and storage, expansion for local business units and employees. For Trade activities and construction, growth of local business units and drop in employees. For Manufacturing, drop in local units with growth of employees.
Productive specialisation (HY1 2017) Low specialisation in: Manufacturing; Energy supply.
Surface area occupied by Industrial Warehouses (HY1 2017) About 3.1 million square metres, equal to 18% of the total of the Metropolitan City (Milan excluded).
Purchase and sales of Industrial Warehouses (2016) 20 sales recorded, equal to 19% of the territory of the Metropolitan City (Milan excluded). The average of the previous three-year period is equal to 62 sales. 
Price of new Industrial Warehouses (HY1 2017; euro/sqm; annual change) Average price falling: 773 euro/sqm (-1,3%).

OTHER SERVICE ACTIVITIES

Evolution of the production structure (2014-2017)                                                    

For financial-insurance activities, growth of local units with drop in employees. Information and communication services are decreasing in local business units with a growth of employees. Expansion for all other services.

Productive specialization (HY1 2017) Strong specialisation in: Professional activities. Follows: Business support services; Education.
Surface area occupied by Offices (HY1 2017) About 610,000 square metres, equal to 17% of the total of the Metropolitan City (Milan excluded).
Purchases and sales of Offices (2016) 48 sales recorded, equal to 14% of the territory of the Metropolitan City (Milan excluded). The average of the previous three-year period is equal to 55 sales.
Price of Offices (HY1 2017; euro/sqm; annual change)

In central locations: average price falling (1,502 euro/sqm; -1.0%)

In decentralised locations: average price falling (1,177 euro/sqm; -2.0%

INFRASTRUCTURE ACCESSIBILITY

Good accessibility conditions, both on an overall level and for individual modal categories, although less significant for rail mobility (consistent with the population/employees density, also above average), in relation to the good provision of infrastructures, to the discrete levels of interchange at stations/stops, to the almost central position with respect to the airport system and to the presence of public transport services including the direct and "dedicated" connections to the airports.

Accessibility (total, road, rail and airports)
High average values ​​of the indicators of accessibility, both on an overall level, and for the individual modal category, although less significant for rail mobility.
Correlation between accessibility and population/employees density Overall accessibility and population/employees density both above average.

Partners

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