The Romans are renowned for being the inventors of roads, newspapers, sewers, sanitation and… the office
With 280 fountains, 900 churches and regal buildings steeped in history including the Vatican City, the Sistine Chapel and the Colosseum, the “Eternal City” of Rome is famous for its history, art, architecture and world-class food. A lesser known fact is the Romans invented the first initial concept of the office, with Ancient Rome creating its own business districts whereby shops, offices and government bureaus would surround large central squares.
Today, Rome benefits from a thriving tourism industry and attracts many businesses in the oil and gas and beauty and fashion industries.Rome might not have the same reputation for fostering innovative entrepreneurs as other European capitals, yet it is quickly becoming one of the Mediterranean’s hottest startup hubs.
Studio Alliance members have undertaken projects in Italy for:
Rome Fast Facts
Average Letting Cost
€440
per square metre
Total lettings in 2019
172,529
Square metres
Vacancy Rates
8.9%
Saint Peter's Square
High-tech businesses and innovative startups have been at the top of the Italian Ministry of Economic Development’s agenda for the past two years, and the country has started attracting significant investment as a result. The region’s startup scene capitalises on the government’s flexible labour law policy, tax credits and the Italia Startup Hub visa program. Rome’s startup ecosystem has grown quickly in the past five years with the emergence of incubators, accelerators, FabLabs, Technology Transfer Centres and Smart Working Centres now in operation.In 2013, Italy’s national business registry listed just 307 startups; today there are more than 4,500 – ten per cent of which are in the Eternal City.
The Colosseum
Rome is also home to large multinational corporations including Microsoft, IBM, Google, Deloitte, and Adecco, several UN bodies, six international research centres, as well as being the location of Italy’s Government and twenty universities.
Significant Letting
ServiziSegretu
50,000 sq m
Piazza Dante, Centre
Significant Investment
Antirion SGRE / Global Comparto Core Fund
€271m
Portfolio BNL