Industry Statistics and Rankings
How does this industry perform in Italy compared to Europe?
Country Benchmarking
Industry Data Italy
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#5 In EuropeBusiness
#3 In EuropeEmployees
#6 In EuropeWages
#11 In EuropeThe Direct Real Estate Activities industry have come up against numerous headwinds in recent years, ranging from the COVID-19 outbreak in 2020 to the high base rate environment in the years since, which has inflated borrowing costs for potential buyers. This is a sharp contrast to the ultra-low interest environment seen over the decade following the 2008 financial crisis. Still, revenue is forecast to edge upwards at a compound annual rate of 0.6% over the five years through 2025 to €622.9 billion, including an anticipated rise of 0.8% in 2025. Despite weak revenue growth, profitability remains strong, with the average industry profit margin standing at an estimated 18.9% in 2025.
Enterprises
Number of businesses in 2025
Biggest companies in the Direct Real Estate Activities in Italy
| Company | Market Share (%)
2025 | Revenue (€m)
2025 | Profit (€m)
2025 | Profit Margin (%)
2025 |
|---|---|---|---|---|
Klépierre SA | 1,280.0 | 512.0 | 40.0 |
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Top Questions Answered in this Report
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What is the market size of the Direct Real Estate Activities industry in Italy in 2025?
The market size of the Direct Real Estate Activities industry in Italy is €35.5bn in 2025.
How many businesses are there in the Direct Real Estate Activities industry in Italy in 2025?
There are 172k businesses in the Direct Real Estate Activities industry in Italy, which has grown at a CAGR of 0.3 % between 2020 and 2025.
Has the Direct Real Estate Activities industry in Italy grown or declined over the past 5 years?
The market size of the Direct Real Estate Activities industry in Italy has been growing at a CAGR of 1.1 % between 2020 and 2025.
What is the forecast growth of the Direct Real Estate Activities industry in Italy over the next 5 years?
Over the next five years, the Direct Real Estate Activities industry in Italy is expected to decline.
What are the biggest companies in the Direct Real Estate Activities industry in Italy?
The biggest company operating in the Direct Real Estate Activities industry in Italy is Klépierre SA
What does the Direct Real Estate Activities industry in Italy include?
Residential property and Commercial property are part of the Direct Real Estate Activities industry in Italy.
Which companies have the highest market share in the Direct Real Estate Activities industry in Italy?
The company holding the most market share in the Direct Real Estate Activities industry in Italy is Klépierre SA.
How competitive is the Direct Real Estate Activities industry in Italy?
The level of competition is moderate and increasing in the Direct Real Estate Activities industry in Italy.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
Table of Contents
About this industry
Industry definition
The Direct Real Estate Activities industry encompasses the ownership, leasing, operation and rental of self-owned or leased residential and non-residential properties, including apartment buildings, office spaces, retail centres and land. The industry also involves the provision of long-term residential accommodation and managing property assets, excluding property development for sale, land improvement and temporary accommodation services such as hotels and campgrounds.
Related Terms
ESCROWREAL ESTATE INVESTMENT TRUSTBROWNFIELDGREENFIELDWhat's included in this industry?
Residential propertyCommercial propertyIndustrial propertyCompanies
Klépierre SAIndustry Code
681 - Real estate activities with own or leased property in Italy
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Performance
Revenue Highlights
Trends
- Revenue
- 2025 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Direct Real Estate Activities in Italy industry?
Outlook
Analysis
What's driving the Direct Real Estate Activities in Italy industry outlook?
Volatility
Analysis
What influences volatility in the Direct Real Estate Activities in Italy industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Direct Real Estate Activities in Italy industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Falling interest rates support revenue. Mortgage rates have trended upwards over the past couple of years, hitting demand for residential property. Now that rates are falling, buying a home will be more feasible for some, boosting estate agents’ revenue.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Direct Real Estate Activities in Italy industry's products and services performing?
Analysis
What are innovations in the Direct Real Estate Activities in Italy industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Direct Real Estate Activities in Italy industry?
International Trade
Highlights
- Total Imports into Italy
- Total Exports into Italy
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2025)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
The real estate market remains fragmented. There’s plenty of room for small and large companies alike to succeed in all corners of the market, given the wide array of properties dealt with.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2025)
Data Tables
- Number of Establishments by Region (2025)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Direct Real Estate Activities in Italy located?
Companies
Data Tables
Top 1 companies by market share:
- Market share (2025)
- Revenue (2025)
- Profit (2025)
- Profit margin (2025)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Real estate transactions must align with strict regulations. Regulation in real estate exists to protect the interests of buyers, sellers, investors and the public.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Direct Real Estate Activities in Italy industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Profit is back on the rise. With employees returning to offices and property transaction numbers growing as interest rates edge down, demand for real estate services is climbing, boosting profitability.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Direct Real Estate Activities in Italy industry?
Key Ratios
Data tables
- IVA/Revenue (2015-2030)
- Imports/Demand (2015-2030)
- Exports/Revenue (2015-2030)
- Revenue per Employee (2015-2030)
- Wages/Revenue (2015-2030)
- Employees per Establishment (2015-2030)
- Average Wage (2015-2030)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and bottom five countries listed for each:
- Revenue Growth (2025)
- Business Growth (2025)
- Job Growth (2025)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2025)
- Imports/Demand (2025)
- Exports/Revenue (2025)
- Revenue per Employee (2025)
- Wages/Revenue (2025)
- Employees per Establishment (2025)
- Average Wage (2025)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2015-2030)
- IVA (2015-2030)
- Establishments (2015-2030)
- Enterprises (2015-2030)
- Employment (2015-2030)
- Exports (2015-2030)
- Imports (2015-2030)
- Wages (2015-2030)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
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