S N A P S H O T #6 BOLOGNA

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1 S N A P S H O T #6

2 P A G E 2 ANALYSIS FIELDS G e n e r a l f r a m e w o r k T h e m u n i c i p a l i t y of B o l o g n a A t t r a c t i v e n e s s N o m i s m a I 2 I S c o r e T e r r i t o r i a l b e n c h m a r k i n g F O C U S O N A t t r a c t i v e n e s s a s s e t s

3 GENERAL 1 FRAMEWORK

4 Municipality analysis P A G E 4 Airport: YES SURFACE AREA 140,86 kmq POPULATION abitanti DENSITY inhabitants/kmq METROPOLITAN CITY High speed railway: YES Nearest port: VENICE (155 km) Road distance from the main cities: M I L A N T U R I N R O M E k m k m k m SOURCE: Nomisma Italy2Invest, 2018

5 ATTRACTIVENESS 2

6 NOMISMA I2I SCORE

7 Italy2Invest What is Synthetic index on municipalities attractiveness P A G E 7 ITALY2INVEST is the first integrated platform of Urban Data Intelligence that offers data to measure ATTRACTIVENESS, COMPETITIVENESS and WELLNESS OF ITALIAN TERRITORIES and it offers advice to support the choices of investors and policy makers. Attractiveness is a complex measure that expresses the ability of a territory to attract, enhance and retain strategic resources, capital, technologies and human resources. DATA Collection (+250 indicators) Cleaning Modeling Reduction Transformation Data preparation STEP 1 The methodological approach adopted by ITALY2INVEST the attractiveness provides this following steps: in order to measure Implementation of a definitional scheme that allows to map in a multidimensional way the different conceptual fields of a territory attractiveness Identification of 8 domains that contribute to the determination of attractiveness Data collection strategy that has identified and systematized 22 public and private sources with municipal data Design of a database with 250 indicators for 7998 Italian municipalities Implementing an algorithm of data reduction in synthetic indicators for each domain and in NOMISMA I2I SCORE STEP 2 8 DOMAINS OF ANALYSIS 1. Environment 2. Socio-Economic Conditions 3. Companies and Credit 4. Real Estate Market 5. Public Administration and Justice 6. Population 7. Services (allocations and expenditure) 8. Tourism Aggregation of indicators in 8 analysis domains NOMISMA I2I SCORE STEP 3 SOURCE: Nomisma Italy2Invest, 2108

8 I2I NOMISMA SCORE Overview Synthetic index of municipalities attractiveness I2I Nomisma SCORE 68,8 RANKING ITA 3/7998 I2I SCORE* 68,8 Total ITALIAN MUNICIPALITIES DISTRICTS CAPITALS P A G E 8 *NOMISMA I2I SCORE Range [0; 100] METROPOLITAN CITIES I2I Scoreminimum I2I Scoremaximum I2I Scoreaverage SOURCE: Nomisma Italy2Invest,

9 TERRITORIAL BENCHMARKING

10 I2I NOMISMA SCORE Territorial benchmarking Metropolitan Cities e Top20 District Capitals Metropolitan Cities Score I2I Ranking I2I Italy Milano Firenze Bologna Torino Roma Genova Venezia Cagliari Napoli Bari Palermo Catania Messina Reggio di Calabria P A G E 10 Top20 District Capitals Score I2I Ranking I2I District Capitals Milano Firenze Bologna Brescia Bergamo Como Torino Modena Pavia Udine Trieste Mantova Trento Bolzano Monza Padova Roma Treviso Parma Pisa SOURCE: Nomisma Italy2Invest, 2108

11 I2I NOMISMA SCORE Territorial benchmarking Territorial comparison: the attractiveness compared to the interest target P A G E 11 Score ,2 I2I SCORE differential compared to the Metropolitan Cities Average ,5 I2I SCORE differential compared to the Capitals Disticts average SOURCE: Nomisma Italy2Invest,

12 FOCUS ON Trend analysis on real estate 3

13 T o u r i s m P u b l i c A d m i n i s t r a t i o n P o p u l a t i o n E n v i r o n m e n t S o c i o - E c o n o m i c C o n d i t i o n s DOMAINS S e r v i c e s - a l l o c a t i o n s a n d e x p e n d i t u r e R e a l E s t a t e M a r k e t C o m p a n i e s SOURCE: Nomisma Italy2Invest, 2018

14 I2I SCORE Single domains contribution P A G E 14 The contribution of the analyzed domains in the definition of the attractiveness of Bologna, of metropolitan Cities, and of the District Capitals METROPOLITAN CITIES DISTRICT CAPITALS REAL ESTATE MARKET 14,9% TOURISM 15,9% REAL ESTATE MARKET 15,2% SOCIO-ECONOMIC CONDITIONS 14,6% REAL ESTATE MARKET 15,6% TOURISM 14,6% TOURISM 14,2% SERVICES ALLOCATIONS AND EXPENDITURES 14,9% SERVICES ALLOCATIONS AND EXPENDITURE 14,4% SERVICES ALLOCATIONS AND EXPENDITURE 14,2% POPULATION 14,5% POPULATION 13,9% POPULATION 12,9% SOCIO-ECONOMIC CONDITIONS 12,7% SOCIO-ECONOMIC CONDITIONS 13,2% COMPANIES AND CREDIT 10,6% COMPANIES AND CREDIT 11,7% COMPANIES AND CREDIT 11,6% PUBLIC ADMINISTRATION 10,5% PUBLIC ADMINISTRATION 9,3% PUBLIC ADMINISTRATION 9,8% ENVIRONMENT 8,0% ENVIRONMENT 5,3% ENVIRONMENT 7,3% SOURCE: Nomisma Italy2Invest, 2018

15 TOP 3 DOMAINS The 3 domains that determine the attractiveness of Bologna P A G E Real Estate Market Shops prices ( /m²) Index of intensity of the Real Estate Market Tertiary Socio-economic conditions Average taxable income for taxpayers 2016 ( ) Real Estate Market Socio-economic conditions Tourism Gini concentration index of taxable income IRPEF % of Taxpayers with less than 10,000 euros of IRPEF Education index 3 Tourism Share of resident population with university degree on the total population Facilities per sqkm Total tourist arrivals per sqkm Foreign tourism incidence Gross utilization index of beds * for each domain principal variables considered in the analysis are indicated SOURCE: Nomisma Italy2Invest,

16 REAL ESTATE MARKET P A G E 16 Year A V E R A G E W E I G H T E D P R I C E S F O R U S E D H O U S E S, O F F I C E S A N D S H O P S ( / m q ) A V E R A G E W E I G H T E D R E N T S F O R U S E D H O U S E S, O F F I C E S A N D S H O P S ( / m q / a n n o ) Semester I sem II sem I sem II sem I sem II sem I sem II sem I sem II sem I sem II sem I sem II sem I sem Houses 2,498 2,419 2,373 2,317 2,249 2,196 2,143 2,082 2,060 2,021 2,007 1,998 1,983 1,981 1,982 Offices 2,552 2,481 2,432 2,377 2,299 2,241 2,187 2,138 2,089 2,048 2,027 2,008 1,992 1,986 1,952 Shops 2,940 2,903 2,876 2,820 2,742 2,688 2,653 2,590 2,554 2,488 2,468 2,447 2,427 2,426 2,398 Year Semester I sem II sem I sem II sem I sem II sem I sem II sem I sem II sem I sem II sem I sem II sem I sem Houses Offices Shops N U M B E R O F T R A N S A C T I O N S I N R E S I D E N T I A L, T E R T I A R Y A N D C O M M E R C I A L S E C T O R Year (I trim) Residential 4,773 3,523 3,616 4,294 4,490 5,509 5,326 1,265 1,232 Tertiary Commercial (I trim) SOURCE: Osservatorio Mercato Immobiliare, Nomisma

17 SOCIO-ECONOMIC CONDITIONS P A G E 17 Average taxable income for taxpayers 2016 ( ) 27, % of Taxpayers with less than 10,000 euros of IRPEF 21.51% Metropolitan Cities 25, % District Capitals 24, % SOURCE: Nomisma Italy2Invest,

18 TOURISM P A G E 18 TOURIST DEMAND Y E A R Y E A R Y E A R Y E A R A R R I V A L S 1,104,374 1,154,668 1,286,397 Var% per year +4.55% % +9.65% 1,410,482 T O U R I S T N U M B E R S 2,159,351 2,177,383 2,587,122 2,986,733 Var% per year +0.84% % % A V E R A G E S T A Y N I G H T S N I G H T S N I G H T S N I G H T S SOURCE: Nomisma Italy2Invest,

19 CONTACTS Nomisma SpA w w w. n o m i s m a. i t w w w. i t a l y 2 i n v e s t. i t i n f i t a l y 2 i n v e s t. i t

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