EMERGING TRENDS IN REAL ESTATE MARKETS: PROPOSAL OF A MULTI CRITERIA MODEL OF INVESTMENTS RISKINESS

Emerging Trends Europe’s survey suggests that European real estate professionals are still very positive about business prospects in 2015, though somewhat less confident than they were a year ago. The Italian real estate market is more than a decade undergoing profound changes. In Italy the real estate market is characterized by a lot of investors but they don’t trust the government enough yet to deploy capital. The present paper aims to propose a multi criteria approach to evaluate risk and uncertainty in real estate investment valuation procedures.