TURIN

S N A P S H O T # 9

P A G E 2

www.italy2invest.it

TURIN

G e n e r a l f r a m e w o r k 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

1 2 3

A NA LYS IS F I E LD S

T h e m u n i c i p a l i t y o f T u r i n

GENERAL

FRAMEWORK1

P A G E 4Municipality analysis

TURIN

SURFACE AREA130,00 sq.km

POPULATION

882.523 inhabitants

DENSITY 6.789 inhabitants/sq.km

METROPOLITAN CITY

ROAD DISTANCE FROM THE MAIN CITIES:

Airport: YES

High speed railway: YES

Nearest port: Savona (140 km)

N A P L E S

R O M E

M I L A N 1 4 3 k m

6 8 9 k m

8 8 9 k m

SOURCE: Nomisma Italy2Invest, 2018

2ATTRACTIVENESS

NOMISMA I2I SCORE

P A G E 7

Italy2Invest – What is

SOURCE: Nomisma Italy2Invest, 2108

Synthetic index on municipalities attractiveness

ITALY2INVEST is the first integrated platform of Urban Data Intelligence thatoffers data to measure ATTRACTIVENESS, COMPETITIVENESS and WELLNESSOF ITALIAN TERRITORIES and it offers advice to support the choices of investorsand policy makers. Attractiveness is a complex measure that expresses the abilityof a territory to attract, enhance and retain strategic resources, capital,technologies and human resources.

The methodological approach adopted by ITALY2INVEST in order to measurethe attractiveness provides this following steps:

• Implementation of a definitional scheme that allows to map in amultidimensional way the different conceptual fields of a territoryattractiveness

• Identification of 8 domains that contribute to the determination ofattractiveness

• Data collection strategy that has identified and systematized 22 publicand private sources with municipal data

• Design of a database with 121 indicators for 7954 Italian municipalities

• Implementing an algorithm of data reduction in synthetic indicators foreach domain and in NOMISMA I2I SCORE

www.italy2invest.it

Data preparation

Aggregation of indicators in 8

analysis domains

NOMISMAI2I SCORE

STEP 1

STEP 2

STEP 3

• Collection (+120 indicators)• Cleaning• Modeling • Reduction• Transformation

DATA

8 DOMAINS OF ANALYSIS1. Environment2. Socio-Economic Conditions and Education3. Companies and Credit4. Real Estate Market5. Public Administration and Justice6. Population7. Services (allocations and expenditure)8. Tourism

P A G E 8

www.italy2invest.it

I2I SCORE*

65.2TURINI2I Nomisma SCORE

65.2RANKING ITA

8/7998

TURIN

Total ITALIANMUNICIPALITIES

DISTRICTCAPITALS

METROPOLITANCITIES

I2I Score-minimo 28.8 45.3 49.8

I2I Score-maximum 75.2 75.2 75.2

I2I Score-average 52.7 60.8 63.4

I2I NOMISMA SCORE – OverviewSynthetic index of municipalities attractiveness

*NOMISMA I2I SCORE

Range [0; 100]

SOURCE: Nomisma Italy2Invest, 2108

TERRITORIAL BENCHMARKING

P A G E 10

I2I NOMISMA SCORE – Territorial benchmarkingMetropolitan Cities and Top20 District Capitals

Metropolitan Cities Score I2IRanking I2I

Italy

Milano 75.2 1

Firenze 71.4 2

Bologna 68.8 3

Turin 65.2 8Roma 63.5 22

Genova 62.5 28

Venezia 61.0 53

Cagliari 60.4 72

Napoli 58.4 164

Bari 58.4 166

Palermo 54.6 631

Catania 51.8 1448

Messina 50.4 2013

Reggio di Calabria 49.8 2220

Top20 – District Capitals Score I2IRanking I2I

District Capitals

Milano 75.2 1

Firenze 71.4 2

Bologna 68.8 3

Brescia 68.8 4

Bergamo 68.4 5

Como 65.7 6

Turin 65.2 7Modena 65.1 8

Pavia 64.7 9

Udine 64.5 10

Trieste 64.4 11

Mantova 64.3 12

Trento 64.1 13

Bolzano 64.0 14

Monza 64.0 15

Padova 63.8 16

Roma 63.5 17

Treviso 63.5 18

Parma 63.5 19

Pisa 63.2 20

SOURCE: Nomisma Italy2Invest, 2108

P A G E 11

I2I NOMISMA SCORE – Territorial benchmarking

12.6

17.4

0

2

4

6

8

10

12

14

16

18

20

I2I SCORE differential compared to theMetropolitan Cities Average

I2I SCORE differential compared to theCapitals Disticts average

Score 65.2

TORINO

Territorial comparison: the attractiveness compared to the interest target

SOURCE: Nomisma Italy2Invest, 2018

3FOCUS ONAttractiveness assets

DOMAINS

0

1 0

2 0

3 0

4 0

5 0

6 0

7 0

8 0

9 0

1 0 0

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

C o m p a n i e s

R e a l E s t a t e M a r k e t

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

P u b l i c A d m i n i s t r a t i o n

T o u r i s m

SOURCE: Nomisma Italy2Invest, 2018

P A G E 14

I2I SCORE – Single domains contributionThe contribution of the analyzed domains in the definition of the attractiveness of Turin, of Metropolitan Cities, and of the District Capitals

TURIN METROPOLITAN CITIES

2.1%

7.9%

12.3%

13.1%

15.5%

15.9%

16.3%

16.9%SERVICES –ALLOCATIONS AND EXPENDITURE

TOURISM

POPULATION

SOCIO-ECONOMIC CONDITIONS

COMPANIES AND CREDIT

PUBLIC ADMINISTRATION

ENVIRONMENT5.3%

9.3%

11.7%

12.7%

14.5%

14.9%

15.6%

15.9%TOURISM

REAL ESTATE MARKET

SERVICES –ALLOCATIONS AND EXPENDITURES

SOCIO-ECONOMIC CONDITIONS

POPULATION

COMPANIES AND CREDIT

PUBLIC ADMINISTRATION

ENVIRONMENT

DISTRICT CAPITALS

7.3%

9.8%

11.6%

13.2%

13.9%

14.4%

14.6%

15.2%REAL ESTATE MARKET

TOURISM

SERVICES –ALLOCATIONS AND EXPENDITURE

SOCIO-ECONOMIC CONDITIONS

POPULATION

COMPANIES AND CREDIT

PUBLIC ADMINISTRATION

ENVIRONMENT

REAL ESTATE MARKET

SOURCE: Nomisma Italy2Invest, 2018

P A G E 15

www.italy2invest.it

Services-Allocations & Expenditure

Tourism

Population

3

1

2

TOP 3 DOMAINSThe 3 domains which determine the attractiveness of Turin

Services - Allocations & Expenditure• Number of real estate units rank B2 (Hospitals and private

hospitals) per sq. km

• Number of real estate units rank B5 (Schools and scientific labs)per sq. km

• Municipalities expenditure on the reference population bydisables

• Municipalities expenditure on the reference population byelders

Tourism• Receptivity- Global sentiment average

• Restaurant service activities - active companies / sq km• Gross utilization index of beds

Population• % Foreigners/Pop2017

* for each domain principal variables considered in the analysis are indicated

TURIN

SOURCE: Nomisma Italy2Invest, 2018

P A G E 16

www.italy2invest.itSOURCE: Nomisma on Istat data

SERVICES- ALLOCATIONS & EXPENDITURE

Airport«Sandro Pertini»

TORINO

Railway station«Porta Nuova»

Railway station«Porta Susa»

P A G E 17

www.italy2invest.it

SERVICES- ALLOCATIONS & EXPENDITURE

Number of real estate units rank B2 (Hospitals and private hospitals) per sq. km

TURIN

Metropolitan Cities

District Capitals

0.72

0.41

0.32

TURIN

SOURCE: Nomisma on Istat data

P A G E 18

www.italy2invest.it

1,263,2901,165,2971,231,1021,116,706

TOURISM

A R R I V A L S

T O U R I S T N U M B E R S 3,717,6343,662,4873,454,8693,059,259

Y E A R

2014

Y E A R

2015

Y E A R

2016

Y E A R

2017

Var% per year +8.41%-5.35%+10.24%

Var% per year +1.51%+6.01%+12.93%

A V E R A G E S T A Y 2.94N I G H T S

3.14N I G H T S

2.81N I G H T S

2.74N I G H T S

TURISTIC DEMAND

SOURCE: Nomisma on Istat data

P A G E 19REAL ESTATE MARKET

SOURCE: Osservatorio Mercato Immobiliare, Nomisma

TURIN

A V E R A G EW E I G H T E DP R I C E S F O RU S E D H O U S E S ,O F F I C E S A N DS H O P S( € / s q m )2 0 1 1 - 2 0 1 8

Year 2011 2011 2012 2012 2013 2013 2014 2014 2015 2015 2016 2016 2017 2017 2018 2018

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 II sem

Houses 1,932 1,916 1,871 1,826 1,768 1,726 1,687 1,665 1,629 1,614 1,587 1,585 1,568 1,565 1,558 1,538

Offices 1,808 1,765 1,729 1,692 1,619 1,588 1,551 1,519 1,488 1,476 1,450 1,442 1,423 1,402 1,397 1,383

Shops 2,089 2,061 2,032 1,995 1,926 1,891 1,857 1,815 1,774 1,761 1,738 1,723 1,716 1,702 1,679 1,669

Year 2011 2011 2012 2012 2013 2013 2014 2014 2015 2015 2016 2016 2017 2017 2018 2018

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 II sem

Houses 94 94 92 90 88 87 86 85 85 84 85 84 84 84 83 83

Offices 89 87 86 84 82 81 79 77 77 76 76 75 74 74 73 73

Shops 131 128 127 125 122 120 117 115 113 112 111 110 110 110 109 109

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( € / s q m / y e a r )2 0 1 1 - 2 0 1 8

N U M B E R O F T R A N S A C T I O NS 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 R2 0 1 1 - 2 0 1 8

Year 2011 2012 2013 2014 2015 2016 20172017

(I quarter)2018

(I quarter)

Residential 12,143 9,345 8,585 9,059 9,870 12,331 12,940 6,572 6,832

Tertiary 241 157 151 164 222 170 230 131 94

Commercial 804 625 546 635 636 748 917 460 456

CONTACTSNomisma SpAw w w . n o m i s ma . i tw w w . i t a l y 2 i nv es t . i t

+ 3 9 0 5 1 6 4 8 3 3 4 5

i n f o @ i t a l y 2 i n ves t . i t