NEWS
2024: Svicom group’s growth speeds up
SVICOM: DOUBLE-DIGIT GROWTH IN 2024
Svicom Group has recorded an extraordinary +17% revenue growth in 2024 (YoY), reaching €20 million. This success is the result of a multi-asset and full service strategy that continues to drive the Group’s expansion.
Highlights
- 350 assets under management (+118% YoY), covering a total of approximately 3 million sqm.
- A solid and diversified portfolio: Retail, Svicom’s distinctive core business, accounts for over 50% of the managed portfolio, while other asset classes—steadily growing—now represent nearly 50% of the total.
- National PropTech leadership, a client-oriented management model, and strong expertise across every phase of the real estate management cycle (with 13 business lines, up from 11 in 2023) continue to drive Svicom’s evolution.
Fabio Porreca, Chairman of Svicom, and Letizia Cantini, General Manager of Svicom, commented:
“We are extremely proud of the results achieved, which confirm the value of our business model—one that is constantly evolving, anticipating, and interpreting the challenges of the real estate market. Our pioneering decision to invest in technological innovation and digitalization continues to prove successful, allowing us to stand out and offer cutting-edge solutions. At the same time, the diversification of our activities and the progressive expansion of our asset classes reaffirm the strength of our strategic vision.
All of this is possible thanks to the motivation, passion, and expertise of those who contribute every day to Svicom’s growth. A special thanks goes to all our employees, who are fundamental to the company’s development and the achievement of these milestones. We look to 2025 with optimism, determined to maintain the positive trend that has characterized us over the years in different market phases.[…]”
