Colliers Acquires Progedil, Boosts Italian Real Estate Presence

Colliers International has significantly amplified its footprint in the Italian real estate advisory sector through the strategic acquisition of Progedil, a prominent firm specializing in residential property in Rome. This move, finalized on March 2, 2026, is set to enhance Colliers' capacity for managing substantial urban renewal initiatives and the development of new residential properties across Italy.

With a legacy spanning over three and a half decades, Progedil brings an impressive track record to the table. The firm has been instrumental in the successful marketing and sale of more than 27,000 residential units, representing an aggregate value of approximately EUR 6.5 billion. Their expertise encompasses a broad spectrum of services, including project marketing for new developments, individual property brokerage, technical project oversight, and property management, catering to both institutional developers and private clientele.

This integration follows a period of fruitful collaboration between Colliers Italy and Progedil, which saw the two entities successfully complete around 2,400 transactions together over the preceding three years. The acquisition integrates Progedil's dedicated team of 75 professionals, who will continue their operations from Rome under the leadership of CEO Marco Barile and Managing Director Francesco Procopio. Founder Giuseppe Barile will assume an advisory capacity, ensuring a smooth transition and knowledge transfer.

The strategic rationale behind this acquisition aligns with Colliers' broader growth strategy, which prioritizes the integration of leading local entities in key European markets. By acquiring established players like Progedil, Colliers aims to leverage deep local market knowledge and established client relationships to accelerate its expansion and service offering.

While the financial specifics of the deal remain undisclosed, the continuation of senior leadership's significant equity stake underscores a commitment to sustained performance and operational synergy. This alignment is crucial for maintaining client confidence and ensuring the seamless integration of Progedil's operations within the Colliers global network. The Italian residential market, particularly in major urban centers like Rome, continues to present opportunities driven by demand for modern housing and urban regeneration projects.

The Italian real estate market, valued in the hundreds of billions of euros, has seen a steady increase in institutional interest, especially in the residential sector. Acquisitions like this by major global players such as Colliers signal confidence in the market's resilience and future growth potential. The integration of Progedil's specialized expertise is expected to provide Colliers with a competitive edge in securing and executing large-scale residential development mandates, further solidifying its position as a key advisor in Italy's dynamic property sector.