Office |
Milan, Italy
48 month project to fully redevelop and create a grade A office and retail building in Milan’s central business district. The project combined the historic charm of the existing building with modern design, sustainability and efficiency.
Office
Value Add
Sold
Grade A
multi-tenant space
25,900 sqm
lettable area
48
months refurbishment
2,000 sqm
retail space
100%
let on sale
About the asset
- Cortile della Seta is a 25,900 m² mixed-use building that was fully redeveloped in 2021.
- Although mainly comprised of office space, it also contains over 2.000 m2 of retail space and roughly 1.400m2 of terraces spread over six floors including an underground car park.
- Positioned in the heart of Brera, the most sought-after neighbourhood in Milan’s central business district with excellent public transport accessibility by bus, tram and metro.
- Acquired fully vacant in December 2016, the property underwent a complete refurbishment and upgrade through a substantial capex program.
- The project aimed to deliver a high-quality, efficient building focused on accessibility, energy savings, and long-term sustainability.
- Now fully let to prestigious luxury fashion and design tenants, the building offers exceptional long-term income stability.
- The building is NZEB, LEED Gold and WELL Platinum certified and its state-of-the art design achieves high levels of performance in terms of sustainability, energy-efficiency and comfort.
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