Office building in Milan
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Office building in Milan

Lombardy, Italy

68%

€65.000.000

Office

#35663

Core+

3 Feb 2025

Property Details

Broker

For sale

5,000 m²

Leasable area

13,000 €/m²

4.25 %

Freehold

X

Fees

0.00 %

0.30 %

0.00 %

0.00 %

0.30 %

Investment Overview

Owner has launched the sale of a 12-storey office building in Milan. Prestigious location in the historic center of Milan, close to the famous Quadrilatero della Moda. The asset offers 5,000 m2 (53,800 sq ft) of office space and was designed by renowned architects Achille and Pier Giacomo Castiglioni and Luigi Fratino. Designed in 1881 by Luca Beltrami in neoclassical revival style, the building was partially restored by architects Giulio Richard and Paolo Mezzanotte between 1920 and 1922. Severely damaged by bombing during the Second World War , the Palazzo was completely rebuilt, with the exception of the surviving facade, by the architects and designers Pier Giacomo and Achille Castiglioni according to the criteria of functionalism. The complex consists of a horizontal building of exhibition halls and a vertical office tower.

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