Kering purchased the property in via Montenapoleone 8 from Blackstone Property Partners Europe for 1.3 billion, a record price for a single transaction in Italy.
The property consists of 5 mixed-use floors above ground for a total gross surface area of approximately 11,800 m2, including 5000 m2 of retail spaces which make the propert...
Milan is ready to restart post-pandemic real estate
03.12.2020
From Covid to the Olympic Games. The Lombard capital attracted 3.1 billion euros in investments in the first nine months of 2020 despite the health emergency and the slowdown in operations. As it was for Expo 2015, an international showcase for the city and the moment that marked its relaunch, the Olympics will be an important event. In the first nine months of 2020, the city still managed to attract 3.1 billion euros in investments, up 35% from about 2.3 billion last year (Bnp Paribas real estate data). In a country where total investments from January to September 2020 amounted to just under six billion euros.
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Luxury knows no crisis. In a slowing real estate market, the luxury brick segment continued to run in the second half of 2023, achieving new records in terms of prices. This is what emerged from the latest report from a well-known real estate group with the scientific support of Nomisma according to which both in Milan and Rome the demand for luxur...
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