Milan: real estate attracting international capitals
26 June, Il Sole 24 Ore
There’s the Goldman Sachs portfolio: two office buildings in the centre of Milan, newly renovated, for which the company intends obtaining 230-250 million euro from each. Colliers reports that, in the first three months of 2019, Milan received investments for 900 million euro, +89% from the previous period.
Moreover, the recent adjudication of the 2026 Winter Olympic games will give impulse to new real estate activities. For instance, an Olympic village is meant to be implemented in Porta Romana. The total investments for the Olympics are assessed around 1.3 billion euro.
Source: Il Sole 24 Ore
Translator: Cristina Ambrosi