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Milan: Ubi Banca negotiating with Coima for Gioia 22 skyscraper in Porta Nuova

26 February, Il Sole 24 Ore

Exclusive negotiations are currently going on between Ubi Banca and Coima concerning the sale of a portfolio composed of seven office assets. The purpose of the bank is to optimise its locations and move its headquarter to Porta Nuova (Milan), where Coima is building Gioia 22. The skyscraper will be 120 metres high, for a total of 26 floors and a gross surface of 68,432 Sq m. Once completed by the end of 2020, it will be valued between 450 and 500 million euro.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi