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All Market News: Spanish Real Estate Intelligence

Milan: Fosun looking for tenants for Piazza Cordusio
12 February, MF Fashion After having purchased Palazzo Broggi in Piazza Cordusio (Milan) five years ago for 345 million euro and having invested 100 million for its restyling, the Chinese Fosun is looking for tenants for its project named The Medelan. It will include offices for 19,000 Sq and retail for 12,000 Sq m, including a restaurant. According to Milano Finanza, Fosun has recently started negotiating with the French luxury fashion group Kering. Source: MF Fashion Translator: Cristina Ambrosi
Coima: the new skyscrapers that will redefine Milan’s skyline
12 February, La Repubblica In the district of Porta Nuova, Coima has recently inaugurated the new building rising in place of the former Inps offices, which will be ready by the end of 2020 for a total investment of 450 million euro. Four other skyscrapers are currently under construction in Milan, two of which about 100 metres high. Another building will rise in Via Gioia replacing a parking lot purchased by Coima from the City of Milan for 78.9 million euro. Moreover, the restructuring works for the former Telecom building in Via Pirelli are expected to be completed by 2022. Finally, the Unipol 23-storey tower in Porta Nuova will be ready by 2021. Source: La Repubblica Translator: Cristina Ambrosi