RealStep SICAF, a company specializing in real estate investment projects, with particular attention paid to former industrial areas to be redeveloped, was assisted by GVA Redilco in the sale to Bnp Paribas Reim of a building in Via Ercole Marelli 10 in Milan, in the district which is due to host the Olympic Village for the Milan-Cortina 2026 winter games.
Fully let to a prime luxury brand, the asset, with a total area of approx. 5,700 sqm, is the result of a regeneration project of two warehouses, carried out in 2020 by RealStep SICAF. Post-industrial areas such as the one involved in the project often create problematic urban voids and their regeneration means relaunching an entire district and giving new value to the territory, for the benefit of the entire community.
In the southern quadrant of Milan, the building is located in an area impacted by some important urban redevelopment schemes - among which the future regeneration of the Scalo Romana stands out - and by new real estate developments - such as the innovative Symbiosis business district - which are transforming the area into a dynamic and sustainable district, perfectly connected to the rest of the city and set among showrooms, museums, universities, headquarters, research centers and international destinations such as the iconic Fondazione Prada and Talent Garden.
The opportunities generated by the renovation of the Scalo Romana make the property in Via Marelli an excellent long-term investment and confirm the growing importance of the sub-market which is attracting an increasing number of investors and end users in the Office and Living sector.