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October 1, 2024 Capital Markets , Offices

Dils advisor in the sale of a historic property at Piazzale Biancamano 8 in Milan

Dils advisor in the sale of a historic property at Piazzale Biancamano 8 in Milan

Dils acted as the exclusive advisor to a leading institutional investor specialized in alternative asset classes on behalf of its clients in the sale of a prestigious property to a private investor.

The property, built at the end of the 19th century and recently renovated, is intended for office use and is fully leased to the IWG Group. The building, with its elegant façade enhanced by masonry frames and decorations, spans a gross area of approximately 5,400 square meters, distributed over six floors above ground and one basement level. The renovation work aimed to improve the building’s energy performance without compromising its historical charm. This process resulted in achieving BREEAM In-Use Certification with a “Very Good” rating. Additionally, the presence of an internal courtyard allows the above-ground floors to benefit from good natural light and offers the possibility of 7 covered parking spaces.

The building is located in Piazzale Biancamano, between Porta Nuova and Brera, one of the most famous and appreciated districts of Milan. The blend of art, culture, and social life, along with the proximity to the historic center, makes the district one of the city’s most renowned areas, characterized by a mixed-use destination with a vibrant combination of offices, residences, and commercial activities.

Piazzale Biancamano benefits from excellent transport links, with the M2 and M5 metro stations and numerous surface transit lines providing easy access to various parts of the city. It is also close to the Garibaldi and Central train stations, which. It is also close to the Garibaldi and Central train stations, which provide direct connections to the city’s main airports.

This sale highlights the strong demand for top-tier real estate and prime locations, attracting interest from family offices and HNWIs. Once again, Dils proves its role as a key player in Milan’s competitive and ever-evolving real estate market. 

Dils advisor in the sale of a historic property at Piazzale Biancamano 8 in Milan
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