GVA Redilco completed the sale of a 22,000 sqm trophy asset in Milan

GVA Redilco has advised on the sale of a €220 million office building in the Milan CBD, just a few steps from the Italian Stock Exchange.

The building, with a GLA of approx. 22,000 sq m., recently underwent a complete renovation establishing a new standard for the office market in Milan in terms of quality and efficiency.

The Trophy Office Asset, fully let to prime international tenants such as DLA Piper, London Stock Exchange, Invesco and All Funds, was bought from Hines the international real estate firm, on behalf of CNP Assurances, a leading French insurance company.