<strong>Adigrat Real Estate advisor in the sale via share deal of an office building in Milan</strong>
6 March 2023 - News

Adigrat Real Estate advisor in the sale via share deal of an office building in Milan

Adigrat Real Estate acted as advisor for the sale of a stand-alone office building located in Via Bensi, in Milan’s Lorenteggio District, by way of a share deal.

With an area of over 4,000 square meters, the asset spans across five floors above ground and a basement floor. At present, it’s fully let to an international tenant operating in the sustainable construction industry, with a long-term agreement.

The building is situated in the southwest quadrant of the city, which has become a hub for multinational companies due to its diverse range of services and excellent accessibility via both public and private transport. The location is well-connected with major roads and the M2 metro line, and the upcoming M4 line will further enhance its accessibility. Moreover, this district is at the center of major urban regeneration initiatives, which will make it green and innovative.

This transaction confirms the appeal of investing in Milan's real estate market, which remains dynamic and resilient despite strong economic and geopolitical uncertainty.