Goldman Sachs sells part of prime Milan office to Italian fund

Goldman Sachs Asset Management has sold part of a prestigious complex known as San Babila Business Centre, located in Corso Vittorio Emanuele II 24-28 in Milan, to an Italian private investor.

Financial details were not disclosed.

The building, distributed over 8 floors above ground and with a gross area of approximately 9,700 m2, was originally designed by BBPR and subsequently modernised in 2021 by architects Citterio-Viel studio.

Thanks to a recent complete renovation, the building has obtained important certifications, including LEED Gold and WELL Silver.

San Babila Business Centre benefits from a strategic position in the heart of the city's CBD.

The area is currently experiencing a period of rebirth thanks to the ambitious urban redevelopment project between San Babila and Largo Augusto which involves the creation of a vast pedestrian area extending as far as Corso Europa, Via Durini and Via Verziere.

The restyling is helping enhance the attractiveness of the area, also given the immediate proximity to the M1, M3 and brand new M4 metro lines which guarantees a direct connection to Linate airport in less than 15 minutes.

Dils advised Goldman Sachs on the deal, while law firm Gianni & Origoni assisted the firm on legal matters.

The buyer was advised on legal matters by Daniele Mammani, while the Notary was Angelo Busani.


Latest news

Best read stories