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Milan | OFFICE Q4 2019

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Take-up of office spaces has reached the record level of some 470,000 sqm for the Milan market. Thanks to some important transactions, the office market has increased by 28% compared to 2018. The city of Milan continues to record a sustained activity in terms of new spaces occupied by the tenants in all the city areas. During 2019, the Periphery emerges with around 130,000 sqm thanks to five transactions exceeding 5,000 sqm, two of which of 16,000 sqm. In particular, NTT has taken spaces in the developing area near the Romolo stop, moving its headquarters for a few meters. The other transaction concerns the Sole24Ore Group, which will move its headquarters from Viale Monte Rosa to Viale Sarca.
Some features observed in the past quarters continue to differentiate the market.

milano 2019 q4 eng

Milan | OFFICE Q4 2019

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