Dils and Savills have advised the AI 2 Italie fund, managed by Savills Investment Management SGR SpA, on the sale of an office building located in Viale Piero e Alberto Pirelli 25 in Milan to the Antirion Global Comparto Core fund, managed by Antirion SGR.
The asset sits in the heart of the Bicocca district area, one of Milan’s first and most significant examples of urban regeneration, and among the most well-established business districts in the city.
The building, known as HQ2 and fully let to Pirelli Tyre, has a total gross area of 28,000 sqm and is the main access point to the wider Pirelli Campus. It is BREEAM - ‘Very Good’ certified and features large and modern office spaces encouraging collaboration and interaction thanks to an internal garden connected to the other buildings on the Campus.
“Marco Montosi, Head of Investment, Savills Italy, comments, “HQ2 captured the attention of a variety of investors, international and national alike, who were attracted by the long-term rental proposition in this flexible modern office building. This transaction confirms the appeal of the Milanese real estate market to investors who are keenly seeking core assets in highly established locations.”