Monte Rosa

Office

Viale Monte Rosa 93, Milano

A sizeable asset situated in the established semi-central Milan business district of Lotto / CityLife with good transport connections to two metro lines (metro line MM1 Lotto and metro line MM5 Lotto). The acquisition contemplates a short-to-medium-term value enhancement strategy including (i) lease-up of currently vacant premises and reletting of space potentially vacating over the coming years and (ii) a potential recovery of surfaces previously authorized which could increase the surfaces by up to c. 30%. Monte Rosa is composed of four buildings which were subject to intensive refurbishment works in 1997. COIMA RES acquired Monte Rosa in 2017 from TEUR, the Italian sub-holding of the Techint Group.


Location
Viale Monte Rosa 93, Milano
Investment
Core +
Net rentable area (sqm)
19,539 mq
EPRA occupancy rate
90%
Main tenants
TEUR, PwC, Bluevacanze

COIMA role
COIMA RES
Owner (100%)
COIMA SGR
Asset and Investment Manager
COIMA Srl
Property Manager