Ardian, announces that it has completed the acquisition of a 4000 sq m property located in Milan at Via Giuseppe Revere 3.
Ardian, through an investment entity to be overseen by Investire SGR, has acquired the building. This historic property boasts an expansive gross floor area of approximately 4,000 sq m. Positioned in the elegant and enchanting Magenta district, one of Milan's most exquisite neighbourhoods, it resides right at the threshold of Sempione Park—a verdant oasis nestled in the heart of the city's historic core. The property is gracefully enveloped by renowned landmarks, including the commanding 15th-century Sforzesco Castle, various museums, the Arena Civica, the Arco della Pace, and the esteemed Triennale di Milano.
Ascending 8 stories, the building comprises 7 floors above ground and an additional basement level. Adding to its charm, the property boasts 2 urban villas that offer a view over the inner courtyard. Following its acquisition by Ardian, the structure will undergo a comprehensive refurbishment adhering to top-tier design and sustainability standards. This overhaul will incorporate eco-friendly power sources like geothermal energy, energy-efficient lighting fixtures, automated management systems, and a high-performance thermal building envelope. Collaborating with the renowned De Amicis Architetti studio, specialists in modern luxury design and the preservation of historic architectural elements, the renovation will include premium new finishes and expansive terraces affording residents a park-facing vista.