CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Cushman & Wakefield with CPPIB in an important investment for the new "Milan Innovation District"

Carlo Vanini • 03/08/2021
Cushman & Wakefield’s Italian & International Capital Markets Teams have advised CPPIB on their investment in an Italian real estate fund dedicated to the development of Phase 1 (West Gate Area) of the Milan Innovation District (MIND).

The partnership with Lendlease (the other co-investor of the fund) is a step of fundamental importance for the development of the former EXPO 2015 AREA, which is poised to become the largest district for innovation and life science in all of Italy, and one of the most important in Europe, partly thanks to its unique synergies between important private and public institutions.

The whole district will comprise over one million sqm, including public and private institutions such as: the Human Technopole, the new “Statale University” campus and the “IRCSS Galeazzi” Hospital. The private component, which accounts for approx. half of the whole development, will integrate these public anchors with a specially designed functional mixed-use including, amongst others: office space, laboratories, residential, student housing, hotels and neighborhood retail.

The entire development, centered on innovation and life science, will also have a specific and integrated focus on sustainability, not only through the construction of cutting edge buildings, but also with regards to innovative public mobility solutions and public space management.

Carlo Vanini, Head of Capital Markets Italy, comments: “we are extremely proud to have assisted CPPIB on this important investment, which demonstrates how international investors are increasingly looking for opportunities in alternative asset classes such as Life Science, and how Italy, and in particular this area of Milan, are once again amongst the most attractive international locations”.

David Hutchings, Head of EMEA Investment Strategy, adds: “We are working with clients across Europe in identifying life science opportunities and Italy has been under represented for many despite it’s obvious potential and research track record. This ground breaking scheme by Lendlease and CPPIB will significantly help to fill that gap and put Milan in particular firmly on the life science map.”

MEDIA CONTACT

Carlo Vanini
Carlo Vanini

Head of Capital Markets and Rome Office • Rome

RECENT NEWS

RECENT INSIGHT

hotel
Research

Overview of sustainability protocols for tourism

Tourism contributes to 13% of Italy’s GDP, and is a key element of the nation’s economy.
Leonardo Gaggia • 10/12/2024
Rethinking European Offce
Insights

The RETHINKING European Offices 2030

The RETHINKING European Offices 2030 report examines office stock across 16 key European cities and the opportunities for landlords to reposition or repurpose their space. By 2030, Cushman & Wakefield estimates that more than 170 million sqm of office stock is at risk in 16 European cities. This is equivalent to more than six times the total office stock in Central London.
Raffaella Pinto • 19/11/2024

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.
MORE OPTIONS
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS