The COIMA Group has launched a €10 million ($10.4 million) first phase of an ongoing investment program to develop and support the rollout of advanced digital technologies in real estate and infrastructure.
The first phase sees COIMA launch its new wholly owned company, COIMA Human Technology, which is embarking on a “smart neighborhood” pilot program aimed at using digital technologies, including the internet of things, to build stronger communities, helping to boost inclusivity, engagement and drive positive social impact.
The pilot is located in COIMA’s Porta Nuova regeneration development in Milan, where initiatives include the development of IoT infrastructure and a Portanuova Milano neighborhood app. This initial pilot comprises more than €8 million ($8.3 million) in investment and is aimed at integrating physical and digital spaces to activate the local community and build better social and environmental outcomes. Plans are in place to eventually r
