Goldman Sachs sells part of Milan office for €50m
Transactions - NOVEMBER 7, 2023

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Goldman Sachs sells part of Milan office for €50m

by Andrea Zander

Goldman Sachs Asset Management has sold a portion of the complex known as San Babila Business Center, located in Corso Vittorio Emanuele II 24-28 in Milan, to an Italian private investor.

The amount was not disclosed, but industry analysts estimate a value above €50 million ($53 million).

The building spans up eight floors and has a gross area of ​​approximately 9.700 square meters (104,400 square feet). The property has obtained various certifications, including LEED Gold and WELL Silver.

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