Hines continues its focus on the living sector in Milan with three investments in the Milano Lambrate, Navigli and Bocconi areas to build 1,400 new sustainable rental apartments, in partnership with PGGM, the Dutch pension fund manager.
The residential units will cater to various groups including young professionals, couples, families with children, and seniors. The units will adhere to the highest international ESG credentials and will have gyms and co-working and communal spaces to improve the well-being of residents and the local communities.
The projects include an urban regeneration plan located in the heart of Lambrate and two real estate portfolios situated in Milan’s southern quadrant between Navigli and Porta Romana. Hines is the developer and co-investor for the projects.
MILANO LAMBRATE — 400 RESIDENTIAL UNITS
The Milano Lambrate project (photo above) will revive more than 40,000 square meters (431,000 square feet)