The Valesco Group, a European real estate fund manager, has completed the majority controlling investment in Casa Moncler, the new global headquarters of luxury fashion brand Moncler SA in Milan, developed by Covivio SA. The €200 million ($234 million) transaction is the largest in the Italian office sector for three years and has been part funded with an €80 million ($93 million) green loan provided by BNP Paribas, the French multinational bank.
Moncler SA, founded in 1952 and with a market capitalization of €15 billion ($18 billion), has signed a 15-year inflation-linked lease without breaks. Having officially inaugurated the campus in October 2025, Casa Moncler brings together more than 700 Moncler employees previously located across three Milan offices, consolidating all creative, corporate and commercial functions into a single mission critical headquarters.
Comprising 38,000 square meters (409,000 square feet) of class A+ space, the campus provides a new am