Kering buys building in via Monte Napoleone for 1.3 billion euros. Located in one of the most important intersections of the Fashion Quadrilatero.
The eighteenth-century building is spread over five floors, for a total of 11,800 square meters of gross surface area. The property includes more than 5,000 square meter of commercial space. The transaction is expected to close by July 2024, says Blackstone Property Partners Europe Holdings, assisted by Kryalos SGR which acted as advisor.