15-07-2021

Symbiosis in Milan: Covivio lets 4,000 m² to LVMH Italia

Building is now 72% pre-let

Covivio and LVMH Italia have signed a pre-letting agreement for two storeys of offices with large terraces in Symbiosis Building D, the business district being built in the southern part of Milan, in the area adjoining Fondazione Prada and the former Porta Romana train station. The two partners have signed a 10-year lease.

From the beginning of 2022, with delivery of Building D scheduled for the end of 2021, LVMH Italia will set up its headquarters and 170 employees. With this new leasing signature, the building, which has already planned to host the headquarters of several multinationals , is now 72% pre-let.

Covivio’s building was chosen by the French multinational for its high standards of comfort, along with its green identity, manifest in the presence of terraces on the various floors and common garden areas. It will also be certified LEED Core & Shell, Platinum score, and will aim to obtain WELL Core certification with a minimum score of Bronze. In addition, it will be one of the first buildings to obtain the WELL Health Safety rating, which ensures the adoption of health and safety measures for occupants.

Designed by the international architecture and design firm Antonio Citterio Patricia Viel, the new multitenant complex, consisting of two structures extending over a total of 18,000 m2, fits perfectly to the new ways of working. The offices have been designed as flexible spaces that enable easy access to digital solutions and technology, and provide areas dedicated to team building and design thinking, and common areas for improving employees’ creativity and productivity. Building D will also host dining services and a versatile auditorium of nearly 600 m2.

“We are very proud that another large international company such as LVMH has chosen Symbiosis, which is once again confirmed as an attractive, strategic business district for the entire city of Milan. Covivio continues to improve the quality of its buildings, bringing a sense of responsibility and commitment. All this to support companies in rising to the challenge of redesigning the working experience of their employees,” declared Alexei Dal Pastro, Covivio’s Chief Executive Officer Italy.

 

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Contact:

Press Relations

Géraldine Lemoine

Tél : + 33 (0)1 58 97 51 00

geraldine.lemoine@covivio.fr

 

Laetitia Baudon

Tél : + 33 (0)1 44 50 58 79

laetitia.baudon@shan.fr

Investor Relations

Paul Arkwright

Tél : 33 (0)1 58 97 51 85

paul.arkwright@covivio.fr

 

Quentin Drumare

Tél : 33 (0)1 58 97 51 94

quentin.drumare@covivio.fr