Milan, 30 June 2023 – Kryalos SGR, a private and independent asset management company with €12 billion of AuM and among the SGRs “Significant by size” according to the definition contained in the Bank of Italy Regulation, has concluded the acquisition of the office building located in piazza Affari, 2 in the center of Milan.

The historic building, of high standing in terms of image and representation, is spread over approximately 12,000 sqm distributed over 8 levels with spaces for office use, with terraces and an incomparable view of the entire Milanese skyline. The property is entirely leased to prestigious tenants and it is certified as BREEAM In-Use “Very Good”.

The exclusive building is located in the heart of the Milanese financial district, right next to Palazzo Mezzanotte, headquarters of the Italian stock exchange, and enjoys a strategic and privileged position just a few steps away from piazza Cordusio and piazza del Duomo.

The property belongs to a new alternative real estate investment fund managed by Kryalos SGR with a Core+ risk/return profile.

“The one in piazza Affari, 2 is a very important asset that we are very proud to add to our portfolio – said Paolo Bottelli, CEO of Kryalos SGR -. Thanks to the uniqueness of the location and the characteristics of the structure, piazza Affari, 2 represents one of the most attractive properties on the rental market in the entire historic center of Milan and in line with the current needs of the main national and international companies. The operation also confirms the great attention of the primary market operators for high quality products, excellently positioned in the heart of the historic center of Milan.”