Manifatture Milano (SOLD) – Shareholding sold

Investment description

Manifatture Milano is an important urban redevelopment project which aims to hand back the city to its “People” through the innovative idea of a “pedestrian citadel” to recreate not only functionality and convenience but also the concept of living a happy life.

Manifatture Milano is a listed industrial building of significant architectural and historical interest (protected by the Soprintendenza dei Beni Architettonici e Paesaggistici). The innovative redevelopment project is mainly intended for residential use. The redevelopment of the existing buildings, with skilful revamping of the extremely high quality interiors, will be at the forefront of design and construction solutions.

The former tobacco factory Manifattura Tabacchi is located to the north of the Municipality of Milan, bordering the “Niguarda” and “Biccocca” areas. The area has great accessibility being located close to Viale Fulvio Testi, one of the main road links to the city centre. The prospect of new development in the area is confirmed by the recent opening of Line 5 of the Metro.

Focus Investments SpA is a partner with a 50% stake in the investment

Manifatture Milano website http://www.manifatturemilano.com/