#Italy #Milan #Valesco Group #Moncler #Milan HQ

Valesco Group Secures Major Stake in Moncler's Milan Headquarters

In a landmark transaction, the Valesco Group, a subsidiary of New World Group, has acquired a majority stake in the upcoming €200 million global headquarters of the renowned luxury brand Moncler, located in Milan’s vibrant Symbiosis district. This acquisition signifies not only a crucial move for Valesco but also marks the largest office deal in Italy since 2022.

A Leap Towards Sustainable Luxury

Under development by Covivio SA, this state-of-the-art building is expected to embody the pinnacle of sustainable office design. Covering an impressive 38,000 square meters across six stories, Moncler’s future headquarters is slated for completion in 2025 and aims to achieve LEED Platinum certification. This ambitious project boasts advanced sustainability features, including photovoltaic panels, rainwater harvesting systems, and bioclimatic air circulation. Such elements signify a growing trend within the corporate sector to embrace eco-friendly practices while aligning with luxury branding.

Adam Sadiq, CEO of New World Group and a board member of Valesco, expressed his enthusiasm about the acquisition, highlighting Moncler's status as an iconic global brand. He stated, "This partnership reflects our aspiration to invest in strategic, high-quality assets in key international markets. The new headquarters is more than just a real estate acquisition; it represents innovation, luxury, sustainability, and cutting-edge design."

A Strategic Investment in a Dynamic Market

The acquisition not only underscores Valesco Group’s commitment to sustainability and luxury but also solidifies their presence in Europe’s lucrative commercial real estate market. With Moncler securing a 15-year inflation-linked lease, the luxury brand, valued at approximately €13 billion, further reinforces the building’s potential in becoming a central hub in Milan’s fashionable landscape. The new headquarters will feature premium amenities, including fitness facilities, dining areas, and event spaces, which are expected to significantly enhance the city’s rich fashion ecosystem.

Located in the heart of the Symbiosis district, known for attracting high-end brands like Prada and LVMH, Moncler's new building is positioned to become a vital asset amidst ongoing projects, including the Scalo Porta Romana and preparations for the 2026 Winter Olympics. These developments illustrate the district’s growing appeal as a prime business and lifestyle destination.

"The recovery in demand from prominent corporations for high-quality office spaces underscores a distinct trend towards selective occupancy, particularly for firms seeking luxurious and sustainable environments,” commented Shiraz Jiwa, Founder and CEO of The Valesco Group. "Our partnership with Covivio is a testament to our commitment to developing exceptional properties that meet the evolving needs of modern businesses."

Shaping the Future of Office Spaces

As Valesco Group continues to navigate the ever-changing real estate landscape, this strategic investment reflects a commitment not just to profitability but to the responsible development of architectural spaces that foster community and corporate excellence. The Moncler headquarters in Milan is poised to be a transformative project within the urban fabric of the city, attracting top-level tenants and contributing to Milan's reputation as a global fashion capital.

In conclusion, the acquisition of Moncler's headquarters signifies more than a mere financial transaction; it's an emblem of a forward-thinking, environmentally-conscious approach to luxury office spaces. Valesco's ongoing commitment to sustainability alongside the allure of the Moncler brand marks this endeavor as an exciting prospect for investors and the Milanese fashion community alike.