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Savills IM has finalized the sale of HQ2, headquarters of Pirelli Tyre

By 4 February 2022No Comments

Savills IM has finalized the sale of HQ2, headquarters of Pirelli Tyre, located in Viale Pietro e Alberto Pirelli in the Bicocca district of Milan. Avalon advised Savills Investment Management SGR S.p.A. in the operation as property appraiser.

The executive use asset was designed by Vittorio Gregotti and inaugurated in 2005. With a total area of approximately 28,000 sqm, it deveops over five floors above ground and two underground floors and it is the main access to the Pirelli Campus.

HQ2 has obtained the BREEAM “Very Good” certification and is characterized by large windows and executive spaces that encourage interactions and collaborations.

The HQ2 operation confirms the positive trend of the real estate market of Milan and the willingness of investors to seek assets with a core profile in consolidated locations.