Linklaters advises PSP Investments on strategic partnership with Lendlease for €2.5bn. Milano Santa Giulia project
Linklaters has advised PSP Investments on a strategic partnership with Lendlease for the €2.5billion development and ownership of a major urban regeneration project, Milano Santa Giulia, in Milan.
Milano Santa Giulia covers more than 110 hectares in the southeast of Milan. The project has a GDV of €2.5bn and is split into two distinct areas to the north and south of a new mixed-use development that has the potential for up to 2,500 homes alongside a new commercial office, retail and entertainment district. The development will be designed with sustainable principles including a zero-carbon target and WELL building standard certification. There will be c.30 hectares of parkland, which will become the third largest urban park in Milan.