CBRE secures tech company lease at Palazzo Missori

Prime office space in central Milan continues to attract interest, especially from tech companies and international tenants looking for modern workspaces. CBRE helped a major tech company move to Palazzo Missori, a historic building in the Central Business District owned by DeA Capital Real Estate SGR.  The lease includes more than 4,000 square metres over two floors in a building that is being redeveloped. Palazzo Missori, designed by Marcello Piacentini and built between 1933 and 1938, has been undergoing major renovations since 2022 led by Park. The goal is to turn it into a Grade A+ office building that meets top international standards for sustainability, wellbeing, and connectivity.  When finished, the building will have about 20,000 square metres and aims to earn LEED Platinum v4 Shell & Core, BREEAM, WELL Core v2, and WiredScore certifications. These standards are becoming more important for companies choosing office locations and signing leases.  CBRE says this deal shows a lasting trend in the office market. Many companies, especially in tech and innovation, now look for central, easy-to-reach offices with strong design and environmental features. CBRE’s European Office Occupier Survey 2025 found that 47% of European companies prefer to move to the Central Business District, and this rises to 62% for Italian firms.  Because there is not much prime office space left in central Milan, deals like the one at Palazzo Missori show that the CBD remains a top choice for major tenants and attract investors looking for quality, sustainable, and well-located properties.