PIMCO Prime Real Estate, a leading global real estate investor and manager of the Allianz Group’s $93B+ real estate mandate, has completed the redevelopment of the new Radisson Collection Hotel Santa Sofia in Milan.
The project has transformed the 1960s office building into a five-star, LEED Gold-certified hotel with strong sustainability credentials while maintaining its highly-regarded architecture and façade.
Located in Via Santa Sofia 37, this landmark hotel has been developed as a high-quality, sophisticated asset which can act as a focal point for the local community in one of Milan’s prime markets. The vision was to set a benchmark in contemporary design, and, through selecting an operator which could fully develop the concept of a lifestyle hotel, deliver a building that enhances the area and caters for both business and leisure audiences.
Source: https://pimcoprimerealestate.com/en/newsroom/press-releases/23-04-05-pimco-prime-real-estate-completes-redevelopment-of-the-new-radisson-collection-hotel-santa-sofia-in-milan, on 12 April 2023