Italian REIT Beni Stabili has announced completion of redevelopment work on the former Excelsior - Mignon multiplex cinema in Milan, representing an investment of EUR 20 mln. The scheme has been transformed into a multi-storey high-street store located right at the heart of Milan's shopping district, between Corso Vittorio Emanuele and Piazza Beccaria.
Italian REIT Beni Stabili has announced completion of redevelopment work on the former Excelsior - Mignon multiplex cinema in Milan, representing an investment of EUR 20 mln. The scheme has been transformed into a multi-storey high-street store located right at the heart of Milan's shopping district, between Corso Vittorio Emanuele and Piazza Beccaria.
Beni Stabili said the new store - designed by star architect Jean Nouvel - has been delivered to its new tenant, fashion group Coin. The project was realised by Beni Stabili's development arm and offers around 8,000 m2 of retail accommodation.
