Siemens shortlists BNP Paribas RED to build new Milan HQ

Siemens is in advanced negotiations with BNP Paribas Real Estate Property Development about the construction of its new headquarters in Milan.

'The conclusion of these advanced negotiations is expected within a few months,´ the companies announced this week at the Expo Italia Real Estate Fair in Milan.

Siemens organised a public contest for the development of its new corporate head office in the Italian city at the end of last year. A number of major national and international developers launched bids for the construction mandate.

Designed by architects Barreca & La Varra and Stefano Boeri Architetti, the new office building is located in the new Adriano district in the north-eastern part of the city, and will offer 27,500 m² of gross space.