International mobile phone operator Vodafone said it plans to invest around EUR 300 mln in the development of a new sustainable headquarters in Milan, northern Italy. The new complex, offering some 67,000 m[sup]2[/sup] of office space, will house the group's 3,000 workers that Vodafone currently employs in over 10 different sites in the Italian city.

International mobile phone operator Vodafone said it plans to invest around EUR 300 mln in the development of a new sustainable headquarters in Milan, northern Italy. The new complex, offering some 67,000 m2 of office space, will house the group's 3,000 workers that Vodafone currently employs in over 10 different sites in the Italian city.

'This will represent the largest property investment worldwide made by the group,' Paolo Bertoluzzo, CEO of Vodafone Italia, said.

The Vodafone Village will be built by the Italian property developer Carminati Group, through its Real Estate Center Srl unit. Located in the Lorenteggio-Corsico area of Milan, the centre will consist of three energy-efficient office towers. The complex is due for completion by the end of 2011.