Radisson Hospitality AB, part of Radisson Hotel Group, is pleased to announce the signing of a new Radisson Collection property in Milan, Italy. Working in conjunction with Allianz, the group will redevelop the former Allianz Italia headquarters in Milan into the Radisson Collection Hotel, Santa Sofia Milan. Set to open in 2022, the hotel will be managed by Allianz Real Estate on behalf of Allianz group companies.
The hotel, located at via Santa Sofia 37 in the central Corso Italia district, will be part of the highly prestigious Radisson Collection portfolio. It will join other landmark Collection properties in Rome, Venice and the recently announced Palazzo Touring Club - also in Santa Sofia, Milan.
The transformation project will create a destination hotel for both high-end cosmopolitan and business clientele. It will have 160 guest rooms, including 43 junior suites and 11 suites, while leisure and dining facilities will include a fine gastronomy restaurant and a rooftop bar with views over Milan. Guests will also have access to a wellness terrace on the fourth floor.
The hotel, which will also offer hi-tech meeting and events spaces for the local and international business communities, will benefit from the new Santa Sofia M4 underground stop, which is expected to open in 2022 and will directly connect the hotel with the city center and Linate Airport.
Allianz was assisted by CBRE Hotels Italy, led by Francesco Calia, throughout the selection process and negotiation of the commercial terms of the lease agreement signed between the parties. Dentons acted as legal advisor with a team led by partner Maria Sole Insinga.
The Radisson Hotel Team, led by Mauro Vinci, Senior Director of Business Development for Italy, was assisted by Fabio Basile of the Studio Marco Piva on the technical side and by lawyer Nicola Ferrini.