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Galleria Vittorio Emanuele II recording. 1 million euros was offered for renting a room in the Galleria in Milan
The municipality had established the auction base at 131 thousand euros a year, but SL Luxury Retail, dealer of the Yves Saint Laurent brand has been awarded the offer by offering a net profit of 1.
A record number for the venue with a single showcase, which will be rented for 18 years. Needless to say, the offer had no rivals.
The base price has been exceeded eight times. 869 thousand euros more than the starting point, for this store of 82 square meters, previously rented by Nara Camicie. The price per square meter is easy to calculate: more than 12 thousand euros, exactly 12,195 [19659002] On the day of the tender, on May 25, twelve offers had arrived, including the jeweler Damiani, Richemont, luxury and the same Nara. No character offered could compete with French.
Mayor Sala declared on the 150th anniversary of the world-famous Galleria, "The gallery is a bit like the barometer of the city.Well, the Gallery works well, when Milan is a little harder even the gallery suffers ". If the expectations of the mayor are correct, Milan has nothing to fear.
The second place was awarded to Moreschi, a luxury shoe company made in Italy, with an offer of 402 thousand euros. Luxottica, the leader in the eyewear sector, comes in third place with 401 thousand euros. Followed by Richemont with 257 thousand euros and Damiani 201 thousand euros
The other fashion brands in the octagon are Louis Vuitton, Versace, Prada, Armani, Borsalino, Luisa Spagnoli. The revenue of the municipality of Milan reached 38 million euros a year
Milan is confirmed as the heart of haute couture. The French company will occupy the store from next autumn
A very high figure, just think when, just three years ago, Carlo Cracco won the auction by offering 1,090,000 euros annual rent, for an area of 1,118 square meters and developed over 5 floors. The ground floor was at the time occupied by Mercedes
The plot, of a thousand square meters, included three windows and five floors that could be comfortably put together. The municipality had judged the auction base of one million for the entire property and even then the rent was planned for 18 years.
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