Business Model
A model that regenerates the city
A real estate development model focused on Milan, built on urban regeneration, controlled phased sales and a transparent corporate structure. Every project creates measurable value for all stakeholders, from clients to investors.
We operate in Milan, addressing mainly the family market for the purchase of a “first home”, building new quality apartments in semi-central areas and neighbourhoods of our City.
Advantages
A market characterised by strong demand which, meeting a primary need, is less sensitive to economic cycles. Focusing on the reference market enables the development of strong know-how and solid local relationships with all stakeholders, creating the conditions for a lasting competitive advantage.
Highlights
Development pipeline
204,900 sqm 1-2
Commercial area
€ 645/comm. sqm
Average purchase cost per commercial sqm
2,260 3
Standard units
18
Projects
Order backlog
369 3
Standard units
€ 169m
Total value
€ 49m 4
Contracted deposits/advances
Deliveries
1,116 5-6-7
Standard units delivered
€ 432m 8
Value of delivered units
Work in progress
315 3
Standard units under construction
€ 147m
Value of units under construction
Data updated as of 24 February 2026
- 1 Net of completed notarial deeds and completed Homizy properties
- 2 Of which 19,900 sqm to be developed under Convenzionata and/or Concordata (subsidised) housing schemes
- 3 Number of apartments assuming an average size of 92 sqm for free-market housing and 82 sqm for social housing (ERS). The number of apartments actually built and contracts signed may vary — the total surface area remaining unchanged — depending on the customisation of unit sizes
- 4 Backed by an insurance surety bond
- 5 Cumulative figure for all apartments delivered by the Group
- 6 Number of apartments recalculated on the basis of the average “standard unit” size
- 7 Including 193 completed apartments from the two projects of the subsidiary Homizy S.p.A. for residential rental under the co-living format
- 8 Of which € 75m relating to units of the subsidiary Homizy S.p.A.