What does a Milan Class A fit-out cost?

From $55–$80/sqft for Basic to $195–$290/sqft for Trophy specification. Mid-spec — the most common — is $85–$125/sqft.

Are MEP and AV included in those bands?

Yes — bands include MEP, AV/IT cabling, FF&E, and a typical contingency.

Class A fit-out in Milan ranges from $55–$80/sqft for basic specification to $195–$290/sqft for trophy.

Basic fit-out: $55–$80/sqft.
Mid spec: $85–$125/sqft.
High-end: $130–$195/sqft.
Trophy: $195–$290/sqft.
Always model fit-out as amortised capex inside total occupancy cost.

Milan office fit-out costs

Class A fit-out">fit-out in Milan ranges from $55–$80/sqft for basic specification to $195–$290/sqft for trophy.

TL;DR

Basic fit-out: $55–$80/sqft.
Mid spec: $85–$125/sqft.
High-end: $130–$195/sqft.
Trophy: $195–$290/sqft.
Always model fit-out as amortised capex inside total occupancy cost.

Cost bands

**Basic** ($55–$80/sqft): functional Cat-B with standard finishes and basic AV. **Mid** ($85–$125/sqft): branded reception, mix of meeting rooms, mid-grade AV, light biophilic touches. **High-end** ($130–$195/sqft): full client-facing programming, premium furniture, specialist AV. **Trophy** ($195–$290/sqft): fully bespoke design, signature staircase or feature, top-tier MEP and acoustic packages.

What drives variation

Local labour rates, MEP and AV scope, contingency, FF&E selection, and the building's Cat-A condition. Always price scenarios against landlord's TI to land on net-out-of-pocket capex.

Working with the landlord allowance

Use the Fit-out Budget Estimator with your spec level to benchmark; subtract landlord-funded TI to land on net spend. Over-allowance spend is amortised into rent — negotiate the rate up front.

Key facts

city	Milan
country	Italy
region	EMEA
classARentLocal	48 EUR/sqft/yr
classARentUsd	$52/sqft/yr
vacancy	9.2%
typicalLeaseYears	6
typicalRentFreeMonths	5
submarkets	5
primeYieldPct	4.6%
basicFitoutPsf	$55–$80/sqft
midFitoutPsf	$85–$125/sqft
highEndFitoutPsf	$130–$195/sqft
trophyFitoutPsf	$195–$290/sqft

Frequently asked questions

What does a Milan Class A fit-out cost?: From $55–$80/sqft for Basic to $195–$290/sqft for Trophy specification. Mid-spec — the most common — is $85–$125/sqft.
Are MEP and AV included in those bands?: Yes — bands include MEP, AV/IT cabling, FF&E, and a typical contingency.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction