How many Class A submarkets are in Milan?

5, ranging from trophy (Porta Nuova) down to established and emerging clusters.

Milan has 5 distinct Class A submarkets we track, anchored by Porta Nuova at the trophy tier.

5 submarkets covered.
Trophy tier: Porta Nuova, CityLife, Centro Storico (Quadrilatero).
Prime tier: Symbiosis District, Quartiere Isola.
Established/emerging tier: —.

Milan Class A submarkets

Milan has 5 distinct Class A submarkets we track, anchored by Porta Nuova at the trophy tier.

TL;DR

5 submarkets covered.
Trophy tier: Porta Nuova, CityLife, Centro Storico (Quadrilatero).
Prime tier: Symbiosis District, Quartiere Isola.
Established/emerging tier: —.

By tier

**Porta Nuova** (trophy, ~€60/sqm/mo · ≈ $72.2 PSF/yr USD) — Milan's principal trophy core. **CityLife** (trophy, ~€58/sqm/mo · ≈ $69.8 PSF/yr USD) — ESG-led trophy delivery. **Centro Storico (Quadrilatero)** (trophy, ~€64/sqm/mo · ≈ $77.1 PSF/yr USD) — Historic luxury and HQ core. **Symbiosis District** (prime, ~€48/sqm/mo · ≈ $57.8 PSF/yr USD) — ESG-led south corridor. **Quartiere Isola** (prime, ~€50/sqm/mo · ≈ $60.2 PSF/yr USD) — Repositioned creative submarket.

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%
trophyCount	3
primeCount	2

Frequently asked questions

How many Class A submarkets are in Milan?: 5, ranging from trophy (Porta Nuova) down to established and emerging clusters.

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

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