Centro Storico (Quadrilatero) is a trophy-tier Milan submarket with average asking rent around €64/sqm/mo · ≈ $77.1 PSF/yr USD.

• Average asking rent: €64/sqm/mo · ≈ $77.1 PSF/yr USD.
• Tier: trophy.
• Citywide Class A rent context: €48/sqm/mo · ≈ $57.8 PSF/yr USD ($58 USD).
• Citywide vacancy: 9.2% — submarket-level availability is typically tighter at trophy tier.

TL;DR

• Average asking rent: €64/sqm/mo · ≈ $77.1 PSF/yr USD.
• Tier: trophy.
• Citywide Class A rent context: €48/sqm/mo · ≈ $57.8 PSF/yr USD ($58 USD).
• Citywide vacancy: 9.2% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Centro Storico (Quadrilatero) averages around €64/sqm/mo · ≈ $77.1 PSF/yr USD for Class A, against a citywide Class A index of 48. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Historic luxury and HQ core. Luxury fashion HQs, banking, family offices, professional services.

Key facts

Frequently asked questions

What is the average Class A rent in Centro Storico (Quadrilatero), Milan?

Around €64/sqm/mo · ≈ $77.1 PSF/yr USD. The citywide Class A index sits at €48/sqm/mo · ≈ $57.8 PSF/yr USD.

Related

• Centro Storico (Quadrilatero) — submarket overview
• Milan — full city profile
• Milan submarkets — all
• Centro Storico (Quadrilatero) — Tenants
• Centro Storico (Quadrilatero) — Transit
• Centro Storico (Quadrilatero) — Amenity
• Centro Storico (Quadrilatero) — Buildings

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

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