CityLife is a trophy-tier Milan submarket with average asking rent around €58/sqm/mo · ≈ $69.8 PSF/yr USD.

  • Average asking rent: €58/sqm/mo · ≈ $69.8 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.

CityLife, Milan office rents and availability

CityLife is a trophy-tier Milan submarket with average asking rent around €58/sqm/mo · ≈ $69.8 PSF/yr USD.

TL;DR

  • Average asking rent: €58/sqm/mo · ≈ $69.8 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

CityLife averages around €58/sqm/mo · ≈ $69.8 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

ESG-led trophy delivery. Insurance (Generali, Allianz), consulting (PwC), professional services.

Key facts

cityMilan
submarketCityLife
tiertrophy
averageRentLocal€58/sqm/mo · ≈ $69.8 PSF/yr USD
cityClassARentUsd$58/sqft/yr
cityVacancyPct9.2%

Frequently asked questions

What is the average Class A rent in CityLife, Milan?
Around €58/sqm/mo · ≈ $69.8 PSF/yr USD. The citywide Class A index sits at €48/sqm/mo · ≈ $57.8 PSF/yr USD.

Related

Editorial provenance

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

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