Falck has completed the plan for value enhancement and disposal of its real estate. Its historical property in Sesto San Giovanni covering an area of around 1.5 million square meters at the gates of Milan was sold last December 5, for ITL 341 billion to the Sesto San Giovanni real estate company San Clemente S.r.l. 

This transaction marked the successful conclusion of its Real Estate mission providing the Falck Group with substantial funds for its development strategies.  

Disposal of former Falck industrial properties was conceived and carried out with the primary objective of enhancing the value of the area.

The transaction was completed successfully thanks to the far-sighted policy adopted by the Falck Group which has always considered this property valuable and offered it as such on the market.
The extensive area covered, the proximity to major Northern Italian airports and the direct metro connection with the Milan city center make the Sesto San Giovanni property particularly suitable for work and residential development.  

The objective has always been to create a town tailored to man’s needs where people can live, study, work and meet in a high quality environment featuring also a large Park for which an international competition of ideas has been called.