The Italian subsidiary of the beauty powerhouse has signed a pre-letting agreement with real estate player Covivio for a building at the city’s new business district The Sign.
Designed by the Progetto CMR architecture firm, the new L’Oréal Italia headquarters will stand at the end of the new Fernanda Pivano square and the IULM Park, and will span over nine floors, with large terraces overlooking the square on the fourth and eight floors, and about 180 underground parking spaces.
In addition to Milan, L’Oréal Italia has a logistics center in Villanterio and one of the group’s main global production hubs at Settimo Torinese, a 30-minute drive from Turin. Operating since 1960, the products manufactured at this plant are distributed in more than 30 countries. Combining all locations, the subsidiary’s workforce counts 2,000 people.
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