- Business
- Risanamento S.p.A. is an Italy-based property and development company focused on the redevelopment, development, management, and trading of real estate assets. The company, founded in 1998 and headquartered in Milan, primarily operates through subsidiaries such as Milano Santa Giulia S.p.A., which was merged into the parent in 2025; it offers services including environmental remediation, public infrastructure works, residential and commercial property development, rental of income-producing assets, and real estate sales. Core projects encompass the Milan Santa Giulia metropolitan area redevelopment with approximately 400,000 square meters of residual construction capacity in southeast Milan; Via Grosio in northwest Milan; Torri di Quartesolo in Vicenza province; and the Arena Santa Giulia, a strategic venue for the Milan-Cortina 2026 Winter Olympics hosting ice hockey events. Risanamento targets institutional investors, public entities, and professional clients in the Italian real estate market, with operations concentrated in the Lombardy region. Recent developments include the stipulation of the merger deed incorporating Milano Santa Giulia S.p.A. in 2025; a subsidiary sale of a real estate complex to Autotorino S.p.A.; updated bylaws and capital social variations in July 2025; reduced nine-month net losses to EUR 5.9 million as of September 30, 2025, alongside production value growth to EUR 2.5 million and a positive net financial position of EUR 27.9 million; and Council of State rulings in 2025 confirming the legitimacy of the Arena Santa Giulia urban planning and Montecity-Rogoredo Program Agreement amendments.