Golden Miles
Kering's secret plan to make Italy's most expensive building profitable
The debt-ridden French luxury goods company is being forced to rethink its vast real estate portfolio, which it acquired at a high price. Its property on Via Monte Napoleone in Milan is a thorny issue: it has been negotiating its transfer to an outside investor for over a year, while at the same time mulling opening a mall on the upper floors for its brands.
