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    Summary sheet

    Release date
    10 June 2026
    Reference
    20250822
    Project name
    Promoter - financial intermediary
    FONDAZIONE FIERA MILANO POLYVALENT RAI BUILDING
    ENTE AUTONOMO FIERA INTERNAZIONALE DI MILANO
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 65 million
    EUR 132 million
    Location
    Sector(s)
    Description
    Objectives

    The project involves the construction of a new multipurpose, energy‑efficient building with an approximate gross floor area of 65 000 sqm, located in the western district of the Municipality of Milan (Portello district), specifically at the intersection of Via Gattamelata and Via Colleoni, within the historic Fiera Milano exhibition area. The district is a former industrial area that has been redeveloped into a modern urban hub, featuring a mix of residential, commercial and office developments, contemporary architecture, and good accessibility. The new building will host the offices of RAI (Radiotelevisione Italiana), Italy’s national public broadcasting company, as well as a new broadcasting and television production centre.

    The project will support ongoing urban regeneration in the surrounding area and contribute to a more integrated, mixed and inclusive urban development, with positive effects on residents’ quality of life. Furthermore, the project is fully aligned with the Municipality of Milan’s climate strategies and its objective of achieving climate neutrality by 2030. In this context, the building targets LEED (Leadership in Energy and Environmental Design) certification, incorporating sustainability best practices in energy efficiency, water management, materials and indoor environmental quality.

    Environmental aspects
    Procurement

    Given the scale and characteristics of the project, an Environmental Impact Assessment (EIA) was not required, in accordance with Directive 2014/52/EU amending Directive 2011/92/EU. In addition, the building’s primary energy demand is designed to be at least 10% lower than the national Nearly Zero‑Energy Building (NZEB) threshold, in line with Directive 2010/31/EU on the Energy Performance of Buildings. The project has been assessed for Paris alignment and is considered aligned with both low‑carbon and climate resilience goals, in accordance with the EIB Climate Bank Roadmap and related policies, including the EIB Energy Lending Policy. Overall, the project’s environmental and social impacts are expected to be positive, contributing to improved environmental quality and urban liveability. The project supports climate action through integrated mitigation and adaptation measures.

    Fondazione Fiera Milano is a private-law foundation and is therefore not subject to EU rules on public procurement or concessions.

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    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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