---
title: "PRADA spent nearly €66.6 million to purchase land in Milan from Miuccia Prada to develop a new headquarters"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/266454765.md"
description: "PRADA announced that it has reached a related transaction with its executive director and major shareholder Miuccia Prada Bianchi's Ludo Due S.r.l. to acquire a plot of land measuring approximately 14,800 square meters located at Via Orobia 3 in Milan, Italy, for nearly €66.588 million, which is expected to be developed into the new company headquarters after further evaluation"
datetime: "2025-11-19T00:38:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/266454765.md)
  - [en](https://longbridge.com/en/news/266454765.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/266454765.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/266454765.md) | [繁體中文](https://longbridge.com/zh-HK/news/266454765.md)


# PRADA spent nearly €66.6 million to purchase land in Milan from Miuccia Prada to develop a new headquarters

PRADA (01913.HK) announced that it has reached a related transaction with its executive director and major shareholder Miuccia Prada Bianchi's Ludo Due S.r.l. to acquire a plot of land measuring approximately 14,800 square meters located at Via Orobia 3 in Milan, Italy, for a price of nearly €66.588 million, which is expected to be developed into the new company headquarters after further evaluation

### Related Stocks

- [PRADA (01913.HK)](https://longbridge.com/en/quote/01913.HK.md)

## Related News & Research

- [Prada Sets Fully Virtual 2026 AGM, Proposes Dividend and New Independent Director](https://longbridge.com/en/news/281358809.md)
- [Nvidia's Stock Is Struggling, and That's Bad News for This High-Powered Nasdaq ETF](https://longbridge.com/en/news/281205567.md)
- [Tesla, Inc. $TSLA Shares Sold by BTC Capital Management Inc.](https://longbridge.com/en/news/281321406.md)
- [Why Nvidia And Tesla Are Suddenly Knocking On Samsung's Door](https://longbridge.com/en/news/280999748.md)
- [Tesla, Inc. $TSLA Shares Purchased by Silver Oak Securities Incorporated](https://longbridge.com/en/news/281170899.md)