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Eight winners and ten honorable mentions: these are the results of the THE PLAN Real Estate Award 2025, the fifth edition of the award dedicated to real estate operations, which this year saw the participation of more than 60 projects on an international scale. Selected from a shortlist of 32 finalists, the winners were announced during the closing evening held on Tuesday, January 27 in Milan, at the historic Fonderia Napoleonica Eugenia.
The competition is structured around four categories—ESG; Innovation and Design; Investment and Asset Management; Urban Regeneration—each further divided into Future and Completed projects.
The awards were decided by a multidisciplinary jury of industry experts: Barbara Cominelli, Chair, Urban Land Institute Italia; Francesca Federzoni, Vice President of OICE and President of Politecnica Building for Humans; Luca Giannelli, CEO of United Consulting and MSC Associati; and Massimiliano Pulice, Head of the Urban Regeneration and Infrastructure Competence Center at Cassa Depositi e Prestiti.
The title of Overall Winner of the THE PLAN Real Estate Award 2025 was awarded to Manifattura Tabacchi Verona, a project by Supernova, for its ability to combine tradition and innovation in a highly complex intervention designed by Snøhetta, as well as for the bold decision to invest in a city outside the usual real estate hubs.
The event was organized in partnership with Buromilan, an international engineering firm, and Atlas Concorde, a leading brand in the ceramic surfaces sector. Opening the evening was the roundtable discussion Accessible cities, competitive assets, a moment of dialogue on emerging urban scenarios and sustainable development strategies, followed by the Awards Ceremony.
The jury awarded projects capable of translating ESG principles into concrete solutions, with particular attention to reducing carbon footprints, enhancing user well-being, and regenerating disused urban and industrial contexts.
Winners
Completed: The Social Hub Roma San Lorenzo, TSH Rome Propco Srl
Future: H2Olona Hydrogen Valley, Expand Srl
Honorable Mentions
Completed: Faro Building, Ardian Real Estate
Future: Trilitica – NOI Techpark B6, NOI Spa with Busselli Scherer
This category recognized projects that successfully combine architectural quality, adaptive reuse, and innovative technological solutions, while respecting the historical identity of their urban contexts.
Winners
Future: Tortona T37-1 – Tortona Living, Kervis SGR
Future: Palazzo Revere, Ardian Real Estate with InvestiRE SGR
Honorable Mentions
Completed: Syntonia Palace, Praemia REIM Italy SGR
Future: Toq13, COIMA RES SICAF
Future: Lario Stelvio, Kervis SGR
The awarded projects demonstrate how forward-looking asset management strategies can generate long-term economic value while positively impacting the urban and social fabric.
Winners
Completed: Syntonia Palace, Praemia REIM Italy SGR
Future: Balilla Park Living, Kervis SGR
Honorable Mentions
Completed: Corso Europa 11, InvestiRE SGR
Future: The Shred, Ardian Real Estate with InvestiRE SGR
The Urban Regeneration category highlighted projects capable of transforming complex areas into new, inclusive urban hubs through the reuse of existing assets and the creation of high-quality public spaces.
Winners
Completed: BiM – Where Bicocca Meets Milan, Kervis SGR
Future: Manifattura Tabacchi Verona, Supernova
Honouable Mentions
Completed: Cogefa HQ – Urban Regeneration in the Heart of Turin, Cogefa Spa
Completed: Palazzo Raggi, Green Stone SICAF Spa
Future: FIX Thessaloniki, Dimand
Photos: Fabio Delfino
