Milan is the commercial, financial and population center of Northern Italy. With its comparatively low unemployment, high incomes and savings, the region is Italy’s wealthiest. Greater Milan has a metropolitan population of about 7 million and represents about one-fifth of Italy's GDP.
Milan, which is home to Italy’s main stock exchange, has a high concentration of companies in fashion, textiles, design, chemicals, manufacturing, banking, sports, media and services. Milan is the seat of several universities, including Catholic University of the Sacred Heart, Bocconi University, University of Milan and Milan Polytechnic.
Milan is located at a nexus of transit corridors through the Po Valley and on the main route connecting Italy with the rest of Europe. As a result, transportation, logistics and distribution are vital to Milan’s economy. An extensive road and rail network connects Milan to the Italian countryside and other cities throughout Italy and across Europe.
The Milan region is home to three international airports—Linate, Malpensa and Orio al Serio—which together accommodate 35 million passengers annually. Malpensa is Europe’s tenth-largest air cargo hub.
As one of Italy’s densest and wealthiest population centers, Milan is Italy’s prime warehousing location. Consumption, trade and emerging e-commerce drive demand for logistics services.
Prologis has industrial properties and warehouses in this strategic logistics region.