Rosewood Hotels & Resorts has been appointed by real estate firm Gruppo Statuto to manage Rosewood Milan, set to open in 2025 in the heart of the city. 

The upcoming property marks the brand’s fourth hotel in Italy, joining Rosewood Castiglion del Bosco in Tuscany and recently announced properties Rosewood Rome and Rosewood Hotel Bauer in Venice.

Rosewood Milan will be situated on the edge of the city’s fashion district, Quadrilatero della Moda, steps away from the famous shopping boulevard Via Montenapoleone.

The hotel will reside in the historic and iconic Palazzo Branca and Palazzo della Banca Commerciale, buildings built in the 19th century and formerly home to the Italian Commercial Bank.

The property will feature 70 rooms, including 20 suites, as well as a bar and restaurant with a courtyard and garden, and an Asaya wellness facility with three treatment rooms, an indoor pool and fitness centre. 

Parisian design firm Studio K.O will oversee the design, with a statement from the brand saying the property would “evoke the romantic grandeur of historic Milan juxtaposed with a contemporary design”.

Rosewood chief executive Sonia Cheng said: “This development comes with great excitement as we continue our growth in Europe and Italy specifically.

“Rosewood continues to expand to destinations where we know our ‘affluential explorer’ guests want to travel. With all its culture and vitality, Milan ticks all the boxes for a Rosewood urban location and it will round out our portfolio of global fashion capitals where Rosewood has a presence, including our iconic properties in New York, Paris and London.” 

Giuseppe Statuto, chairman of Gruppo Statuto, added: “We are thrilled to partner with a brand such as Rosewood to bring these historic buildings back to life.

“By merging our shared experiences and philosophies, we know this hotel will become an immediate icon of high hospitality in Milan - a trend-setting city that increasingly stands out in the world as an unmissable destination for international travellers and locals alike.”