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UniCredit continues its real estate reorganization

  • 25 "Piani Città" (Town Blueprints) for a more functional management of spaces and  structural costs
  • A new Branch Model for improved Customer relations


Nearly a year after  the opening of the New UniCredit Tower, the Group presented today the progress of their real estate projects, which include two important initiatives.


In line with the Strategic Plan, the Piani Città project - a vast reorganization of the Headquarters in 25 European cities - continues, and the new Branch Model is being consolidated at international level: an innovative format based on a redesign of spaces, making them more modern and functional, with a more direct contact with the customers, interactive technologies and cutting edge service model.


The two projects foresee a structured saving of €400 million within 2018 (€200 million as of today) and asset divestiture for €5 billion, of which €3,4 billion has already been achieved.


"Thanks to the new Branch Model, over 1.500 are under redesign to increase the possibility to attract clients,  to improve the service with last generation devices and more modern, flexible and accessible spaces", states Federico Ghizzoni, CEO of UniCredit  "and within the Piani Città project we will vacate over 700.000 square metres by 2018.  Having completed the UniCredit Tower project, we will concentrate the various business districts of Munich and Vienna into new multifunctional areas over the next three years".


The "Piani Città" project, launched in 2010, include the main European locations of the Group (Milan, Rome, Munich, Hamburg, Bucharest, Prague, Moscow, Zagabria, Bologna, Turin and Verona) and is a great challenge to implement a sustainable rationalization, based on four main criteria:

  • consolidation with the release of 150 buildings;
  • decentralization: over 80% of the remaining locations are in the major areas of the city;
  •  more efficient usage of space: average target of 10/12 square metres per person;
  • environmental impact: a reduction of approx. 50.000 tonnes of COper year.

One of the key aspects to be introduced within the changes is Smart Working, workspaces based on a layout organized according to different  activities and needs (for example, concentration, communication, team work) and supported by IT solutions designed for working mobility.


With Smart Mobility, in experimental phase in Milan, it is possible, to work from home, once a week, or from one of the four main hubs located in the urban city districts, made available by the Group.


"Smart Working" says Paolo Fiorentino, UniCredit Deputy General Manager, allows colleagues to experience more flexible workspaces, making collaboration easier and promoting a greater autonomy in managing activities, based even more on trust and focused on results.  We greatly believe in this model which we aim to offer in 2015 to 4.000 colleagues working in UniCredit Tower, the Groups' Headquarters".


The Smart Working project started as a pilot three years ago, involving approximately 1.000 people in Italy and Germany, and will be extended to approximately 20.000 international colleagues within the next three years.



Milan. 30 June 2014