Delfi Partners Enters the Italian Real Estate Market

Delfi Partners Group, a leading European real estate asset management practice with headquarters in Greece, recently announced its entrance in the real estate market of Italy.

With a new office situated in Milan, a dedicated team of asset management professionals and a solid experience in the real estate industry in Europe, the company aspires to develop a strong presence in Italy, where the market is currently recovering from the Covid-19 pandemic.

According to a company announcement, Delfi Partners will work closely with the Italian banks, loan servicers, investors and real estate owners in most asset classes, to provide a wide range of real estate asset management services from underwriting and valuation to property, transactions management and analytics.

Marco Femia, Director of Asset Management at Delfi Partners Italy, will lead the company’s strategic moves in the local market, drawing on his long international experience in different areas of the real estate sector.

“I am eager to contribute to the company’s growth, by focusing mainly on the acquisition of new clients and the establishment of strong, long-term relationships between them and Delfi Partners,” Femia said.

He also pointed out the importance of keeping up to date with the real estate trends and the different needs that emerge in different areas of the country.

For example, residential investments are showing a steady growth in Milan. The PRS (private rented sector) is becoming an investment target for many investors and RE Funds, especially in Milan.

Investors are also showing considerable interest in logistic properties, thanks to the increase of e-commerce activities, both in northern Italy, where there are numerous new logistic developments, as well as in southern Italy.

Delfi Partners will take the local needs and trends into consideration, in order to develop a comprehensive portfolio of assets for sale and rent. In addition, the company aims to play a catalyst role in assisting local banks, servicers and institutional investors to manage their real estate exposures.

According to Dr. George Mountis, Group Managing Partner of Delfi Partners, becoming one of the largest real estate asset management providers in Italy is the company’s next strategic goal.

“We are confident that we will accomplish our goal, building on service quality, collaboration, trust and of course, our strong background as a real estate services provider in Europe and the UK,” he said.

Delfi Partners has offices in Athens, Thessaloniki and Heraklion, Crete, in Greece; London, UK; Limassol, Cyprus; and now Milan, Italy.

The company is also a main stakeholder in Oniro Hotels Group that currently has nine hotels in its portfolio and recently launched a new hotel management company.