Eastdil Secured, the global real estate investment bank, today announced the opening of a new office in Milan, its fifth European location, to support the firm’s growing business in Europe.
The New York based firm has hired experienced real estate investment banker Paolo Bellacosa to lead its operations in Italy from this month.
Bellacosa, who joins the firm as a managing director, will oversee Eastdil Secured’s Milan office, which will be located in the storied Brera neighborhood of Central Milan.
Prior to joining Eastdil Secured, Bellacosa spent five years as a partner at Vitale&Co, an Italian corporate advisory boutique, where he supported large international and domestic investors on high-profile M&A transactions. Previously, he was a managing director at BNP Paribas Real Estate and CBRE.
Roy Hilton March, Chief Executive Officer of Eastdil Secured commented, ‘We have an exceptionally strong team in Europe, and this expansion will significantly enhance the value we provide to our clients in Italy and across the continent.’
Since opening a London office in 2010, the firm has opened offices in Frankfurt, Dublin, Paris, Dubai, Tokyo and Hong Kong.
