European real estate and distressed debt specialist Invel has hired two experienced senior managers to its team in Italy.
Aniello Priore (pictured right) joins Invel Italy as chief financial officer, having previously been head of fund finance at Castello SGR, where he oversaw the management and co-ordination of €2 bn of assets under management. Priore has 15 years' experience in financial real estate, most of it as financial and administration officer at RREEF Fondimmobilari.
At Invel his responsibilities will include due diligence, structuring and execution of transactions in Italy and supporting Invel Italy’s investment team in the acquisition, financing, refinancing, reporting and disposal processes
Fabio Bronzino is joining the firm from AXA IM as head of asset management in Italy. He has more than 10 years of asset management experience across a range of asset classes including offices, logistics, retail and hotels.
Invel currently manages in excess of €500 mln of assets in Italy, including trophy assets such as via Bigli 1/3 in Milan, which is currently being repositioned.
Davide Madini said: 'Having already invested in numerous portfolios and single assets in Italy, we continue to see attractive investment opportunities where we can leverage our in-depth market knowledge and deal sourcing capabilities with our highly experienced team of professionals in our Milan office.'