King Sturge forms association with Italian property group Gabetti Property Solutions (IT)

Gabetti, headquartered in Milan, was founded in the 1950's by Giovanni Gabetti. The company is one of the leading real estate brokerage firms in Italy and is listed on the stock exchange. The group provides local and international clients with a range of commercial services including agency, property management, research and valuation, as well as offering residential services through a franchising network. Gabetti has 9 offices in Italy, including Milan and Rome and employ 73 staff.

Richard Fiddes, Managing Partner for Mainland Europe at King Sturge, says "Italy has been a significant gap in our network for the last few years and with the European markets now starting to recover as well as our clients looking to expand, we are delighted to have formed an association with Gabetti. Our new associates have a lot of experience in the marketplace and we are excited to see where this new joint initiative takes us."

"The agreement with a major international player such as King Sturge is an important milestone for us" comments Giorgio Lazzaro, CEO of Gabetti Agency. "The partnership is aimed at internationalising our business, granting us the opportunity to serve our clients abroad and to attract capital and foreign investors to the Italian market."

Gabetti Property Solutions is the parent company of the Gabetti Group ( which includes Gabetti Agency, Gabetti Finance, Abaco Servizi, Gabetti Cube, Patrigest, Gabetti NPL and La Gaiana.

Significant deals recently concluded by Gabetti include the sale of a 4,700 m² office building in Milan, currently leased to Credit Agricole, on behalf of the Italian banking group Mediolanum for €26 million, as well as the leasing of a 5,000 m² office building in the Naples CBD, for UGF Banca, a major Italian banking and insurance group.

Source: King Sturge

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