CA Ventures

CA Ventures appoints MD for Italy



CA Ventures has announced the appointment of Giuseppe Zafferri as managing director in Italy.

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The $10.2bn (approximately £7.8bn) Chicago-based real estate investment company launched its European offering in September.

Giuseppe has spent the past 12 years at Eurotekna Milan, where he was most recently head of acquisition, project and construction management.

CA Ventures — which is focusing on Milan, Turin, Bologna and Florence — has committed €170m (approximately £147m) per annum to the country.

“Giuseppe has a breadth of experience in both acquisitions and development in the country,” said Carlo Matta, head of Europe at CA Ventures.

“He shares our belief that Italy offers enormous opportunity in the next decade, starting with Milan, where the city’s universities offer a truly international curriculum and have a large student body.

“We are vertically integrated, and we manage all the properties we develop; this is especially important in a market like Italy where both PBSA and BTR are nascent asset classes and good managers are few and far between.”

Giuseppe added: “The Italian market is an attractive proposition and I think the arrival of a company like this speaks volumes.”



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