MILAN-UK-based realtor King Sturge has entered a partnership in Italy with Milan-based Gabetti Property Solutions, a leading real estate brokerage firm, listed on the stock exchange.
Founded in the 1950s by Giovanni Gabetti, the Italian company provides commercial services including agency, property management, research and valuation as well as residential services through a franchising network.
Gabetti has nine offices, including Milan and Rome, and employs 73 staff. “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,” said Richard Fiddes, King Sturge managing partner for Mainland Europe. “Our new associates have a lot of experience in the marketplace and we are excited to see where this new joint initiative takes us.”
Added Gabetti CEO Giorgio Lazzaro: “The agreement with a major international player such as King Sturge is an important milestone for us. The partnership is aimed at internationalizing 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. Allan Saunderson is a managing editor of Property Investor Europe and a contributor to GlobeSt.com.
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