BMO Real Estate Partners adds two to European team in Paris

BMO Real Estate Partners (BMO REP) has added to its Continental European team with the appointments of Lea Castelli and Nadia Baïleche. Both will be based out of BMO REP’s Paris office.

Castelli joins as European Retail Manager – Food & Beverage and will be responsible for sourcing new acquisitions, transactions, leasing strategies and negotiations with a focus on food and beverage restaurant operators across Europe.
Castelli joins BMO REP from Cushman & Wakefield where she spent the past year establishing a Food & Beverage Department in Paris. As Head of the department, Castelli was tasked with identifying prospects and locations for restaurant operators within tenant rep mandates and landlord leasing mandates. Castelli has over five years of international experience within the real estate industry which includes roles with Sotheby’s and Aurora Realty Consulting in Montreal, Canada.
Baïleche joins as European Asset Manager and will be responsible for leading leasing and project management activities with a focus on driving asset performance for extensive value enhancement as well as supporting the transaction team with deal sourcing and business development activities. In addition, Baïleche will be tasked with developing relationships with the leading retailers across Europe.
Baïleche joins BMO REP with over 10 years’ experience within the real estate industry. In her most recent role as a Retail Portfolio Manager at TH Real Estate, she was responsible for managing retail assets on behalf of Pan-European funds. Prior to this, Baïleche was a Retail Consultant at Convergences–CVL for over two years. Baïleche has a strong background in restructuring and re-tenanting operations and holds a Master’s degree in Real Estate from Université Paris Nanterre.
Ian Kelley, Fund Director Europe & Head of France at BMO Real Estate Partners, says: “Both Lea and Nadia form a key part of our ongoing retail investment strategy in Europe, bringing a wealth of relevant specialist expertise that we will seek to leverage in order to drive further value for our clients. On the back of recent prime high street retail property acquisitions, I look forward to working with Lea and Nadia to proactively increase our investment capacity and performance within the key European cities.”