Arrow Capital Partners appoints head of Italy
Arrow Capital Partners, an international investor and operator of real estate in Europe and Asia-Pacific, has appointed Sam De Girolamo as Head of Italy following its successful launch of Strategic Industrial Real Estate (SIRE), a EUR2 billion pan-European joint venture with a leading North American private equity investor.
With 15 years of experience, De Girolamo is responsible for managing Arrow’s investment activities across Italy based out of their office in Rome. Prior to joining Arrow, he was the CEO and managing partner of a private property investment & development company in Italy. He was also a transactions manager at Valad, where he worked on various mandates across the industrial and office markets, and a financial analyst at Westfields and the Commonwealth Bank in Australia.
He holds a Bachelor of Applied Finance from Macquarie University in Sydney, Australia.
The SIRE joint venture will invest in core plus industrial and logistics assets yielding more than 5% as well as vacant assets with strong lease up potential. It will focus on urban infill locations across Europe’s major cities and strategic transport hubs that are benefitting from structural trends in urbanisation and e-commerce growth. The team at Arrow has historically been one of the largest owners of strategic industrial/urban logistics assets in Europe over the last 15 years.
The joint venture will be led by Katherine Parker, Partner at Arrow Capital Partners, and will invest across Europe, predominantly in Germany, Benelux, UK, Italy and Spain, as well as in the Nordics, France and Central Europe. Seeking exposure to single and multi-let industrial, distribution warehouses, ‘last touch’ logistics, cross docking, trade counter and storage space, the joint venture will acquire properties in locations within urban conurbations, ports, railways, airports and accessible to major transport networks.
Christian Bearman, Partner and Head of Europe at Arrow Capital Partners, says: “Having worked closely with Sam in the past, we are looking forward to teaming up with him again as we expand the Arrow Capital Partners platform in Italy. He has enviable knowledge and experience of the real estate market in Italy, having worked there for more than 10 years. We will certainly be looking to deploy capital in logistics (SIRE) and offices over the coming months.”
Sam De Girolamo, Head of Italy at Arrow Capital Partners, says: “Italy is Europe’s fourth largest economy and has an important commercial real estate market that is currently attracting the attention of international investors. We are currently seeing a lot of interest in light industrial, logistics and office assets in and around urban locations like Milan and Rome.”