Marco Corti Promoted to Barings Italy Country Head
Barings, the global investment management firm and one of the world’s largest diversified real estate investment managers, announces that Marco Corti has been promoted to Managing Director and assumes the role of Italy Country Head.
Marco has worked in the Italian team as Director Transactions and Asset Management since 2017 and has quickly established himself as one of the leading real estate managers in Italy. Some of his highlights include spearheading the successful repositioning of two Milan assets, 9-11 Via Pola and Corso di Porta Vigentina 9, into prime office assets. All delivered significant return on investment and strong multiples on behalf of clients following significant asset management programmes.
Marco assumes this role from Valeria Falcone who becomes Head of Value Add Investing Europe and will retain her position as Portfolio Manager of the Barings European Value Add stratrgy, for which she has been responsible for deploying circa €800m in real estate equity transactions in Europe over the last five years across the risk spectrum.
Both Marco and Valeria will continue to be based in Barings’ Milan office.
Valeria Falcone, Managing Director and Head of Value Add Investing Europe, commented: “Since we launched the Barings Milan office in 2015, we have established ourselves as a significant player in Italy, where we continue to source new and exciting opportunities to create value and deliver strong results on behalf of our investors. I have worked closely with Marco since he joined Barings in 2017 and I know that he will do a great job in continuing the upward trajectory of our business here.”
Marco Corti, Managing Director, Country Head of Italy, added: “In Italy we have taken a hands on approach to investment and asset management, which has enabled us to quickly become a highly regarded partner in this market. This would not be possible without our expert teams on the ground who provide us with invaluable insight and local knowledge. I would like to thank Valeria for her support and guidance over the last few years and I look forward to building on her success in the years to come.”
Barings Real Estate
Barings Real Estate (BRE) offers a broad range of global investment opportunities across the private debt and equity investment markets. BRE invests in all major property sectors and offers an expansive range of financing solutions to real estate borrowers. BRE also specializes in providing government and government-sponsored entity lending products through our wholly owned subsidiary, Barings Multifamily Capital. Follow us on LinkedIn at www.linkedin.com/showcase/barings-alternative-investments.
About Barings
Barings is a $326+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment. Learn more at www.barings.com.
*Assets under management as of March 31, 2021.