Creating value through active management in Germany

In today’s European real estate market, success hinges on more than just acquiring assets, it requires active value creation. In this PERE keynote, Stefano Giardina, managing director, real estate, and CIO of Arrow Germany, explores how value-add strategies, strategic capex, and ESG integration are unlocking returns.

Arrow is targeting “special situations” – distressed or stranded assets where local platforms can act decisively, resolve legacy challenges, and reposition properties for long-term performance.

As Stefano explains:

“Half of the value is created at acquisition, while the other half comes from asset management and value-add initiatives.”

 “Germany’s insolvency process is particularly transparent and efficient, which has created a rare window of opportunity… available at steep discounts, sometimes 30–80 percent off capital cost.”

 “With our on-the-ground teams and strong local relationships, we are able to identify and execute on these deals before they gain wider market exposure.”

Read the full article to learn how Arrow Global is turning market complexity into opportunity, through precision, partnership, and platform strength

 

Stefano Giardina

Stefano Giardina

Managing Director, Real Estate and CIO of Arrow Germany

Stefano Giardina recently joined Arrow Global to help grow the company’s real estate business in Continental Europe.

With over 20 years of experience in real estate, Stefano began his career at Citigroup Investment Banking in London and New York, where he was involved in a broad range of real estate underwriting, structuring, and deal execution across EMEA and North America. He later joined Citigroup’s real estate private equity arm, where he was responsible for originating and investing across Continental Europe. Most recently, he worked at ALTERX, a real estate operating partner backed by The Baupost Group, where he led investments and strategic asset management in the DACH region.

Stefano holds a Master of Science from ESCP Business School and a Laurea Magistrale (master’s degree level) in Political Science from the University of Turin.

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