The Italian job! Savills expands European presence

Savills has strengthened its European residential network with the acquisition of real estate company Beliving in Italy. 

Founded by Danilo Orlando in 2013 and a Savills associate since 2017, Beliving has particular expertise in the new build residential market. 

The acquisition, part of Savills residential expansion across Europe, brings a new service line offering to the Savills Italy business which already includes hospitality and leisure, office leasing, capital markets, industrial and logistics, retail, building and project consultancy, valuation and advisory, and property management.

The Beliving offices in Rome, Milan and Sicily will be fully branded and operated as Savills and the existing Beliving team will be retained with Orlando taking the position of head of residential, Savills Italy.

Angus Potterton, chief executive of Savills Italy, said: “Savills has been operating in Italy for more than 30 years and we have built a reputation as one of the leading real estate companies in the market. 

“This acquisition means we can now provide our clients with a full service right across the real estate spectrum, from the buying and selling of residential property to operational capital markets and institutional investment.”

Orlando added: “We are extremely proud to begin a new chapter with Savills. 

“This move is the natural evolution of the already-existing relation between our firms and will further strengthen our commitment to delivering outstanding real estate experience and exceptional value to our clients. 

“We are thrilled about the opportunity to accelerate our growth plan, both in the new development and residential business lines, and expand our footprint further in Italy.”