Kaaja, the Italian proptech that has digitalized the entire real estate buying and selling process through innovative technologies, announces the appointment of Gianluca Grea and Terenzio Cugia di Sant'Orsola as President and Board Member respectively on May 11, 2023.
The new President replaces Silvia Maria Rovere, who was recently appointed as the President of Poste Italiane.
"We thank the outgoing President, who played a decisive role in Kaaja's growth, and wish her all the best in her new prestigious role. We are very happy and honored with the new appointments to the Board of Directors," comment Dario Cardile and Paolo Castelletti, founders of Kaaja. "They bring new incentives and specific skills to the real estate sector in Kaaja. Gianluca Grea and Terenzio Cugia di Sant'Orsola, thanks to their great professionalism and experience, will allow us to further accelerate in the coming years."
The new appointments will accompany the company's growth in developing its mission to support real estate operators in managing the commercialization process of real estate assets, particularly in new servicing and brokerage capabilities.
Through its technological platform, operations in managing contacts, and marketing expertise in promoting real estate, Kaaja supports asset managers and brokers in the entire buying and selling process, making it simpler and faster, allowing them to save time, be more efficient, maximize returns, and offer a better experience to their clients.
Moreover, a significant part of the service offered by Kaaja is access to detailed reporting on the entire process, allowing for full awareness of the status of each property and its commercialization, providing operational insights for improving present and future activities.
"I thank the shareholders for their trust," says Gianluca Grea, President of Kaaja. "Together with my colleagues, we will bring innovation and experience to the forefront, a necessary combination for consolidating a growth path in a field characterized by rapid evolution, and allow our start-up to achieve ambitious results."
"I am very happy to collaborate in the growth of the Kaaja platform," says Terenzio Cugia di Sant'Orsola, Board Member of Kaaja. "There is no doubt that technological development can revolutionize the real estate sector if used intelligently to process information more efficiently and free up useful time for underlying analysis. Kaaja serves this exact purpose, providing a value-added service to NPL servicers and even large real estate intermediaries, starting with real estate agents."
Profile of Gianluca Grea
Gianluca Grea is a corporate lawyer and manager with over 30 years of experience in the financial and real estate sectors, working in high-profile organizations and law firms, including the Pirelli Group. He specializes in corporate governance and control processes, aiming to achieve the goals of companies and stakeholders. He is a strong advocate for ESG sustainability as a lever for generating impact and corporate value.
He has played a key role in complex cross-border corporate operations, capital market maneuvers, public tender offers, startup activities for real estate asset management and servicing in the field of non-performing loans (NPL). Currently, in addition to serving as Of Counsel at Parola Angelini law firm, he is Chairman of the Board and of Endo-Council Committees of various companies, both monitored and unmonitored, operating in different markets, from fashion to banking, from services to asset management (including recently the DeA Capital Group and the Société Générale Group).
Profile of Terenzio Cugia di Sant'Orsola
Terenzio Cugia di Sant'Orsola has almost 20 years of experience in the financial sector, particularly in managing equity and M&A operations in the real estate, energy, utilities and transport sectors.
From 1995 to 2006, he worked for the Italian branch of Lehman Brothers, first as vice president and then as executive director. From 2006 to 2009, he was CEO of Beni Stabili Gestioni Sgr, before moving on to assist banks and financial companies (World Bank, Credit Agricole, Cale Street Partners), international strategic consulting firms (ICME, In2It), and real estate funds (Est Capital) as an independent consultant in structuring real estate transactions in Italy and abroad.
Cugia di Sant'Orsola currently holds the position of Senior Director of Investment & Advisory Services at RINA Prime Value Services.