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PGIM Real Estate makes senior hire in Italy

PGIM Real Estate has hired Musie Bocrezian, as executive director and head of transactions for Italy, based in its newly opened office in Milan, effective immediately. Bocrezian leads the firm’s efforts to source and execute investment opportunities in Italy.

In this newly created role, Bocrezian adds local expertise to PGIM Real Estate’s ongoing investment activity in the region for European mandates, identifying acquisition opportunities and building out the firm’s local presence. Specifically, Milan’s real estate market presents attractive opportunities in the office space, logistics and developing residential sectors.

Bocrezian brings a wealth of knowledge on the local market, having worked in the sector for over a decade. He joins from Fortress Investment Group where he was an investment director responsible for the sourcing and execution of value-add and opportunistic deals for the real estate business. Previously he was a director at Kryalos Group (Blackstone’s Italian operating partner) for four years, based in Milan, where he was in charge of acquisition and asset management duties. Bocrezian reports to Sebastiano Ferrante, head of Germany and Italy, and works closely with the transactions team based in Frankfurt, Germany.
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