MICHELE STELLA PERSONAL INFORMATION • • • • • Place and date of birth: Roma, 18/10/1970 Address: Milano, Via Luigi Settembrini, n°7 Mobile: +39 348 1452148 E-mail: [email protected] Marital status: married with two children EDUCATION AND TITLES • • • Degree in Economics – University La Sapienza - Rome Licensed to practice as Chartered Accountant and Auditor Structured Finance specialisation WORK EXPERIENCE From June 2013 Chief Operating Officer at Aedes S.p.A. • Focused on the implementation of the new Business Plan, on the negotiation of an agreement with the class of creditors and on the equity placement. • Management of the real estate department. From September 2008 to May 2013 Italian Country Manager in IVG Immobilien AG – German law public company - one of the Top Five Asset Manager in Europe with approx. € 22 Bn of real estate assets under management. Among main experiences and responsibilities: • Responsible for all the Italian operations • Responsible for the Italian Portfolio (initial value equal to approx. € 700 MM) • Responsible for fund raising • Responsible for Italian business development activities and for scouting of new investments • Track record (personal target achievement) equal to 117.5 % of projected results by delivering: o € 80 MM of development managed in budget o € 550 MM of assets transacted o Vacancy rate decreased from 39% to 3% o Set-up of a JV between IVG and Beni Stabili Gestioni SGR for fund raising on the Italian market aimed to Pan-European investments o Financial & tax restructuring of Italian platform – over € 300 MM. o Closing of 90% of the pending litigation. From May 2006 to August 2008 Managing Director of Statuto Fondi Immobiliari SGR S.p.A. Among main experiences and responsibilities: • Start-up management of Statuto Fondi Immobiliari SGR S.p.A., completed with the starting of the operativeness of the first Real Estate Fund. • Placement of the shares of the first Fund established by Statuto Fondi Immobiliari SGR S.p.A. to International Investors, among which UBS with the support of Morgan Stanley and Mediobanca (GAV equal to € 200 MM). Personal data treatment ex art. 13 Law Decree 196/03 permitted. 1 • • Management of the restructuring of the JV with Lehman Brothers, focused on the development in Milan and refinancing of the operation with a pool of banks, led by Hypo Real Estate Bank (GAV equal to € 170 MM). Start-up management of three Real Estate Funds, participated by Statuto Group, with the set-up of the financing agreements subscribed by Morgan Stanley, Merril Lynch and The Royal Bank of Scotland (GAV equal to € 600 MM). From January 2004 to April 2006 Aedes Group - Chief of Planning, Finance and Control Department of Aedes Bpm Real Estate SGR S.p.A. Among main experiences and responsibilities: • Acquisition of the majority of stakes of Bipiemme Real Estate SGR S.p.A. from Banca Popolare di Milano. • Implementation of the new business model at Bipiemme Real Estate SGR. • Start-up of a real estate fund focused on a retail portfolio of approximately € 300 MM and placement of the units to Institutional Investors among which Caisse des Depots et Consignations, Aedes S.p.A. and Union Mutualiste Retraite. • Start-up of a real estate fund focused on a tourism-related portfolio of approximately € 200 MM and placement of the units to Institutional Investors among which Schroeder Bank. • Asset management of a portfolio of € 350 MM focused on the city of Rome. From April 2002 to December 2003 Director in Ernst & Young – Corporate Finance Real Estate Department, where I managed the start-up of the Rome office. From 1996 to 2002 I worked in the real estate and financial department for national and international companies among which Risorse per Roma S.p.A., EUR S.p.A. and Trizechann. ACADEMIC ACTIVITIES From 2008 Lecturer at LUISS Business School of Rome for Master in Real Estate Finance. Personal data treatment ex art. 13 Law Decree 196/03 permitted. 2