Newmark Hires Luca De Ambrosis Ortigara To Support Its Growing Global Luxury Retail Advisory

December 12, 2024 9:00 AM

In a landmark appointment, Newmark has welcomed the highly regarded property expert, Luca de Ambrosis Ortigara, as a consultant to its growing luxury and premium retail team.

Luca's arrival marks a pivotal step for Newmark as it continues to strengthen its presence in the global retail property market.

With over 35 years of experience in commercial real estate, Luca is recognised as a leading pioneer of modern retail across Europe and on the international stage. He brings with him to Newmark a wealth of experience in retail with strong connections to leading developers, retail operators and brands including many iconic Italian fashion houses.

Newmark has supported businesses with their retail strategy, including premium and luxury brands, for more than 30 years in the UK, Europe and around the globe. This includes Polo Ralph Lauren, Burberry, Richemont, Watches of Switzerland, Swarovski and Paul Smith, as well as several LVMH brands including Louis Vuitton and Tiffany & Co. Newmark continues to grow its support for luxury brands with Luca's appointment a key milestone.

Luca founded DEA Real Estate Advisors in Milan in 2003, where he played a critical role in the development of groundbreaking urban projects such as Porta Nuova and CityLife, both of which have redefined Milan's cityscape.

Luca was also previously Partner and Managing Director of McArthurGlen, where he oversaw the development of Italy's first luxury outlet centres (Serravalle, Barberino, Castel Romano and Noventa).

Speaking on Luca's appointment, Andrew Bathurst, Executive Managing Director, said;

"Luca is an exceptional operator within retail and is a renowned name in our sector. His experience speaks for itself holding senior roles at the likes of Cushman & Wakefield, Value Retail and McArthur Glen. He is extraordinarily well-connected in the luxury and premium world of retail and we are very excited about the chance to leverage his connections on the global stage within our international tenant representation based business."

Talking about his new role with Newmark, Luca said;

"I am honoured to become part of Newmark at such a pivotal time. The company's commitment to innovation and its impressive portfolio of global clients align perfectly with my passion for driving growth and creating transformative retail experiences. With the sector evolving rapidly, I am excited to bring my expertise as Newmark continues to strengthen its position as a global leader.

"This is an exciting new chapter in my career and I am eager to play a part in shaping the next phase for Newmark and to collaborate with such a dynamic and forward-thinking team."

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2024, Newmark generated revenues of approximately $2.6 billion. As of that same date, Newmark's company-owned offices, together with its business partners, operated from nearly 170 offices with more than 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.