Reddy’s Group is a Milan based Italian real estate consultancy that specializes in valuations, due diligence, property management, development advice and appraisal. The company’s main clients are banks, property developers, and investment funds.

However Reddy’s Group will provide advice to any company or individual interested in property development or acquisition in Italy.

In order to ensure and maintain high standards of service and professionalism, Reddy’s group’s founder, Alberto M. Lunghini, pays close attention to the British real estate association – the Royal Institution of Chartered Surveyors and is also an active member of the RICS in Italy. Indeed, to help promote standardisation and consistency in the Italian real estate market, Mr Lunghini is also the founder member of an Italian association, AICI, that is an Italian equivalent of the United Kingdom’s RICS.

Many of Reddy’s Group staff are specialists in their own fields and are able to offer advice based on their experience and, more importantly, extensive local knowledge. Being part of the Italian real estate network enables them to provide their clients with an accurate insight into the Italian market. Reddy’s is actively involved in seeking new ways to exploit the wide range of opportunities the Italian property market presents. Currently, this potential is not being fully realised, due, in part, to high levels of bureaucracy which exist in Italy. While all the red tape can be negotiated, the staff and services of Reddy’s can help both smooth out and speed up progress along what is a potentially rough and tortuous road. Additionally, Reddy’s Group is actively attempting to align Italian real estate practice to those that exist in other European countries and at international level. The aim being, ultimately, to allow to the Italian property market to flow as smoothly as possible, so that it becomes as straightforward to do real estate business in Italy as it is in countries such as the United Kingdom and in the United States.

In fact, those who are interested in venturing into the Italian property market will be pleased to hear that Reddy’s is able to meet the demands of international clients, and many of Reddy’s professional staff speak English. Indeed, Alberto M. Lunghini, the company chief, speaks excellent English, which means that he and his staff are capable of explaining the more complex aspects of Italian property laws and regulations, including, for example, the intricacies of Italian planning legislation. The provision of clear, concrete advice means that crucial decisions can be taken more quickly, and this leads, in turn to the loss of fewer opportunities.

Although Reddy’s provides a full range of support to those considering the purchase or sale of property assets in Italy, it should be pointed out that the Group, due to Italian legislative restrictions, is unable to provide agency services and therefore cannot directly sell and acquire property.

If you are looking for a company with a high degree professionalism and with comprehensive knowledge of the Italian real estate market and maybe you are considering a medium to large scale development, acquisition, or require an accurate valuation, then Reddy’s group should be one of your first ports of call.