Maddalena Panu

Maddalena has worked in commercial real estate research since 1997. In addition to carrying out feasibility studies, she develops positioning studies, analysis of development plans, customer surveys, management audits and commercial due diligence.

Maddalena graduated in business and economics at the Luigi Bocconi University of Milan, she started her career in Larry Smith's research department and then took on her current role as head of research in 2001. Maddalena advises all the major stakeholders in the Italian retail market such as developers, investors and retailers as well as managing a team of three analysts. Maddalena also chairs the "National Council of Shopping Centers" research commission which produces sector benchmarks on the Italian market and is part of the "European Research Group" within the ICC (International Council of shopping centers).


Research Department

Direct Number

+39 02 632814214


Milan - Commercial

Office Number

+39 02 632 8141


  • Degree in Business Administration 


  • Morgan Stanley
  • Carmila
  • Sieci
  • Generali real estate
  • Coima SGR
  • Reale immobili
  • Immofinanz
  • Lendlease group

Key Services