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Top Management

Massimo Cremona

Chairman of YARD Group

Alessandro Pasquarelli

Chief Executive Officer of YARD Group

Paolo Perrella

Corporate Director of YARD Group

Stefano Scopigli

Chief Executive Officer of YARD CAM


Emanuele Bellani

Chief Operating Officer of YARD Group

Paolo Datti

Director of Strategy of YARD Group

Simone Bosi

Chief Operating Officer of YARD RE

Michele Arcelloni

Chief Operating Officer of YARD Adivsory



Chief Executive Officer – YARD Group


With more than 25 years’ experience in the real estate sector, Alessandro Pasquarelli has acquired an impressive track record in property investment, value enhancement and development transactions, which involved total investments of around € 2 billion.

Since June 2016, he has held the position of Chief Executive Officer and Partner of Innovation Real Estate S.p.A., a leading company in the real estate services sector and, from 2015 to 2016 he was the Chief Executive Officer and Chairman of IDeA Real Estate S.p.A., a subsidiary of DeA Capital Real Estate S.p.A..

From 2003 to 2015, he was the Chief Executive Officer of Euro Milano S.p.A., a company that developed and carried out large-scale renovation projects in Lombardy and Liguria, and from 2000 to 2004 he was the General Manager of the Consorzio Regionale delle Cooperative di Abitazione della Lombardia (Regional Consortium of Cooperative Housing of Lombardy), responsible for the coordination of 114 cooperatives with roughly 10,000 apartments and 500,000 square metres to be developed for housing.

He graduated in Business Economics from the Bocconi University of Milan and started his career in 1990 in economic research, specialising in SMEs.


Corporate Director – YARD Group


Paolo Perrella worked as an Equity Analyst for around 10 years, first in the RAS Finance department (Allianz Group) and then for ABN AMRO as a Member of the Pan-European Research Team in the Telecom sector.

After two years as Senior Manager at InterbancaEquity Capital Markets, he worked for Telecom Italia, first as Head of Investor Relations, then as Strategic Planning Manager, reporting to the CEO.

Lastly, since 2007, at De Agostini S.p.A. he has held the role of Head of Investor Relations, dealing with relations with investors and monitoring and control of some of the Group’s major financial investments.

Graduated in Business Economics from the Bocconi University, obtained the international Chartered Financial Analyst (CFA) certification in 2002.


Chief Executive Officer – YARD CAM 


Stefano Scopigli has built up a substantial track record in the field of advisory services and management of secured loans.

He founded YARD CAM in 2010, a leading company in the recovery and valuation of non-performing loans in the real estate sector, in which he also currently holds the role of Chief Executive Officer. He started to accumulate a wealth of knowledge at the end of the 1980s, which he has consolidated and enhanced considerably over the years, when he held the position of Advisor at SIB (Servizi Immobiliari Banche),

a qualified real estate advisory and loan management company, the first in Italy to launch NPL securitisation processes with collaterals, where he gained almost twenty years’ experience.

In 2004, he was the Manager of the Rome Branch of Pirelli Credit Servicing, one of the leading independent servicers in the management of NPLs and, after just two years, was appointed the Director of large corporate asset division.


Chief Operating Officer – YARD Group


Born into a Milanese industrial family, Emanuele Bellani co-founded REAAS S.p.A. in 2008, of which he is currently the General Manager. In 2014 follows the establishment of the English REAAS UK ltd, of which he is the Managing Director, and the subsequent opening of the Lisbon office in 2016.

With a strong technical background, he combines managerial and economic / financial skills, gained working with international private equity clients. Previously he worked for multinationals in the industrial / insurance sector with a leading role in real estate and environmental consulting in one of the main groups of the sector.

Certified member of RICS (Royal Institution of Chartered Surveyors), he is a component of the Board of RICS Italia (2016 – 2019).

Promoter of the company’s adhesion to the United Nations PRI “Principles for Responsible Investment (PRI)” program for responsible investment in the Private Equity sector.

Awarded the mention of “Excellence in Real Estate Award” during RE ITALY 2018 and “Best Talent Under 40 of the Real Estate Market” during RE ITALY 2016. In 2012 he also received on behalf of REAAS, the international award “Le Fonti” for the “Best Start Up Environmental Due Diligence Real Estate“.

He graduated in science at the University of Milan.


Director of Strategy – YARD Group


In 2008, Paolo Datti co-founded REAAS S.p.A. of which he is the Chairman and Chief Executive Officer.

He deals with the management of corporate organisation and finance, the implementation of business strategies and expansion, and supervision of core activities. With an economic /financial background, he founded the company with the aim of creating a dialogue between the financial world and the real estate sector, acquiring the skills of the outgoing management from specialised multinationals.

In 1998 he joined the consulting sector at Coopers&Lybrand (later PWC) as auditor and budget certifier in the financial sector, and then became a financial analyst at Eurco SpA-Piazza Affari SIM SpA, over the years taking on the role of Head of Planning and Organization, and resources’ management.

He graduated in Business Economics at Bocconi University with a specialisation in finance and markets.