Eurocommercial has announced the appointment of Roberto Fraticelli as director of the Italian operations. Roberto Fraticelli will succeed Tim Santini who will leave the company at the end of June. Tim has been of major importance to Eurocommercial over the last 21 years, particularly in Italy where he has been responsible for the company's first class portfolio of shopping centers and a highly-rated team of people to manage them. Roberto Fraticelli joined Eurocommercial in 1998 and has played a significant role in the acquisition of the majority of the Italian assets and in structuring their funding. He will be based in Milan where the company has a team of 30 people responsible for its 12 shopping centers.