06 February 2017
Madrid
Reporter: Stephanie Palmer

Barings develops Spanish team


Barings has appointed Carlos de Oya as director for asset management in Spain, as part of an ongoing expansion of its European operations.

De Oya joins from REDEVCO, where he was an investment manager. In his new role, he will be responsible for identifying new investment opportunities and delivering asset management projects in the Iberia area.

Barings has had a presence in Spain since it opened its Madrid office in late 2015. It made its first acquisition in the Spanish market in July 2016, with the purchase of a prime retail property in Madrid.

In his new role, de Oya will report to Adolfo Favieres, country head of Spain.

Favieres said: “At a time when the Spanish economy is making a strong cyclical recovery, expanding faster than the rest of the eurozone, we are looking to take advantage of less obvious opportunities within the market.”

“De Oya has a proven track record spanning two decades in Spanish real estate, so we are excited to start working with him as we continue to grow our operations and strengthen our team in Madrid.”

Charles Weeks, head of real estate in Europe at Barings, said: “As we further build out our European platform we see Spain as an important country in the Barings portfolio. Carlos de Oya will help to strengthen our existing Spanish assets and identify additional growth potential within the region, advancing Barings’s position as a key market player within Spain.”

More news
The latest news from Real Estate Investment Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Macquarie-Canada joint venture to take over Land Services Group
18 August 2017 | Adelaide | Reporter: Katherine Brown
Land Services Group has been selected as the preferred bidder for the commercialisation of the South Australian Land Services Group
PERE deals slow in post-Brexit UK
18 August 2017 | London | Reporter: Jenna Lomax
The volume of private equity real estate (PERE) acquisitions in the last twelve months fell by a third following the Brexit referendum, according to intelligence provider Preqin
Aviva welcomes associate director duo
18 August 2017 | London | Reporter: Katherine Brown
Aviva Investors has hired Katie Brown and Chris Wilkinson as asset managers to its real estate team
Capital-rich South Korea lacks real estate supply
18 August 2017 | Seoul | Reporter: Mark Dugdale
South Korea is unable to support the weight of money that its investors have to spend, according to Callum Young of Savills
London pension fund strengthens board
17 August 2017 | London | Reporter: Theo Andrew
The London Pension Fund Authority (LPFA) has appointed Nigel Topping and Barbara Weber to its trustee board, effective immediately
Greystar appoints Jeff Manno to lead Growth Fund
17 August 2017 | Charleston | Reporter: Theo Andrew
Reporting to Chris MacNaughton, Greystar’s head of portfolio management platform, Manno will relocate from London to Charleston, South Carolina
LaSalle shoots for $1 billion Asian real estate fund
17 August 2017 | Chicago | Reporter: Theo Andrew
In its fifth and latest close, LAO V secured $335 million of commitments, meaning the fund is well in line to exceed its initial target of $750 million