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
Standard Chartered boosts CRE team
11 December 2017 | Singapore | Reporter: Stephanie Palmer
Standard Chartered has named Steven Cranwell as global head of commercial real estate for its global banking business
SoftBank and Compass in ‘largest ever’ US real estate tech investment
08 December 2017 | New York | Reporter: Stephanie Palmer
Real estate technology firm Compass has won $450 million in investment from the SoftBank Vision Fund, in what Compass has called the largest ever real estate technology investment deal in US history
Tristan fund makes first foray into Germany
07 December 2017 | Bonn | Reporter: Stephanie Palmer
The CCP 5 long-life fund, a core-plus fund advised by Tristan Capital Partners, has made its first investment in Germany, acquiring an office complex in Bonn for €35 million
JLL develops UK corporate solutions team
07 December 2017 | London | Reporter: Stephanie Palmer
JLL has named Sue Asprey Price as lead director of its corporate solutions business in the UK, with immediate effect
Link Asset Services appointed as real estate fund administrator
06 December 2017 | London | Reporter: Stephanie Palmer
Warehouse REIT, a specialist warehouse investor managed by Tilstone Partners, has selected Link Asset Services for fund administration
Dutch portfolio sold for €200 million
05 December 2017 | Amsterdam | Reporter: Stephanie Palmer
Patrizia Immobilien AG has sold a portfolio of 61 residential properties in the Netherlands, for around €200 million
Allianz tops off bumper 2017 with Broadway acquisition
04 December 2017 | New York | Reporter: Stephanie Palmer
Allianz Real Estate has acquired a 43 percent stake in 1515 Broadway, New York, a class-A building valued at $1.95 billion