The Board of Directors of Castellana Properties appoints two new directors

The Board of Directors of Castellana Properties appoints two new directors

Castellana Properties, investment vehicle in the Spanish real estate market, focused on the acquisition, management, and refurbishment of urban retail real estate assets for rent, has approved today in the General Shareholders Meeting the incorporation of Guillermo Massó and Jorge Morán to the Board of Directors. These appointments aim at strengthening Castellana Properties’ Board of Directors in advance to coming challenges to pursue the business growth strategy.

Jorge Morán, with 26 years of experience in the financial industry, is currently the CEO of Sovereign Bank. He was the former CEO of Santander Group United States from 2010 to 2013. Now, he is also a member of the Santander Global Management Group. Before joining Santander, Mr. Moran was CEO of Morgan Stanley for Spain & Portugal. Previously, he has been on the advisory board of Columbia University’s School of International & Public Affairs (NY). Mr. Moran holds a degree in Economics and Business Administration from ICADE (Madrid) and an Honorary Doctorate of Commercial Science from Bentley University (MA).

Guillermo Masso is currently a director of DentixHealth Corporation, senior Advisor-Partner of G & MS Corporate, and a Senior Advisor-Partner of PwC. Mr Masso is a professional with more than 34 years of professional experience in consulting and operations in Spain, Europe and Latin America. For 21 years he has been a partner of PricewaterhouseCoopers Corporate Finance. He has wide experience in Mergers and Acquisitions, Financing, Structuring public projects/Private and Business Consulting and Strategy, with specialization in Real Estate and Infrastructure-related sectors. He has acted as Corporate Restructuring Advisor, Independent Restructuring Plan monitoring and advisor to various boards across Spain. Mr. Masso holds a Degree in Economics and Business Administration and is a Jury Account Creditor and member of the Official Register of Accounts Auditors of Spain (ROAC).

 

About Castellana Properties:

Castellana Properties Socimi is an investment vehicle in the Spanish real estate market, focused on the acquisition, ownership and refurbishment of retail real estate assets for rent. The company, founded in 2016 under the Spanish legal framework for REITs, is a subsidiary of South African REIT Vukile Property Fund.

The company owns 14 assets in Spain: C.C. Habaneras (Alicante), Parque Oeste (Alcorcón); Parque Principado (Asturias); Mejostilla (Cáceres); La Heredad (Mérida); La Serena (Villanueva de la Serena); C.C. Motril (Granada); Kinépolis RP(Granada); Ciudad del Transporte (Castellón); Marismas del Polvorín (Huelva); Alameda S.C. (Granada) ; Pinatar Park (Murcia). The company also owns two office buildings, one in Madrid and the other one in Seville.

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