(MADRID) – Hines, the international real estate firm, announced today that it has appointed Vanessa Gelado as its new country head of Spain, where she will be responsible for all of the firm’s in-country activities including deal execution and management for acquisitions, new developments, dispositions and fee services spanning all sectors of real estate. She was most recently investment director in Madrid at Neinver, a Pan European property company focused on retail and logistics.
Gelado began her career in investment banking with Morgan Stanley in London and Madrid, then gained more than a decade of real estate experience at firms, including Tishman Speyer in London, Drago Capital in Madrid, and Neinver. She is a graduate of ICADE (Universidad Pontificia de Comillas) and earned her Master of Business Administration from Columbia Business School in New York. She is a professor of Real Estate Products in the Master in Real Estate Development (MRED) at Madrid’s IE School of Architecture and Design and is a member of the Urban Land Institute and Women in Real Estate Spain (WIRES.)
“We are delighted to have Vanessa join in this leadership role” says Hines’ European Region CEO Lars Huber. “She is well-respected in the Spanish real estate market and will add great firepower and leadership to our already strong in-country team. We made our mark in Spain with signature projects in Barcelona and Madrid and I am excited to see where Vanessa will take us. We are a long-term player in Spain with the goal of adding value to investors and to the communities in which we operate.”
“I am thrilled to join Hines, a company with a remarkable, global track record in investment management and development and a strong entrepreneurial mindset. I look forward to building our business in Spain, where the company has been active for more than 20 years,” said Gelado.
Hines Spain redefined the city of Barcelona in the 1990s with its major, mixed-use, city-defining project in Diagonal Mar. In Madrid and other key markets across Spain, Hines continues to develop, redevelop, manage and look to acquire projects in multiple sectors. Established in 1996, Hines Spain currently has $566M in assets under management.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 214 cities in 24 countries. Hines has approximately $120.6 billion of assets under management, including $66.5 billion for which Hines provides fiduciary investment management services, and $54.1 billion for which Hines provides third-party property-level services. The firm has 128 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,348 properties, totaling over 444 million square feet. The firm’s current property and asset management portfolio includes 512 properties, representing over 223 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world.
Since entering Europe in 1991, Hines has grown its European platform to include a presence in 55 cities in 13 countries and Hines currently has €16.7 billion of assets under management in Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Poland, Spain and the United Kingdom.
Visit www.hines.com for more information.