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Mr. Clemente has over 20 years’ experience as a real estate professional. He has worked at

Garrigues, Bankers Trust REIB, DB Real Estate and RREEF, as Managing Director. Mr Clemente

has participated in transactions with an aggregate volume of approximately €5.0 billion across all

property sectors. These include the sale and leaseback of the Tree Portfolio, the largest real estate

transaction executed in Europe in 2009.

During his tenure at RREEF, he was responsible for a team managing an asset portfolio of more

than €3.0 billion, representing the full range of global funds advised by RREEF. This team also

raised seven investment vehicles, of which two are still active, representing approximately €500

million of equity on behalf of Spanish private clients and family offices.

Mr. Clemente holds superior degrees in Law and in Economics & Business Administration, with a

specialisation in Finance, from ICADE (E-3), is a lecturer of the MRE programme at IE Business

School and a member of the Spanish Council of the Urban Land Institute (ULI).

Mr. Ollero has over 13 years’ experience as a real estate professional. He has worked at Arthur

Andersen, FCC Construcción, Deutsche Bank M&A and RREEF, as Managing Director. During

his tenure at RREEF, he led the execution of real estate transactions with an aggregate value of

approximately €4.0 billion, ranging from Core to Opportunistic, as well as the subsequent asset

management of the resulting portfolios. He also played a key role in the structuring and equity

raising of five investment vehicles for the Iberian peninsula and Morocco, in cooperation with the

Private Wealth Management Division of Deutsche Bank.

Mr. Ollero holds superior degrees in Law and in Economics & Business Administration, with a

specialisation in Finance, from ICADE (E-3).

Mr. Brush has over 30 years’ experience as a real estate professional. He started his career at

Philadelphia National Bank in 1983 and moved to Bankers Trust (now part of Deutsche Bank) as a

Vice President in 1987. During his 20-year tenure at Bankers Trust/Deutsche Bank Real Estate, Mr.

Brush founded the Real Estate Opportunistic investing division, where he was a Global Head and

CIO of the business for 13 years.

During that time, he supervised the completion of over 150 transactions consisting of real

estate acquisitions, equity investments, corporate recapitalisations and distressed loan portfolio

acquisitions with an enterprise value in excess of $50.0 billion.

Most recently, Mr. Brush served as Managing Partner at Brookfield Property Group, responsible for

the firm’s real estate investing activities in Europe, where he closed the £500 million acquisition of

Gazeley, a pan-European logistics company (2012).

Mr. Brush holds a B.A. degree in Economics from the University of Pennsylvania and is a member

of several real estate professional organisations.

Mr. Ismael Clemente, Executive Chairman and Chief Executive Officer (CEO)

Mr. Miguel Ollero, Chief Operating Officer (COO) and Chief Financial Officer (CFO)

Mr. David Brush, Chief Investment Officer (CIO)