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Annual Report 2015

Mr. Gracia has over 16 years’ experience as a real estate professional. He has worked as CFO at

Bami, as CFO at Metrovacesa, the Spanish listed company focused on commercial real estate, with

€4.5 billion of assets under management and 150 employees, as head of business development at

Gecina, the French listed company, with €11.0 million of assets under management, and as CEO of

Silcoge, a private Portuguese company, with €400 million of assets under management.

Mr. Gracia holds a superior degree in Business Administration from the University of Alcalá, CEFA,

and Senior management program, PADE, from IESE Business School.

Mr. García Casas has over 14 years’ experience as a real estate professional. He has worked at GE

Real Estate, taking responsibility over the underwriting, risk management and asset management

departments as risk manager of the portfolio, asset manager and responsible for acquisitions

underwriting. Mr. Garcia Casas was involved in relevant acquisitions such as Landscape, Cortefiel,

El Arbol and as Managing Director for Tree Inversiones, being in charge of the day to day

management of the rented portfolio to BBVA since 2010

Mr. Garcia Casas holds a superior degree in Business Administration from the University Carlos III.

Mr. Enrique Gracia, Asset Management

Mr. Manuel García Casas, Asset Management