Management Team

Ismael Clemente, Chief Executive Officer (CEO)

Ismael Clemente has experience as a real estate professional since 1998

Prior to joining MERLIN, he worked at Garrigues, Bankers Trust REIB, DB Real Estate and RREEF, as Ge, having participated in transactions with a total volume of approximately 5,000 million euros in all types of real estate assets. These include the sale and leaseback of the Tree portfolio, the largest real estate transaction in Europe in 2009

Ismael is member of MERLIN’s management team since its foundation

He holds superior degrees in Law and in Economics & Business Administration, with a specialisation in Finance, from ICADE (E-3) and is member of the Spanish Council of the Urban Land Institute (ULI)

Miguel Ollero, Corporate General Manager (COO)

Miguel Ollero has experience as a real estate professional since 2005

Prior to joining MERLIN, he worked at Arthur Andersen, FCC Construcción, Deutsche Bank M&A and RREEF, as General Director having been involved in transactions with an aggregate value of approximately 4 billion €, from Core to Opportunity investments, and the subsequent management of the acquired assets

Miguel is member of MERLIN’s management team since its foundation

He holds superior degrees in Law and in Economics & Business Administration, with a specialisation in Finance, from ICADE (E-3)

Francisco Rivas, Director

Francisco Rivas has experience as a real estate professional since 2004

Prior to MERLIN Properties, he worked at GE Capital Real Estate and Deutsche Bank/RREEF, participating in Core, Value Added and Opportunity investments in Spain, Portugal and Morocco in all types of real estate assets

Francisco is member of MERLIN’s management team since its foundation

He holds a degree in Law and Business Administration with a specialization in Finance from ICADE (E-3)

Luis Lázaro, Director

Luis Lázaro has experience as a real estate professional since 2000

Prior to joining MERLIN, he worked at General Electric, ING Real Estate and RREEF, as a Director with financial, business development and management responsibilities, being in charge of Core/Core+ real estate investments in Spain and Portugal in various asset classes, including shopping centers, offices, hotels and logistics warehouses

Luis is member of MERLIN’s management team since its foundation

He holds a degree in Business Administration from the Universidad Complutense de Madrid and a PDG from IESE of the University of Navarra

Miguel Oñate, Director

Miguel Oñate has experience as a real estate professional since 1994

Prior to joining MERLIN, he worked at Arthur Andersen and Garrigues as a legal advisor in various sectors, including real estate in all types of assets. Also, he was General Director of Grupo Marina, where he was responsible for the development of residential and tourist developments

Miguel is member of MERLIN’s management team since its foundation

He holds a degree in Law and Business Administration from ICADE (E-3)

Fernando Ramírez, Director

Fernando Ramírez has experience as a real estate professional since 2000

Prior to joining MERLIN, he worked at KPMG, Ahorro Corporación Desarrollo y RREEF, as Vice President, having participated in both corporate and investment transactions in all types of real estate assets

Fernando is member of MERLIN’s management team since its fundation

He holds a degree in Law and Business Administration with a specialisation in Finance from ICADE (E-3) and an MBA from the Institute of Advanced Finance

Inés Arellano, Director

Inés Arellano has experience as a real estate professional since 2004

Prior to joining MERLIN in 2015 as a member of the management team, she worked as a Director at Morgan Stanley Investment Banking and Real Estate Private Equity where she participated in IPOs, M&A transactions, Value Added and Opportunity investments in Spain, Portugal, France and Morocco across all types of real estate assets

She holds a degree in Business Administration and Management with a specialization in Finance and Management, from the Universidad Comercial de Deusto

Manuel García Casas, Director

Manuel García Casas has experience as a real estate professional since 2000

Prior to joining MERLIN, he worked at GE Real Estate in Paris and Madrid, where he held relevant positions in the M&A, risk management and asset management departments in several countries as Spain, Sweden, Italy and Poland

Manuel is member of MERLIN’s management team since its foundation

He holds a degree in Business Administration and Management (bilingual group) from Universidad Carlos III, having completed a year at Trinity College in Dublin, Ireland

Fernando Ferrero, Director

Fernando Ferrero has experience as a real estate professional since 1998

Prior to joining MERLIN in 2019 as a member of the management team, he worked at El Encinar del Norte, Gmp, Sociedad Azucarera Larios, (Salsa Inmobiliaria) and Infinorsa, as Director with financial and management responsibilities, mainly office buildings and other asset types

He holds a degree in Veterinary Medicine from the University of Zaragoza and an MBA from the Instituto de Empresa (IE)

José Navarro, Director

José Navarro has experience as a real estate professional since 1997

Prior to joining MERLIN in 2022 as a member of the management team, he worked in investments at CBRE, British Land for Iberia and Savills as General Director, having been involved in investment transactions in all asset classes

He holds a degree in Business Administration and Management from the College of Financial Studies (C.U.N.E.F) and an MBA from ESADE Barcelona