Haya Real Estate appoints Juan Lostao as the manager of its new Commercial Properties and Real Estate Development department

• Reporting directly to the Chief Executive, he will be responsible for the coordination of the various commercial properties teams, as well as the Land Management and Real Estate Development Department.
• The start-up of this Department will respond to the increasing interest of the investors in this type of product.
• Lostao will maintain his responsibility as director of Haya Titulización (Securitization).

Haya Real Estate, company specialized in the provision of financial and real estate assets management services for financial entities and institutional funds, has appointed Juan Lostao as the manager of its new Commercial Properties and Real Estate Development department.

Reporting directly to the Chief Executive, Carlos Abad, Lostao will lead and coordinate the management of the commercial properties integrated into the portfolios of Bankia, BBVA, Cajamar, Liberbank, Sareb and other institutional portfolios under the management of the entity. In addition, he will be responsible for the company's Land Management and Real Estate Development Department.

In particular, the Department led by Lostao will coordinate the commercial strategy for the commercial properties, which include ships, premises, complete residential projects and offices, among others, and the real estate or urban development of the assets that Haya manages for its customers.

Currently, there is an increasing interest in commercial properties, mainly among large institutional investors and international funds, but also among private investors, listed real estate investment corporations (SOCIMIs) and family offices. In this context, Haya has made the strategic decision to integrate both areas under the same management with the aim of promoting the marketing of commercial properties through the real estate or urban planning development of the assets under management.

Juan Lostao will combine the management of Commercial Properties and Real Estate Development with his office as Director in Haya Titulización, which he has held since 2016, after performing other responsibilities within the company, like Key Account Manager of Cajamar and Haya Property Management.

Agricultural Engineer and MBA from IESE, Lostao has accumulated extensive experience related to the management of real estate assets and the financial sector. After his time at Pastoral Bank, Lostao worked for more than 14 years in Cajamar, where he held the office of territorial manager and branches manager. Among his functions in the territorial management, we could highlight his active work in the implementation of the network of offices of said entity in the Region of Madrid, coordinating the human team assigned to it and directly managing the portfolio of large clients. As the branches manager he was directly responsible for the management of the business and the network of offices at the national level. Finally, before coming to Haya RE in 2014, it was the General Manager of Cimenta2, the company of the Cajamar Group responsible for the management of its real estate assets.