RELEASE: Ruth Iglesias, new Commercial Director of the Gestilar group

(Information sent by the signatory company).

RELEASE: Ruth Iglesias, new Commercial Director of the Gestilar group

(Information sent by the signatory company)

· Gestilar has incorporated new business areas beyond promotion with the recent incorporation of Homes by Gestilar -a proptech for the purchase, renovation and sale of already built homes-; and Cooper by Gestilar, a brand that manages housing cooperatives.

· Ruth Iglesias brings multidisciplinary real estate experience to the group, acquired over more than 20 years, in fields such as new construction development, national and international real estate consultancy or the rental segment.

· In addition to a deep knowledge of business strategy and market positioning, Ruth has been responsible for the areas of marketing, customer service or after-sales in real estate companies and first-rate developers.

· The signing of Ruth Iglesias and her 360 vision of the market complete Gestilar's strategy of configuring itself as a group of real estate companies that has opened up to new business areas.

Madrid, April 18, 2023.- Gestilar, the real estate group chaired by Javier García-Valcárcel strengthens its strategy of opening up to new market segments with the appointment of Ruth Iglesias as the new Commercial Director of the Gestilar group.

Founded in 2009, Gestilar has a long history in the development sector endorsed by more than 6,000 homes designed and promoted to date, being considered one of the largest in our country and recognized for its corporate identity, where quality, both its locations and its architecture, the interior design of its homes and the excellent attention to detail.

Opening to new business segments

Gestilar currently has ten projects underway, with close to 2,000 homes under construction and land to promote another 1,500 homes. In addition to the Build to Sell (BTS) promotion, its core business, it expressed its desire to continue growing by opening up to the direct promotion of new construction projects for rent (Build to Rent or BTR). Additionally, the company has gradually incorporated new business branches until it became the group of real estate companies that it is today. Specifically, in September 2022 it presented Cooper by Gestilar, a new brand whose business is based on the management of residential projects under a cooperative regime. A month later, in October 2022, Homes by Gestilar was presented, a proptech whose business consists of buying, renovating and selling homes already built with a very powerful technological component that supports the entire operation.

Such a business strategy must be accompanied by internal changes to adapt the structure to the new reality of the group.

The multidisciplinary profile of Ruth Iglesias, in addition to in-depth knowledge in the commercial and sales area, is completed with a comprehensive vision of the real estate sector thanks to the fact that, in her more than 20 years of professional career, she has developed positions of responsibility in other fields such as marketing, customer service or after-sales, having also collaborated in attracting promotions, land and project feasibility studies.

More than 20 years of sales experience

Ruth brings to the group a deep commercial knowledge developed in different business areas such as real estate development, with more than 20 years of experience behind her in this field, residential rental or consulting.

He began his career in the real estate sector in consultancies such as Knight Frank or CBRE, in the latter, in addition to being responsible for the entire commercial strategy, marketing, customer service and post-sales promotions, he created a new line of international business for the sale of homes in Florida for Spanish investors.

At Sacyr Vallehermoso, she was sales director, being responsible for 253 promotions nationwide, which led her to implement her own sales network. At Acciona, she managed the rental and management of more than 1,600 homes, once again implementing an adhoc commercial network. Later, as Commercial Manager of the Central Delegation, in addition to being responsible for the commercial strategy, marketing, customer service and after-sales of all the promotions of the delegation, she also participated in the management and study of land purchases.

In recent years, Ruth has been in charge of the Commercial Department, at Savills Aguirre Newman and, later, at the developer Kronos Homes, being responsible for the commercial, marketing, customer service and after-sales teams for Spain and Portugal.

Raúl Guerrero, Managing Director of Gestilar, affirms that "Ruth's extensive commercial experience and her transversal vision of the market fit perfectly with the current objectives and needs of a group like Gestilar that is diversifying the business, opening up to new real estate segments ".

For her part, Ruth assures "I am very excited about this new stage that I am beginning at Gestilar. I am joining the company at a time of growth in which, as Commercial Director of the group, I am joining the challenge of exporting to new business areas the exclusive concept of housing and the elaborate hallmark that Gestilar has been implanting in real estate development for years".

About Gestilar

GESTILAR is a group of companies founded in 2009 based on a deep knowledge of the real estate development of new construction homes. This being its core business, Gestilar's wide range of real estate services also includes the Build To Rent (BTR) development, development under the cooperative model with Cooper by Gestilar and a proptech, whose business consists of buying, renovating and selling homes. already built called Homes by Gestilar. Additionally, in 2019 he created his own construction firm.

Gestilar develops its homes under the premises of sustainability, design, quality, customization and innovation. This is how he defines a final product located in the most exceptional locations, where special attention is paid to details and execution, achieving the highest quality as evidenced by the more than 6,000 homes designed and delivered that guarantee his career. They have offices in Madrid, Galicia, Catalonia, Andalusia, the Balearic Islands and Lisbon. www.gestilar.com

demonstrate the more than 6,000 homes projected and delivered that support his career. They have offices in Madrid, Galicia, Catalonia, Andalusia, the Balearic Islands and Lisbon. www.gestilar.com

Elena Valero

eve@gestilar.com

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