29 January 2015 – Real Estate Press
Arcano, an independent financial advisory firm, has hired Eduardo Fernández Cuesta (pictured above) as a new partner of the Group, as it aims to fully launch itself into the real estate market showing clear signs of recovery.
Fernández Cuesta will lead Arcano’s commitment to the real estate sector, as it looks to create investment vehicles and launches a dedicated corporate finance team for the real estate sector. The division will offer advisory services for corporate transactions in the sector, company mergers and acquisitions, the restructuring of corporate debt and company valuations, amongst others.
Eduardo Fernández Cuesta has extensive experience in the Spanish real estate sector, having worked for 25 years at CBRE, where he was Chairman from 1998 to 2013. Since 2013, he has also served as the Chairman of the Royal Institution of Chartered Surveyors (RICS).
In October last year, Fernández Cuesta was appointed as an independent director of Aena, a profile that fits perfectly with the real estate initiative that the company intends to carry out (……).
Eduard Fernández Cuesta will become the 13th partner of the group led by Álvara de Remedios, Chairman and Jaime Carvajal, CEO. He said:
“I take on this professional challenge with enormous enthusiasm and confidence. Arcano Real Estate offers a great competitive advantage to the real estate sector in Spain, thanks to our team of professionals, the strong reputation that the firm has in the market, and the extensive knowledge that we have about the sector and its main players”.
Arcano, founded in 2003, is an independent financial advisory and asset management company. It has three main business areas: investment banking, wealth management and alternative asset management. It employs a workforce of almost 80 people in its offices in Madrid, Barcelona and New York, and since its creation has become one of the most important independent firms in the Spanish financial sector.
Original story: Real Estate Press
Translation: Carmel Drake