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Marta Cladera de Codina appointed Head of Iberia at TH Real Estate

Marta Cladera

TH Real Estate has promoted Marta Cladera de Codina to Head of Iberia, replacing Manuel Martin.

Marta joined TH Real Estate in 2013 and has worked closely with Manuel over that time. In particular, she was charged with managing the local assets in Spain and Portugal in addition to Brazil – a portfolio of over €1bn.

Marta has 14 years of experience in real estate investment and management. She graduated in Economics from Madrid’s Complutense University and went on to complete an MBA at the IE Business School.

Marta replaces Manuel, who will relocate to America to take on the role of Head of South East for the US and Latin America at TH Real Estate. Manuel will be based in Miami and will focus on strengthening the firm's third party business in these regions as well as oversee all regional operations including acquisitions, dispositions and asset management for the local equity and debt portfolio.

TH Real Estate’s Madrid office manages a portfolio valued at over 1 billion, comprised of five shopping centres in Spain (Centro Comercial Islazul and Centro Comercial Bulevar Getafe in Madrid, Centro Comercial Nervión Plaza in Seville and Centro Comercial L’Aljub in Elche), two retail parks also in Spain (Parque Miramar in Fuengirola and Parque Comercial Meixueiro in Vigo), a logistics platform in Madrid, a shopping centre in Portugal (Centro Comercial NorteShopping in Oporto) and a shopping centre in Brazil (JK Iguatemi).

Marta Cladera de Codina, Head of Iberia at TH Real Estate, said: 'Following a decade of deals in the region,  I expect we will continue to be very active players in Spain and Portugal.  Southern Europe is attracting global institutional investors seeking assets with long-term performance potential. I’m very pleased to lead an experienced team to source and manage investments and to carry on the great momentum we have had under Manuel’s leadership.'


Manuel Martín, Head of the South East region in the US and Latin America at TH Real Estate, said: 'This step means leaving behind what has been an extremely rewarding stage in my professional career, having contributed to the establishment and continued growth of our business in Spain and Portugal. I am looking forward to my new role immensely and to remaining in close contact with Marta and the team in Madrid as she further develops  the business in the region.'


Issued by Henderson Real Estate Asset Management Limited, 201 Bishopsgate, EC2M 3BN. Authorised and regulated by the Financial Conduct Authority. TH Real Estate is a name under which Henderson Real Estate Asset Management Limited provides investment products and services. The value of investments and any income will fluctuate (this may be partly be the result of exchange rate fluctuation) and investors may not get back the full amount invested. Where opinions have been expressed, they are based on current market conditions and are subject to change without notice.

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