DILIGENCE,
INNOVATION,
AND RETURNS TO INVESTORS
DILIGENCE, INNOVATION, AND RETURNS TO INVESTORS
Acquisition, transformation, value add, and sale of urban real estate in Spain.
Managed according to ESG standards
Who we are
Boutique investment management firm focused on key urbanistic and touristic locations in the Spanish Real Estate Market.
Fully integrated business model, combining active asset management, development, and operational capabilities.
360 degree approach to investing, from sourcing and acquisition of assets, to transformation, operation and eventual disposal.
On-the-ground, highly connected managed team with access to a vast local network of brokers, banks, and advisors.
Our mission
Creation of long-term value through the acquisition, transformation, enhancement and sale of Urban assets.
Optimization of social & financial returns to investors, through industry-leading ESG practices.
Satisfaction of our tenants and creation of long-term value in the communities we serve.
OUR VALUES
- Excellence
- Transparency
- Value-add
- Continuous Improvement
- Sustainability
OUR TEAM
Local, in the field team, taking a hands-on approach to asset and property management.
Senior professionals with extensive experience in Spanish real estate, financial structuring, sub- market dynamics, and all facets of the real estate cycle.
- 15+ years experience in finance and real estate.
- Wall Street experience in hedge funds such as Autonomy Capital, Laurion Capital, and Bridgewater Associates.
- Masters Degree in Management & Computer Science from Stanford.
- Founder of hospitality operator, Urban Stays.
- 20+ years experience in real estate and asset management.
Experienced executive in areas such as capital management, construction management, built-to- rent, and built-to-sell. - Graduate of UPC and IESE Business School, with an academic background in business, engineering, architecture and construction.
- 15+ years experience in corporate finance.
- Expert in functions such as Financial Planning & Analysis, Management Control Systems, Budgeting, Forecasting, Cash Flow Analysis, Economic Viability, and Financing.
- Post graduate, PPD, from IESE Business School.
- MBA from Nebrija University in Madrid.
- 30+ years experienced appraiser, architect, and building engineer.
- Executive Director in the refurbishment of Alcazar de los Reyes Católicos and Bailio Palace in Córdoba, Spain.
- His expertise has guided us on the change of use and transformation of 12+ assets to residential assets.
- For every asset we study, he oversees a complex technical study, detailing the costs and benefits of each potential asset use, as well as how to optimize surface area while complying with building code.
- 25+ years expertise in Banking & Finance Expertise in developing and building high value clients in the asset manager and hedge fund space.
- Extensive experience and proficiency in foriegn exchange, derivativess, Emerging Markets, Structured Risk Solutions, Cross Asset.
- 20+ year Wall Street banking career.
- Expertise in Structured Credit, Middle Market Lending, Private Equity, Distress Debt, Derivatives, Fixed Income Trading, and Emerging Markets.
MITRA GHAMSARI
Founder & Chief Executive Officer
FERNANDO DE DIEGO
Chief Operating Officer
FRANCISCO SAENZ
Chief Financial Officer
ANTONIO SALAMANCA
Projects & Technical Director
ROBERT COX
Investor Relations
MARCELO BERENSTEIN
Investment Strategy & Capital Markets
MITRA GHAMSARI
Founder & Chief Executive Officer
FERNANDO DE DIEGO
Chief Operating Officer
FRANCISCO SAENZ
Chief Financial Officer
ANTONIO SALAMANCA
Projects & Technical Director
ROBERT COX
Investor Relations
MARCELO BERENSTEIN
Investment Strategy & Capital Markets
Persepolis Investments
SOCIMI
VALUE: €60 million
TARGET IRR: 15%-20%
PLANNED PORTFOLIO PROJECT: €90 million
REVOLIS
TARGET GAV: €100 million
TARGET IRR: 18-20%
PLANNED PORTFOLIO PROJECT: €220 million
MAHNAZ
TARGET GAV: €100 million
TARGET IRR: 15%
PLANNED PORTFOLIO PROJECT: €220 million
Spain and Balearic Islands Hotel Fund
The fund will seek to acquire distressed hotels in Costa del Sol and the Balearic Islands with value-add potential, and transform them into income generating assets.
SOCIMI
Publicly traded and focused on the acquisition, transformation, and sale of touristic apartments in major Spanish cities. Founded in 2014, currently in divestment.
VALUE: €60 million
TARGET IRR: 15%-20%
PLANNED PORTFOLIO PROJECT: €90 million
REVOLIS
Joint venture, co-investment fund between UK based Revcap and Persepolis’ Mahnaz. It is focused on the residential sector in Madrid and Barcelona.
TARGET GAV: €100 million
TARGET IRR: 18-20%
PLANNED PORTFOLIO PROJECT: €220 million
MAHNAZ
Private, multistrategy fund that includes traditional residential, hotels, touristic apartments, and luxury residential. The fund focuses on the acquisition, transformation, value add, and sale of urban real estate in Spain. Founded in July 2021.
TARGET GAV: €100 million
TARGET IRR: 15%
PLANNED PORTFOLIO PROJECT: €220 million
Southern Spain and Balearic Islands Hotel Fund
The fund will seek to acquire distressed hotels in Costa del Sol and the Balearic Islands with value-add potential, and transform them into income generating assets.
Persepolis IN NUMBERS
Established in 2014, Persepolis Investments has successfully raised €200 million of equity across all three funds, with a planned portfolio project valued at €530 million.
Persepolis has an in-house property management partnership with operator Urban Stays.
- 1. Málaga: 30 Touristic Apartments
- 2. Granada: 44 Residential Apartments
- 3. Valencia: 25 Touristic Apartments
- 4. Madrid: 100 Touristic Apartments / 36 Residential Apartments
- 5. Barcelona: 40 Touristic Apartments
Málaga: 30 Touristic Apartments
Granada: 44 Residential Apartments
Valencia: 25 Touristic Apartments
Madrid: 100 Touristic Apartments / 36 Residential Apartments
Barcelona: 40 Touristic Apartments
16
Total buildings
CONTACT
Headquarters
- Calle Sagasta 12, 6ª planta, 28004 Madrid
Calle Sagasta 12, 6ª planta, 28004 Madrid
