Asentia was founded in 2010 by Inmobiliaria Colonial to manage its property and land development business. Colonial currently does not have a holding in Asentia.
As a requirement of its debt restructuring process, Colonial reduced its stake in the company to under 20% early in 2014 and progressively continued to lessen it, until it reached its present situation, in which it is entirely separate from Asentia.
Asentia today
Asentia is now an independent company. Its principal shareholders are:
Burlington Loan Management
a company belonging to Davidson Kempner Capital Management fund.
Crédit Agricole Corporate and Investment Bank
Castle 44
belonging to Brookfield Asset Management fund.
Coral Partners
belonging to Colony Capital fund.
Entero
belonging to ING Corporate Investment.
Its most well-known qualities are its extensive background in and knowledge of the real estate sector, an expert team of professionals and the efficient management systems it has implemented.
As its main differentiating factor, Asentia is quality-focused in all its development activities, together with a conception of projects in which people and meeting their needs takes precedence over the other elements of the value chain.
Important factors in its business philosophy also include designing buildings which contribute towards improving cities and their charm by creating pleasant spaces where sustainability and respect for the environment are essential elements.
In addition to its own assets, Asentia manages the following subsidiaries:
DUE 2009, a wholly-owned subsidiary, managing assets consisting of 4,000,000 m2 in surface area, located in Dos Hermanas (Seville).
Juan Ceñal González-Fierro
Managing Director and Chairman of the Board of Directors
Juan Ceñal began his career in 1979 at Constructora Internacional, S.A., initially as a site engineer and subsequently as the head of the Management Control department. Between 1988 and 1990, he served at Sindicato de Banqueros de Barcelona (Sindibank, S.A.). He joined Grupo Fosforera, S.A. as Financial Director in 1990. In 2001, Grupo Fosforera, S.A. changed its name to Grupo Inmocaral, S.A., merging in 2007 with Inmobiliaria Colonial. At the time of the merger, Juan Ceñal was the Managing Director of Inmocaral and following the merger he continued working as the Deputy to the CEO. In 2013, he began leading Asentia Project, becoming a member of the Board of Directors in February 2014.
He holds a degree in Road, Canal and Port Engineering (Civil Engineering) from the School of Civil Engineering of the Universidad Politécnica de Madrid. Postgraduate studies in Financial and Budgetary Control at the Instituto de Empresa business school.
Miguel Cordero Guerrero
Financial and Administration Director
Miguel Cordero began his career at JCB. He joined Riofisa in 2000 as the Chief Accountant and a member of the team managing the company's IPO in 2006. In 2010, he was appointed Financial Director of the Riofisa Group, where his duties included optimising its financial structure, defining and updating the most appropriate accounting policies, optimising taxation and coordinating the financial advisors that provide the group with services. He is also responsible for updating and maintaining its information systems. He has managed the bank debt refinancing for the company on several occasions in conjunction with senior management. In 2014, he joined the management team of Asentia, where he performs the same duties.
He holds a degree in Business Studies from the Universidad Complutense de Madrid.
Javier González Iglesias
Legal Director
Javier González joined Riofisa in 1993 as Manager of the Legal-Real Estate area, with responsibility for mortgage and financial transactions, the acquisition and sale of assets and property development. In 2008, he was appointed General Secretary, Legal Director and legal representative of the Riofisa Group, where he coordinated the team in all the legal areas (commercial/corporate, litigation, mortgage/ financial, fiscal, etc.) as well as shareholder relations. He also coordinates the services provided by external law firms that work with the company. In 2014, he went on to undertake the same responsibilities at Asentia Project, S.L.
He has a degree in Law from the Universidad Autónoma de Madrid and is a member of the Madrid Bar Association.
Luis Hernández Sánchez
Consultancy and Operations Coordinator
Luis Hernández started his career at Riofisa when he joined the Operations department in 1997. He went on to become, in succession, site manager, project leader, project manager and, finally, from 2005, head of the Business and Industrial area, with responsibility for all the group's business and industrial property development projects. In 2012, he also took on the role of asset manager for the Asset and Shopping Centre departments. In 2015, he took up the position of Consultancy and Operations Coordinator at Asentia Project, S.L.
He has a degree in Building Engineering from the Universidad Politécnica de Madrid.
Cristina Rubio Basabe
Urban Planning and Land Coordinator
Cristina Rubio began working at the ESAJUSA law firm in 1986, joining Riofisa's Legal-Real Estate Department in 1989. In 1995, she was appointed manager of the Urban Planning department and since then has pursued her career in control and urban development of over 100 property projects, consisting of commercial, industrial, tertiary and residential projects, and ranging from finding land and analysing its viability for urban planning, managing and executing planning, filing for permits and licences, negotiating planning agreements and coordinating management activities with the authorities until such time as the property assets become serviceable. In 2015, she went on to assume the same responsibilities at Asentia Project, S.L.
She has a degree in Law from the Universidad Complutense de Madrid and a Master's Degree in Urban Planning and the Environment from the Madrid Bar Association.
Our Headquarters
Asentia has three places of business, based in Madrid, Catalonia and Andalusia, and its headquarters are located in Madrid, the Spanish capital. At present, it boasts a workforce of 22 professionals. It has a matrix organisation structure, containing corporate city planning, legal, project development, commercial and asset management departments.
