rudely, Those who run the companies with the most assets under their management get the best salary. These are the two major socimis found in Ibex-35, Merlin Properties and Colonial. Behind it, the promoters are the ones who best reward their management team.
Merlin Estates and Colonial
CEO of Merlin Properties, Ismael Clemente received compensation of 2.67 million euros; Slightly higher than that of Miguel Ollero, head of operations of the Ibex-35 company, which received 2.26 million. The real estate company’s salary for the management team has been drastically reduced last year compared to 2021. However, they received the deferred payment of the long-term stimulus plan, which exceeded 4.6 million that year. pays its directors.
Colonial’s CEO Pere Viñolas raised 1.68 million, mostly in cashAlmost half of what it was in 2021. Former president Juan José Brugera became the highest paid real estate manager in 2022 after receiving compensation of 3 million from Colonial. In total, Brugera received 4.75 million euros.
promoters
CEO of Aedas Homes received 1.1 million850,000 Euro fixed salary and 255,000 Euro variable. The managing director of the organizer of the North American fund Castlelake owns more than 76,000 shares in the company with a market capitalization of about one million euros.
Your colleague at Neinor Homes, Borja García-Egotxeaga received a salary of 1.05 millionFounded by Lone Star, the CEO of the company owns a stake in the company for just over 20,000 euros.
Jorge Perez de LezaCEO of Metrovacesa, increased his salary by 14.35% to 1.42 million. The first sword of the promoter of Banco Santander, BBVA and Carlos Slim owns more than 180,000 shares with a market value exceeding one million euros.
The rest of the real estate companies
Both CEO and finance director at Realia They did not change their salaries.. Juan Rodríguez Torres, CEO of the real estate company owned by Mexican boss Carlos Slim, received 225,000 euros; Its CFO, Gerardo Kuri Kaufmann, costs a total of 244,000 euros. They are the lowest paid executives in the entire industry relative to the value of the company’s managed assets.
Specializing in purchasing and leasing of shopping malls, Socimi Lar España works with a system unlike any other, without a management team and with a responsible manager. just his head José Luis del Valle received 157,000 euroscompared to 140,000 the previous year.
Axiare, the socimi of the former founders of Árimaincreased the salaries of top executives. Luis de Herrara Oria, who owns more than 5% stake in the company, raised 1.1 million, up 28%. Finance director Chony Martín Vicente-Marariegos saw his salary increase by 50% to more than half a million euros.
Catalan Renta Corporación improved the pay of its CEO and chairman: David Vila received 481,000 euros (+16%), Luis Hernández de Cabanyes received 462,000 euros (+20%). The Chairman owns a 14.55% stake in the company, valued at more than 10 million; CEO is 0.4%.
Andalusia real estate Insur paid its CEO Ricardo Pumar €327,000, 25% less than the previous year. The manager owns approximately 130,000 shares with a stock market value exceeding €900,000.