Ismael Clemente Managing Director RREEF, Deutsche Bank Madrid

Wharton Speaker >> Biography

Mr. Clemente is a Managing Director of RREEF, the real estate investment management arm of Deutsche Bank AG, responsible for investments in Spain, Portugal and North Africa. Over the last 14 years, he has completed private equity transactions with an aggregate value of more than 3 billion EURO across all property sectors. These include the acquisition, private placement and sale of the Hotel Arts complex in Barcelona, the repositioning of Penha Longa in Lisbon and Alfamar in the Algarve; the investment in, public tender offer over, restructuring and sale to ING Real Estate of the Spanish listed shopping center operator FILO, S.A.; the sale of Renta Inmobiliaria S.A. to General Electric Capital; the structured sale and leasebacks of the Spanish headquarters of Dragados and the real estate portfolio of BBVA; the joint venture with Grupo SIL in Portugal; the incorporation of ARDIM in Morocco and the advisory to Telefonica, Suez-Lyonnaise des Eaux and Portugal Telecom in the reorganization of their property holdings. His team currently manages a portfolio of approximately Eur 2BN, representing the full range of global funds advised by RREEF and has also raised a number of local investment vehicles for high net worth clients of Deutsche Bank.

Mr. Clemente joined Bankers Trust Co. (now part of Deutsche Bank) in 1996 from the Spanish law firm Garrigues Andersen. He holds degrees in Law and in Economics & Business Administration, major in Finance, from ICADE, is a teacher of the Master of Real Estate program at Instituto de Empresa (IE) and a member of the Madrid Council of the Urban Land Institute (ULI).