Business · Companies · 3 hrs ago
Ibervalles Capital appoints Alfonso Astorga as CEO
Ibervalles Capital has named Alfonso Astorga its new CEO to lead the Spanish real estate manager.
The company, which manages €530 million in assets, is owned by the Isidro family.
Astorga was previously the company’s business director and joined in September 2022 as head of asset management.
Before Ibervalles, he spent more than 11 years at property services firm CBRE.
His new role includes advancing the company’s strategy and overseeing its portfolio as it seeks to grow.
Ibervalles has investments in offices, hotels and flexible apartments, and its chairman said the appointment supports its growth plan.
Ibervalles Capital Gestión has appointed Alfonso Astorga as its new chief executive.
Astorga previously served as the company’s business director and earlier led its asset management.
His new role includes advancing the company’s strategic roadmap and overseeing management of its asset portfolio.
The real estate manager has €530 million in assets under management.
The company is pursuing growth across offices, hotels and flexible apartments.
- Who
- Ibervalles Capital Gestión appointed Alfonso Astorga as its new chief executive.
- What
- Astorga is taking on the role to advance the company’s strategic roadmap, oversee its asset portfolio and support organizational growth.
- When
- The appointment was reported on October 20, 2026. The effective date is not stated.
- Where
- Ibervalles Capital Gestión; its location is not stated.
- Why
- The company said the appointment is intended to advance its strategic roadmap, oversee portfolio management and support growth.
This story does not have two clearly opposing sides.
Astorga joined Ibervalles Capital and became its asset management director.
Astorga served as the company’s business director.
Expansión reported that Ibervalles Capital had appointed Astorga as chief executive.
- New CEO
- Alfonso Astorga
- Assets under management
- €530 million
- Joined Ibervalles Capital
- September 2022
- Previous employer
- CBRE
- Previous career length at CBRE
- More than 11 years
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