Chancerygate opens Madrid office and hires Spain development director as European expansion gathers pace

Chancerygate has opened an office in Madrid and appointed a development director for Spain as the urban logistics property developer and asset manager ramps up its expansion into Europe.

Felipe Lainez joins from Mirastar Real Estate Investment where he was development director for southern Europe for the past four-and-a-half years.

In his new role, Felipe is driving Chancerygate’s expansion throughout Spain by initially finding and securing development opportunities in Barcelona, Valencia, Madrid, Málaga and Bilbao.

He is working alongside Chancerygate’s London-based managing director, Richard Bains, European director, Jason Sharman, and European manager, Alex Houghton.

Commenting on his new role, Felipe said: “There is a huge opportunity for Chancerygate in Spain as its Grade A product and multi-let urban logistics development experience is unmatched.

“The opportunity to be a pioneer for Chancerygate in Spain is exciting, and I am in active, positive discussions to acquire sites in and around our target cities.

“I am working closely with Jason and Alex to raise awareness of Chancerygate throughout Spain to deliver our ultimate objective of becoming the country’s most sought after urban logistics developer.”

Founded in 1995, Chancerygate entered the European market for the first time in 2022 with the €4.5m acquisition of a five-acre site in Ireland near Dublin airport. The site was acquired in partnership with specialist sustainable and impact investor Bridges Fund Management.

Chancerygate European director, Jason Sharman, commented: “Felipe is an excellent operator with the experience and entrepreneurial ability required to lead Chancerygate’s expansion in Spain.

“Hiring him and opening our Madrid office are both statements of our intent to accelerate our European growth plans.

“We are close to securing our first development site in Spain, and also expect to be able to announce the opening of an office in Portugal soon which will enable us to target Iberia as a whole.

“2024 will be a big year for us in Europe and we are very pleased to have someone of Felipe’s calibre to lead the delivery of Chancerygate’s growth plans in Spain.”

You can learn more about Chancerygate’s live projects here.

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