CONSTANT CHALLENGES AND AVAILABILITY ARE PART of OUR CULTURE
Presentation
Insula Capital – Real Estate Investment Company is a public limited company, which started its activity on July 30, 1987 for an undetermined period.
The company is registered in the Securities Market Commission as an authorized financial intermediary since January 1996, under the number 237 and was acquired in August 2018 by a private investor. In January 2019, Bank of Portugal did not oppose and a new identity has been created – Insula Capital.
A fully independent society not only from the real estate agents (consultants, evaluators and others) but also from the financial market agents (banks and other financial institutions), which allows to look after the interests of the investors, its capital is mainly held by top management.
The company managers come from the the real estate sector with a very proactive and versatile management philosophy, essential requirements to reduce the investment cycle and increase profitability.
The company has as preferred target market for the launching of UREI, private investors (national and international), as well as real estate companies and real estate promoters, aware of the advantages of transparency of the activity, that seek a suitable real estate investment vehicle, recognise the advantages of a professional management and intend to benefit from the greater liquidity and notoriety granted to the property by the investment fund figure.
History
Professional Management and Activity Transparency
Company
2019
2002
1987
New shareholder structure since January 2019.
New identity Insula Capital
Acquisition of Geoger for Fibeira SGPS in January 2002.
New identity Fibeira Fundos.
Set up of Geoger SGFII SA in July 30, 1987, the second real estate investment funds management company founded in Portugal.
Management of Undertakings for Real Estate Investment
2020
2019
2019
2007
2006
In August 2019, authorization for the constitution of Obvi SICAFI, main asset Cruz da Pedra Palace.
In October 2019, authorization for the constitution of Mexto Property Investment I SICAFI, main asset Avencas Ocean View Residences.
In April 2019, management of Foz do Tejo Real Estate Investment Fund, main asset Foz do Tejo (formerly Alto da Boa Viagem).
Constitution and management of the Multiusos Orient Real Estate Investment Fund. Since 2009, managed by the Interfundos Society.
Constitution and Management of Capital Real I Real Estate Investment Fund, main asset High-Courier Palace.
Asset Management
2019
Comporta
Governance
In 2019, the company has reorganised its internal structure, to turn the businesses areas fully autonomous, thus allowing to specialise and focus on the assets valuation.
The Bank of Portugal approved the Board of Directors and the Supervisory Board for a period of 3 years (2019 to 2021).
Board of Directors
Florence Ricou
Chair
Hervé dos Santos
Executive Board Member
Maria João Rodrigues
Executive Board Member
António Figueiredo Carvalho
Non-Executive Board Member
Supervisory Board
João Manuel Martins
Chairman of Supervisory Board
João Carlos Graça
Executive Board Member
Francisco Cruz
Executive Board Member
Statutory Auditor
Salvador & Falcato. Sroc, Lda.
Registered in CMVM n.º 20161625 SROC n.º 314
Key Players
Florence Ricou
Partner & Chair
Florence Ricou
Partner & Chair
Strong expertise in the Portuguese market built through 20 years of on the ground-presence, particularly in the fund management of real estate investment funds and asset management. Prior to founding Insula Capital, Florence was Executive Board Member in real estate investment fund management company with EUR 1 Billion under management. She acted as asset manager at Novo Banco managing the office and shopping center portfolio, circa of 230.000 sq.m and executing various divestment transactions in Portugal. Prior to that, Florence managed a prime shopping center portfolio for Multi Corporation in Portugal and in Paris (circa of 500 retail units). She started her career at Fnac in Paris and was marketing manager for Fnac Portugal in Lisbon. She holds a degree in Management (HEC) and is fluent in French (native), Portuguese and English. She has been living in Lisbon since 1997 and has one child.
Hervé dos Santos
Executive Board Member
Hervé dos Santos
Executive Board Member
Professional course focused on the development of real estate projects, primarily focused on mixed-use projects, later on tourism projects and always based on a best-use approach. Major experience in real estate development both integrated into the structure of real estate developer and in the role of external consultant. The professional experience in the internal structure of Imoholding allowed him the specialization in the development of structuring projects comprising programs of urban planning in a total of more than 700 thousand sq.m of construction approval among several projects. Profound knowledge of the legal framework of territorial management tools and urban planning, with field experience. The work developed earned him the invitation of creditor banks to provide consulting services to a management fund of real estate development assets. Holds a degree in economics and post-graduations in real estate management and valuation and in corporate finance. Real estate appraiser registered in CMVM. He has been living in Lisbon with his family since 2006 and has got two children.
Ana Catarina Quinta
Financial Director
Ana Catarina Quinta
Financial Director
Passionate about accounting and the rigor that the profession requires, always acted under the principles of integrity, suitability, independence, responsibility, competence, confidentiality, fairness and loyalty with a view to the design of useful information for the Decision-making and in order to dignify the profession. Major experience in real estate investment fund management company with EUR 1 Billion under management. She was a Certificated Accountant of 36 real estate investment funds. Also acted in the treasury, reporting and consolidation departments. Prior to that, Ana was a Certificated Accountant in a Family Office that was represented in the markets of Portugal, Mozambique and Angola, providing key services in hand with extensive experience in optimizing offices and creating sustainable workspaces. Holds a degree in Accounting and Auditing. Certificated Accountant registered in OCC since 2001. Born in Lisbon is married and has two children.
Maria João Rodrigues
Executive Board Member
Maria João Rodrigues
Executive Board Member
She has 10 years of experience in real state law acquired as head of legal at real estate companies, including a participant of investment fund. She also acquired relevant experience working for a consulting firm specialized in advising a management company of a risk capital fund. Holds a degree in law and a postgraduate degree in real estate law and in corporate tax law. She is concluding a master in corporate law at ISCTE – Lisbon. Maria has been living in Lisbon since 2015 with her husband and has one child.
