Creating investment opportunities.

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Impar Capital Asset Management SGEIC, S.A. is a closed-end collective investment management company registered with the CNMV under number 192. Its purpose is the administration, representation and management of investments through the constitution of investment vehicles (SICC or FICC). The SICC or FICC will invest their capital in real estate companies whose purpose is the promotion/development and/or rehabilitation of projects in Spain.

The founding group of IMPAR CAPITAL comprises professionals with extensive experience in the management of investments related to the financial and insurance sectors and vast experience in the integral management of real estate projects in Spain.

Investments are in the capable hands of experts….

Our Mission

To provide investment management and advisory services, seeking to maximize the profitability of our clients in a moderate risk investment environment in real estate development projects, with the conviction that responsibility, honesty, and commitment are our three pillars to guarantee the best service.

Our Vision

To be a benchmark in investments and advisory services through personalized support and technological platforms to add value to management and facilitate communication with our investors and thus contribute to the economic development of the country’s real estate sector by facilitating access to representative investment projects.

Investment principles



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We invest in projects with great commercial potential in merged/consolidated areas. We have a Value Add investment profile, so we seek to invest in assets that can generate added value through design and repositioning, always optimizing costs at all stages of the project.



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Entering each project with care of having a safety margin on each investment. To find assets in consolidated areas and with prices below market value, so that with its repositioning and management through our know-how, operations and market reach, we can generate value and additional profit in the disinvestment.



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We are committed to the modernization of our cities and technological progress in the world. We also believe that environmental and sustainability conditions are becoming the third dimension of the investment branch.

Managed Projects




Alfredo Calzadilla


Roberto Perri Aristeguieta


Morris Senior

Board Member

Damie Antoun

Board Member

Marco Zarikian

Board Member


Roberto Perri Aristeguieta


Carmen Panadero

Managing Director Impar Capital Asset Management

Javier del Villar

Business Development Director

Jaime Gómez-Sotillo

Investment Director

Emiliano Guerrero



At Impar Grupo we are committed to sustainability and we are strongly engaged with the criteria of Corporate Social Responsibility.

We contribute by aligning ourselves with ESG criteria from the broad spectrum of the group’s activities: architecture, construction, management, investment management. In all of them we apply the measurement of the main indicators of the three fundamental aspects of ESG: environmental, social and corporate governance criteria. In the case of assets, we are a certifying company BREEAM® in Spain and LEED® in LATAM.

We firmly believe that through our actions in Real Estate, we can drive positive change, generating benefits for all our stakeholders, including current and future occupants, employees, suppliers, communities and shareholders.



Impar Green is the Impar Group’s new commitment to sustainability in the Real Estate sector, basing its activity on three fundamental pillars: real estate sustainability consultancy, BREEAM® and LEED® certification projects in their different modalities and the sustainable management of real estate assets.

WHY Impar Green?

We are a company specialised in creating value for our clients by improving the sustainability of their properties, clearly committed to the health and well-being of their users and maintaining a respectful relationship with the surroundings and the environment, always applying the Corporate Social Responsibility criteria that define us.

At Impar Green we are fully committed to achieving the Sustainable Development Goals set by the UN and we guide our clients in achieving them through the sustainability of their buildings, to improve their positioning in the eyes of investors, shareholders, financial institutions, employees and public opinion in general.