Board members
Chairman and Non-Executive Proprietary Director

Mr. Rapp, graduated with Honors from the Universality of the Witwatersrand as well as having attended Wharton University’s Business Executive Development Program.

For the past 11 years, Mr Rapp has been the Chief Executive Officer of Vukile Property Fund Limited, Castellana’s majority shareholder. He has extensive experience in the financial services environment, spanning investment banking, private equity, retail banking and insurance and asset management.

He was previously director of Standard Bank, having headed the Insurance and Asset Management division and, prior to that, heading Strategic Investment and Alliances. Additionally, he is the former President of the South African REIT Association.

He has an extensive experience in the real estate sector and more specifically in the retail segment. Alfonso began his career at CB Richard Ellis (CBRE) where he worked between 1998 and 2006, performing different functions in the office sector until assuming the position of manager of logistics and industrial assets, where he ended up running a rental and sales agency nationwide.

In 2006, he embarked on his career and made the leap to the retail sector, first as investment director in the launch of a new specialist retail fund in the British company Pradera, and then leading it as Head of Spain, managing the Spanish office with assets worth 500 million euros.

Thus, after more than 11 years, Alfonso decided to join Castellana Properties in 2017 as CEO of the company. In addition, Alfonso is a Member of the Executive Committee of the AECC. Treasurer of Apresco and General Secretary of Asocimi.

Executive Director and CFO

With more than 20 years of professional experience, he began his career in the field of auditing and consulting first at KPMG, from 2002 to 2008, and later at PwC until 2014, the date on which She joined Axiare Patrimonio Socimi. , S.A. as Chief Financial Officer until 2018. In October 2018, Debora joined Castellana Properties as CFO.

She has extensive experience in auditing large listed groups, in corporate operations, IPOs, capital increases, financing operations, credit ratings, M&A and ESG.

She has a degree in Business Administration and Management from the University of Alicante (Spain) with a specialization in Financial Management. She is a Chartered Accountant, a member of the Official Register of Account Auditors (ROAC) and a member of the Royal Institution of Chartered Surveyors (RICS). Likewise, she has completed different executive and director training programs at ESADE. Women to Watch 2022 edition (PwC Talent and Diversity Program).

Non-Executive Independent Director

Mr Masso is currently a director of Excem Capital Partners Socimi, independent Director of Gesvalt Sociedad de Tasación, and senior Advisor-Partner of G & MS Corporate. Mr Masso is a professional with more than 34 years of professional experience in consulting and operations in Spain, Europe and Latin America.

For 21 years he has been a partner of PricewaterhouseCoopers Corporate Finance. He has acted as Corporate Restructuring Advisor, Independent Restructuring Plan monitoring and advisor to various boards across Spain. Mr. Masso holds a Degree in Economics and Business Administration and is a Certified Account Auditor and member of the Official Register of Accounts Auditors of Spain (ROAC).

He has responsibilities in the social field, is a Founding Trustee and member of the Board of Trustees of the Fundación Sembrando Salud. He is also a member of the Ethics Committee of the first SOCIMI Social in Spain, Primero H Socimi, an innovative project with social impact that aims to generate greater access to affordable housing for people in residential vulnerability.

Non-Executive Independent Director

Mrs Lucy Charlotte Lilley is a chartered surveyor and independent non-executive director with over 25 years’ experience in real estate. Mrs Lucy Charlotte Lilley has been appointed as non-executive board director and member of audit, remuneration and operations committees by several real estate companies and funds, including listed and regulated entities. Previously, she spent five years as a Director and Fund Manager of Schroder Real Estate Managers (Jersey) Limited and eleven years as a Portfolio Manager with Land Securities in London. She specialised in shopping centres and shopping parks between 2004 and 2015 and has a commercial real estate background in asset management, portfolio management and fund management. She is experienced in investment, development and refurbishment of real estate assets in the UK and Europe and has a solid understanding of financial and operational issues.

Mrs Lucy Charlotte Lilley is regulated by both the Jersey Financial Services Commission and the Royal Institution of Chartered Surveyors. She is a Member of the Royal Institution of Chartered Surveyors, the Investment Property Forum, Revo (the British Council of Shopping Centres) and IoD.

Non-Executive Independent Director

Mr. Moran has been a banker for 30 years. He was the CEO of Santander Company United States and member of the Santander Global Management Company. Before, Mr. Moran was CEO of Morgan Stanley for Spain & Portugal. He has been member of boards of non financial institutions such as Via Celere, Lafinca, Kimak, Boston university and member of the advisory board of Columbia University’s School of International & Public Affairs (NY), Alvarez & Marsal and Tikehau.

Mr. Moran holds a degree in Economics and Business Administration from ICADE (Madrid) and an Honorary Doctorate of Commercial Science from Bentley University (MA). He has carried out ESG training programmes.

Non-Executive Proprietary Director

Mr. Potts was the Financial Director of Vukile Property Fund Limited from its date of listing on the Johannesburg Stock Exchange in 2004 to the date of his retirement on 30 June 2019.

Prior to this he was an independent adviser to the Bridge Capital Company focussing on property transactions, property portfolio assembly, financial structuring, and capital raising. Mr. Potts was also a non-executive director of Synergy Income Fund and of Outspan International Limited and Chairman of Outspan's Audit committee. Mr. Potts is a Chartered Accountant and holds a degree in Accounting from the University of Witwatersrand, and a Higher Diploma in Tax Law from the same university.

On a personal level, he has taken environmental action by installing solar panels and batteries, reducing 7.4 tons of CO2 emissions and a saving in standard coal usage of 2.5 tons over the past year.

He has attended 3 ESG courses hosted by the South African Institute of Chartered Accountants (SAICA) and the ESG exchange and an Ethics in Practice session hosted by SAICA during the year.

Non-Executive Proprietary Director

Mr. Payne is the independent non-executive chairman of the Vukile board of directors, where he has served since 2012. He is also the chairman of listed retailer Mr. Price Company Ltd and lead independent director of global food services Company Bidcorp Limited. Mr. Payne is a chartered accountant, with degrees in accounting from Rhodes University and a Master in Business Leadership from the University of South Africa.

He has responsibilities in the social field, is Director of the SASME Foundation, an NGO dedicated to developing and financing small and medium-sized enterprises with the aim of boosting economic growth and sustainable employment in the South African economy. He has also attended training courses on ESG indicator reporting provided by PwC South Africa.

Non-Executive Proprietary Director

With more than 20 years’ experience in real estate asset management, corporate finance and financial management, Laurence began his career in auditing at Fisher Hoffman (PKF) from 1996 to 1999. In 2000, he joined Grant Thornton in Johannesburg, where he worked as a senior corporate finance consultant for 3 years. In 2003, he joined Hyprop Investments Limited, where he held the position as CFO until 2018. Hyprop is a retail focused Real Estate Investment Trust (REIT), listed on the Johannesburg Stock Exchange (JSE). During his time at Hyprop, Laurence was involved extensively in various aspects of property asset management, debt capital markets and local and international deal structuring.

He chaired the Accounting and JSE Committee of the South African REIT Association, served on its Executive Committee and was instrumental in publishing the first best practice recommendations (BPR) for the South African REIT sector. In 2019, Laurence joined Vukile Property Fund Limited (Vukile) as CFO. Vukile, also a retail focused REIT listed on the JSE, is the major shareholder of Castellana Socimi SA.

Non-Executive Vice Secretary

Tannia Rodríguez holds a degree in Law and Business Administration and Management from Universidad Carlos III de Madrid, she specialises in mergers and acquisitions, commercial contracts and corporate law. She is a senior associate in the commercial law department of the international law firm Ashurst in Madrid and has experience in advising on the sale and purchase of companies in different sectors (such as real estate, technology, credit recovery and distribution), restructurings, structural modifications and management of company secretariats and commercial contracts. 

Non-Executive Secretary

Javier Hernández holds a degree in Law from the Universidad Nacional de Educación a Distancia, a degree in Economics from the Universidad Carlos III de Madrid and is an expert in international taxation from the Universidad Complutense de Madrid. Partner of the tax law department of the Madrid office of the international law firm Ashurst, he specialises in Spanish, international and European Union taxation. He advises national and international companies on the tax aspects of sale and purchase transactions, restructuring of business groups, taxation of real estate transactions (FABs and SOCIMIs) and large assets, indirect taxes and international tax planning. He has led the advice on the first SOCIMI admitted to trading on the BME Growth and the first FAB (Banking Assets Fund) registered by the CNMV, being a recognised expert in Socimis.