· The company achieved a trust rating of 87%, 14% above the retail sector average
· Castellana scored higher than its peers in every category: Credibility, Respect, Pride, Fairness and Team Spirit
· Its best scores were for Pride (92%) and Team Spirit (91%)
Madrid, 20 May 2021. Castellana Properties, the specialist retail property acquisition, management and refurbishment firm listed on the BME Growth, has been certified as a Great Place to Work in 2021, by the consultancy firm Great Place to Work®. In doing so, Castellana Properties has become the first company in the Spanish real estate sector to gain this prestigious accolade, which recognises its highly trustworthy and fair business culture, along with its capacity to attract and retain talent.
Following a workplace assessment, which included a questionnaire completed by all 30 employees at Castellana Properties, the company achieved a trust rating of 87%, 14% above the retail sector average.
The company also scored higher than its peers in every category: Credibility, Respect, Pride, Fairness and Team Spirit. Its average score for Credibility, which, according to the survey, positively perceives the accessibility, skills and integrity of senior management staff, exceeded the industry average by 15% with 89%. For Respect, which refers to support from management and the organisation, and includes the employees' perception of being part of the day-to-day work and the firm's efforts to look after them, the company scored 80%, 10% higher than the rest of the companies in the sector. Additionally, for Pride, which includes the pride employees feel in their individual work, their team and the organisation as a whole, Castellana Properties scored 92%, 20% higher than its peers. For Fairness, which assesses the perception of impartiality, lack of favouritism and fair treatment, the company scored 87%, 15% higher than the results in surveys carried out in other companies. For Team Spirit, the category where employees rated their relationships with their colleagues, the Company scored very highly with 91%.
The rise of Castellana Properties
Over the last four years, the firm has seen its portfolio grow significantly, which has subsequently led to a 32% increase in its workforce over the last 24 months. By bringing in new professionals, Castellana has been able to boost its current workforce to 30 employees.
For Alfonso Brunet, CEO of Castellana Properties, “Receiving this certification fills us with pride and satisfaction. Here at Castellana, we strive day in, day out to create a sense of belonging, and to ensure that our employees feel satisfied in their work, which is confirmed in these results. At any organisation, when employees feel supported and happy with their daily performance and with the way they are treated by the company, they feel more motivated and are able to work more efficiently. I would also like to thank Great Place to Work® for this recognition. Castellana will continue to strive to ensure we keep improving”.