- This reinforces the growth strategy in third-party management and brings nearly two decades of international experience in investment and asset management.
November 7, 2025 – Culmia, the real estate platform that integrates housing solutions from the market , announces the appointment of Ana Estrada as an independent director. With a solid international track record in the real estate sector, Estrada will bring her expertise in relations with the international institutional investor community to the company’s Board of Directors, thereby strengthening Culmia’s position as a leading platform for institutional capital, backed by funds managed by Oaktree Capital Management.
With a degree in Economics from Pompeu Fabra University and an MBA from IESE Business School, Estrada has spent most of her career in London, where she gained experience in real estate development and asset management. During nearly two decades at Goldman Sachs, she has led real estate investments in Europe, established and driven the professionalization of portfolio companies, and served as a manager of global real estate funds worth billions.
He has also served on the firm’s global investment and real estate strategy committees and has built high-performing pan-European teams.
In recent years, in addition to her investment and fund management responsibilities, Estrada has led the transition of Goldman’s global real estate business from a balance-sheet business to a third-party management business, helping to raise billions in third-party capital. She has also supported the ecosystem as a business angel and mentor in women’s leadership initiatives, reinforcing her commitment to diversity and the advancement of women to senior leadership positions.
Ana Estrada’s appointment to the Board as an independent director reinforces Culmia’s ambition to establish itself as the leading multi-client manager in Spain’s living sector.
According to Francisco Pérez, CEO of Culmia, “his in-depth knowledge of the European market and his experience in institutional capital management will be key to strengthening our position as the leading multi-client manager in Spain’s living sector.”
According to Ana Estrada, an independent board member at Culmia,“It is an honor to join a leading company at a time of profound transformation. Culmia combines a solid track record in the Spanish residential market with a core mission: to promote affordable, high-quality housing, backed by an institutional shareholder committed to growth and excellence. This unique combination positions Culmia to become the benchmark in Spain’s living sector. I am excited to bring my experience to the table, contribute to this purpose-driven and ambitious project, and, furthermore, support and mentor women within the organization so they can assume leadership roles and make an impact by reaching their full potential.”
