The real estate investment manager Q Living has promoted Rosa Gallego to the new partner and CEO of the company.
Q Living Real Estate, a real estate investment manager specializing in the acquisition, promotion, and operation of residential rental assets, has entered a new phase with the promotion of Rosa Gallego as partner and CEO of the company, and Gabriel Izquierdo as Director of Investments. Under this new leadership, the company has already formalized two acquisition operations for VPO homes in the Basque Country, totaling over 200 units intended for affordable rental.
The manager recently completed its second operation in this new phase led by Gallego. Specifically, it has purchased a development of 88 VPO homes located in Derio, in the Greater Bilbao area (Vizcaya).
This project is being driven by the Basque developer Construcciones Sukia and is expected to be operational in the first half of 2027. The development includes 88 one- or two-bedroom homes, 125 parking spaces, 88 storage units, and two commercial premises.
This investment follows the recent acquisition of a development of 143 new-build VPO homes in the Zorrozaurre island area of Bilbao, which is also in the development phase and involved the new management team.
Both build-to-rent projects exemplify public-private collaboration, in this case between Q Living Real Estate and the Basque Government, which has granted a subsidy for the development of both projects in exchange for establishing rent limits below market rates for a period of 50 years, thus contributing to facilitating access to rental housing. This agreement is part of a formal agreement to promote affordable rental housing in the region that Q Living will sign with the Basque Government.
During its first seven years of operation, Q Living Real Estate has invested over 250 million euros in real estate assets, developing and managing a portfolio of more than 1,500 affordable rental homes.
Q Living Appoints New Management Team
Until now the Director of Operations at Q Living Real Estate, Rosa Gallego has deep knowledge of the real estate market, thanks to her more than 25 years of national and international experience in construction, project development, and investment. Before joining Q Living, Gallego held similar responsibilities at the investment manager Tectum Real Estate and the construction company Obrum.
On his part, Izquierdo will lead the asset acquisition and investment management activities of the company as the new Director of Investments, with an innovative approach and a global vision of the real estate market. He will rely on rigorous analysis and data studies, a significant network of collaborators in the sector, and extensive knowledge of the real estate value creation process and the capital markets.
His promotion represents a commitment to youth, experience, preparation, and internal talent within the company, as the new Director of Investments has the endorsement of having advised, invested in, and developed over 500 million euros in residential and commercial real estate assets in Spain throughout his professional career, both at Q Living Real Estate and in his previous roles at the developer Metrovacesa and the consultancy BNP Paribas Real Estate.
