Panattoni Announces Leadership Transition in Spain and Portugal

14 May 2026

Panattoni has announced a leadership change in its Iberian operations following the departure of Gustavo Cardozo Lupi, who led the company’s business in Spain and Portugal for the past six years.

Cardozo Lupi joined Panattoni in 2020 and oversaw the company’s expansion across the Iberian Peninsula. During this period, Panattoni developed its local platform, expanded its team and launched a pipeline of logistics and industrial projects in both markets.

Since entering Spain and Portugal, Panattoni Iberia has delivered approximately 620,000 sqm of logistics and industrial space. The company currently operates across 15 Spanish provinces and in the Portuguese cities of Porto, Santarém and Lisbon, with projects serving sectors including logistics, automotive, food and textiles.

Panattoni said that Arantxa Prado has been appointed Interim Managing Director for Spain and Portugal to oversee the next stage of the business.

Robert Dobrzycki said Gustavo Cardozo Lupi had played an important role in establishing the company’s presence in Iberia and building its local operations, team and client relationships.

Prado joined Panattoni as Head of Capital Markets and has been involved in structuring and executing transactions supporting the company’s growth strategy in Spain and Portugal. Prior to joining the company, she held investment and private equity roles at Eneas Alternative Investments, Pantheon and Standard Life Private Equity, and also founded Cassia Investments, an emerging markets investment platform focused on consumer goods in Asia.

Panattoni stated that it remains focused on continuing its activities and development pipeline across Spain and Portugal following the management transition.

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