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Mexican Real Estate Firm Thor Ubana Announces New Hires

29 January 2018

Mexican real estate development and investment firm Thor Urbana has appointed Gustavo Quesada as project director and Enrique Moran as marketing director. Other new hires include Bruno de los Reyes as development associate; Vicente Matute as investment analyst; and Ian Esturau Cedillo and Alejandra Castro as leasing analysts.

(Press Release) Thor Urbana, a leading Mexican-based real estate development and investment company, has appointed a number of key new employees across multiple divisions, company executives announced today.

Gustavo Quesada was named Project Director, responsible for the development of Thor Urbana’s luxury mixed-use and hotel real estate projects in Mexico and Belize. Previously, he was real estate and hotel development manager at Senergo Development Group, and a senior consultant for KPMG Peat Marwick.

Enrique Moran was appointed Marketing Director at Thor Urbana. Previously, he was the marketing and communications director for McDonald’s Corp. in Central America, corporate affairs director at Diageo in Mexico, and vice president of marketing at Addlink.

Other new hires include: Architect Bruno de los Reyes, development associate; Vicente Matute, investment analyst; Ian Esturau Cedillo, leasing analyst; Alejandra Castro, leasing analyst; Tanya Galvan Vega, marketing associate; Carlos Alberto Rangel, junior project manager; and David Zapata, junior project manager.

“As we continue to launch new developments throughout Mexico and elsewhere in Latin America, these talented employees will enable us to further enhance our business in 2018 and beyond,” stated Jimmy Arakanji, Co-CEO of Thor Urbana.

Thor Urbana – an affiliate company of global real estate leader Thor Equities – has created a robust platform in only five years, encompassing 15 projects with more than 11 million square feet including The Ritz-Carlton Mexico City, Montage Los Cabos, Thompson Playa del Carmen, and a new luxury resort, marina and Greg Norman-designed golf course off the coast of Belize.

In addition, Thor Equities is rapidly expanding its European holdings, which include Burlington Arcade in Mayfair along with a number of new properties in prime areas of London, Madrid, Paris, Milan and other key global cities. The company also recently acquired modern boutique hotel James New York SoHo in New York, as well as additional office and mixed-use properties throughout the San Francisco Bay Area.

“We continue to believe strongly in key urban markets in Latin America, Europe and the United States, particularly emerging areas where we see an opportunity for further near- and long-term growth,” said Joseph Sitt, Chairman of Thor Urbana.

About Thor Urbana
Thor Urbana is one of the leading investing and developing real estate companies in Mexico. Thanks to an integrated vertical platform, it has specialized in searching, purchasing, developing, repositioning, marketing, managing, and preparing multiple real estate projects, including lifestyle centers, luxury hotels, and mixed use projects in the most important cities and tourist destinations in the country. The company is currently developing more than one million square meters in different parts of the country, such as Mexico City, Guadalajara, Playa del Carmen, Mérida, Metepec, Los Cabos, Torreón, San Luis Potosí, and Belize, among others. For more information, visit

About Thor Equities: Thor Equities is a leader in the development, leasing and management of commercial, residential, retail, hotel and mixed-use assets in premier urban locations worldwide. Headed by CEO Joseph Sitt, the company maximizes returns for investors by recognizing a property’s potential, reducing operating expenses, increasing tenant satisfaction, and leveraging market trends to maintain a long-term competitive edge. Thor Equities is also the exclusive representative of global retailers through Thor Retail Advisors, a premier leasing agent for marquee properties worldwide. For more information, visit