The return of Sanginés-Krause to the forefront of the Spanish real estate market, led by Esperanza Aguirre’s brother underlines the Mexican tycoon’s ability to identify high-return opportunities and execute them successfully. With assets such as Villa Magna, Ayala 63 and Tirso de Molina 8, the friend of the Emeritus consolidates his presence in the luxury sector, reinforced by his network of contacts in Spain and abroad.
Despite the controversies surrounding his figure, his business model is an example of how the real estate sector can be used as a vehicle to generate wealth and prestige. Sanginés-Krause, an intimate of King Philip VI’s father and a leading figure in global financial circles, continues to leave his mark on Spain’s economic and social landscape.
The Mexican magnate Allen de Jesús Sanginés-Krause, known for his close relationship with King Emeritus Juan Carlos I, is once again in the media spotlight due to his reappearance in the Spanish real estate market. Former head of Goldman Sachs in Europe and prominent shareholder in multiple companies, Sanginés-Krause has delivered a masterstroke with new operations in the sector, consolidating his influence in this lucrative market, as reported The Confidential y OK diary.
The businessman had already made headlines in 2017 and 2018 with two large acquisitions in Madrid: the luxury building at Ayala 63, located in the prestigious Salamanca neighborhood, and the emblematic Villa Magna hotel. Now, With the creation of a new company, Tac Opco, it is preparing to expand its real estate empirewhich has generated renewed interest in his figure and his business movements.
The masterstroke: Villa Magna and Ayala 63
In 2018, Sanginés-Krause left an indelible mark on the Spanish real estate market with the purchase of the Villa Magna hotel, a super-luxury establishment located on Paseo de la Castellana. The transaction was closed for 210 million euros, which is equivalent to 1.4 million per room, a record price for the time. The acquisition was carried out through RLH Properties, a Mexican SOCIMI specialized in luxury resorts, of which the magnate was president and main shareholder. This move not only consolidated Sanginés-Krause’s presence in Spain, but also raised the prestige of the Villa Magna as one of the most exclusive hotels in Madrid.
A year earlier, in 2017, the businessman had acquired the Ayala 63 building, a luxury property also in the Salamanca neighborhood. The property was purchased for 8.1 million euros from Osoul Properties, with the aim of rehabilitating it and using it for tourist rentals. According to records, almost an additional 800,000 euros were invested in its renovation. Currently, the apartments are offered for short, medium and long-term rentals, with prices ranging between 3,100 and 6,000 euros per month, and include high-level services comparable to those of a luxury hotel.
Tac Opco: the new real estate bet
The recent creation of Tac Opco, with registered office at Ayala 63, marks the return of Sanginés-Krause to the real estate market. This company, in which the magnate appears as joint administrator, has as its objective management, advice, administration and intermediation in real estate operations, including the purchase, sale and lease of real estate.
With an initial capital of 3,000 euros, Tac Opco reflects the typical Sanginés-Krause strategy: discretion in the initial moves, but with clear ambitions for expansion in the luxury sector. The company’s location at Ayala 63 is no coincidence, since this property continues to be one of the most prominent assets in its portfolio..
The arc collection: connections and new businesses
The Ayala 63 building and its 17 luxury apartments are managed by The Arc Collection (Asiru Inversiones), another company linked to Sanginés-Krause. According to commercial records, this company has as its main shareholder Alcázar Ventures FZE, an offshore company based in the United Arab Emirates. This information is relevant, since it coincides with the tax domicile of King Emeritus Juan Carlos I for several years, which reinforces the connections between the two.
In addition, The Arc Collection is owned by Global Endor (owned by Sanginés-Krause) and Boyton Invest, a company chaired by Santiago Aguirre Gil de Biedma, brother of the former president of the Community of Madrid, Esperanza Aguirre. This network of companies and business relationships stands out for the influence of Sanginés-Krause in the most exclusive circles in Spain.
Tirso de Molina 8: another asset in the portfolio
Another example of Sanginés-Krause’s real estate reach is the building at Tirso de Molina 8, a mansion with 17 apartments also managed by The Arc Collection. The rents in this property, located in the center of Madrid, are around 230 euros per night, and the homes are offered as luxury tourist options. According to information, the property belongs to Domu Tirso, a company owned by Jorge Fernández de Araoz García-Lubén, nephew of a well-known friend and hunting partner of Juan Carlos I.
It is worth mentioning that Domu Tirso requested a license from the Madrid City Council to convert some commercial premises in the building into tourist apartments, although so far it does not appear in the official registry of housing for tourist use. This detail underscores Sanginés-Krause’s strategic and sometimes controversial approach to his investments.
Business and personal ties
Sanginés-Krause’s relationship with high-profile figures, such as the king emeritus, has been the subject of analysis and speculation. In the past, the tycoon was investigated by the Spanish Prosecutor’s Office in relation to payments made to Juan Carlos I. Although no conclusive evidence of irregularities was found, these links have reinforced the perception that the businessman operates in a sphere of privilege and exclusive connections. .
On the other hand, his association with Santiago Aguirre Gil de Biedma and Jorge Fernández de Araoz García-Lubén highlights Sanginés-Krause’s ability to forge strategic alliances with influential figures in Spain. These relationships not only boost his businesses, but also position him as a key player in the luxury real estate market.
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