Meet The Team: Rute Duarte Palmeiro, European Head of Tax and Corporate Structuring

Name: Rute Duarte Palmeiro

Professional Bio: Rute is European Head of Tax & Corporate Structuring for Micro Living, a subsidiary of MPC Capital AG Group. She is  based in Lisbon and responsible for the structuring of  the European portfolio.

She has over 15 years experience advising in real estate transactions and Fund structuring, with particular focus on Pan-European portfolios and cross-border acquisitions and disposals. With a Legal background and education, she trained and worked as a lawyer in Portugal for 4 years specialising in Real Estate and Corporate Law before moving to London in 2007 where she continued her career as a Tax Advisor for Real Estate investors and Asset Managers

For the past 11 years she has worked as a Tax structuring expert, advising on the launch and set up of new Funds, financing and funding for real estate transactions and vastly skilled on M&A and Due Diligence processes. While in London, Rute worked for KPMG LLP as a Corporate Tax Manager in the Real Estate and Infrastructure Teams before moving in-house to GE Capital Real Estate in  2012 where she was responsible for the UK Equity and Debt portfolios. She then moved to BlackRock in 2015 where she was the EMEA Tax lead for the Real Estate and Infrastructure  Funds –  with assets under management of circa £7bn.

Childhood dream: Not sure I had a single dream… quite a few things I was interested in.  But I knew for a fact that I wanted to do something I loved!

One sentence highlighting your current role: Difficult to explain what I do in a simple way because there is nothing simple about it. I am the in-house Tax and Structuring person which basically means I provide assistance to the Business to accomplish their cross-border investments and transactions in an efficient manner, and in particular making sure that tax issues are addressed properly.

What do you enjoy the most about the student housing and micro-living sector? I’m a real estate passionate, all kinds shapes and forms. It’s what I’ve done for the past 15 years. Student housing is an area that didn’t really exist as such and I witnessed its birth and growth. Now it’s a separate field itself. That makes it a special type of real estate.

Did you study or lived abroad and if so, where? I lived in London for nearly 11 years. Best experience of my life!

Where did you live as a student, and how different was the student accommodation landscape back then? I was a student in Lisbon, Portugal and things were very different back then. Student accommodation wasn’t really a thing… everyone just lived at their parents! Living alone and doing your own thing at that age just wasn’t something that happened. I wish I had something as cool as my own flat inside a student community: these kids have no idea how privileged they are!

Tell us something we don’t know about you? My grandfather was a famous football player for one of the Premier League Portuguese teams back in the 50’s. I am extremely proud that I am his flesh and blood.

Among the many projects we have in the pipelines, what are you most excited about? At the moment there is a specific  project in Portugal that I am very excited about… I can’t really talk about it for the time being. But fingers crossed because it is quite something!

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