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Legera is a privately held investment company focused on carefully selected real estate opportunities across Iberia. The company acquires, manages and develops each investment directly, maintaining strategic and operational control throughout the investment lifecycle and applying exceptional care to every asset within its portfolio.
Legera’s portfolio is defined by selectivity, disciplined ownership and the ability to translate exceptional opportunities into outstanding performance.
Legera identifies investments with exceptional return potential, supported by strong fundamentals, rigorous underwriting and a clear path to value creation. Each opportunity is evaluated with a disciplined focus on risk-adjusted returns, downside protection, capital efficiency and execution certainty. Investments are pursued where market insight, asset quality and strategic positioning create a compelling investment case.
Our team provides strategic discipline, sector expertise, and a clear vision for sustainable performance, setting the standards that define our direction and shape our future.
Founder & CEO
Tim Ternmyr is the Founder and Chief Executive Officer of Legera. He leads the Group’s investment strategy, acquisitions and development activities, with overall responsibility for portfolio growth, capital allocation and execution. His approach combines disciplined investment selection with a strong focus on design, quality and long-term value creation.
Tim holds a Master of Business Administration (MBA) from ISEG – Lisbon School of Economics & Management, University of Lisbon.
Executive Coordinator to the Board
Catarina Araújo supports the Board and the Group’s directors across development, planning and strategic initiatives. Her role encompasses the coordination of key projects, cross-functional execution and executive support, helping ensure alignment, continuity and effective implementation across the Group’s investment and development activities.
Catarina holds an Integrated Master’s Degree in Civil Engineering and an Executive MBA from Porto Business School, University of Porto.
Project Director
Ricardo Garrido oversees the construction delivery of the Group’s developments, with responsibility for execution, programme, cost and quality across the portfolio. He leads the coordination of contractors, consultants and project teams, ensuring that each development is delivered in accordance with Legera’s technical, design and quality standards.
Ricardo holds a Master’s Degree in Engineering from Instituto Superior Técnico, University of Lisbon.
Creative Director
David Lobo leads the creative direction of the Group’s developments, with responsibility for brand identity, marketing, visual communication and project presentation. He ensures that each development is expressed with clarity, distinction and consistency across every commercial and communication touchpoint.
David holds an Integrated Master’s Degree in Architecture from the Faculty of Architecture, Lusíada University of Lisbon, and has also studied at the Faculty of Fine Arts, University of Lisbon.
Executive Assistante & Office Manager
Emilia Canaro provides direct support to the Group’s executive leadership and plays a central role in coordinating its day-to-day operations. Her responsibilities encompass executive administration, scheduling, internal coordination and office management, helping ensure that the organisation operates with efficiency, discretion and precision.
Emilia holds a Degree in Tourism and Hospitality Management, specialising in Human Resources, from Sant Ignasi School of Tourism and Hospitality Management, Ramon Llull University, Barcelona.
Learn more about us and our investment approach
Our Portfolio
We hand pick the most prestigious locations that can inspire unique properties that meet the highest standards in every detail.
Investors
We structure select investment opportunities grounded in discipline, clarity, and a long-term approach to value creation.
Process & Methodolody
Our aim is to deliver an end result that embodies a timeless investment of unparalleled quality and sophistication.