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Elandis Enters Spanish Market with First European Office

Madrid—Miami-based Elandis, real estate development and management company of the Libra Group throughout the Americas, entered the European market with a new office in the Spanish capital city of Madrid.   The new venture will offer the possibility to explore numerous residential, commercial and hospitality sector investment and management opportunities throughout Spain. Elandis in Spain will consider a wide range of investments typically in the $16.7 million to $55.5 million region–not only in the country’s main cities but in all of its autonomous regions. The new division is looking to replicate Elandis’s strong track record in the acquisition, improvement and sale of real estate across the Americas.   “We are confident that our investment strategies and property management methodologies, now well-proven in the Americas, will be highly relevant to the real estate market in Spain,” said Frank Espinosa, CEO of Elandis, in prepared remarks. “Our team in Madrid is all about professional, flexible investment decisions and will consider the whole range of real estate asset classes. We are accustomed to working internationally and this new office opens up many new opportunities.”   Elandis has particular knowledge in restoring and refurbishing multifamily properties and considerable experience in owning and developing hotel assets for the hospitality industry. It is currently partnering with Hyatt Hotels to develop and own nine branded hotels in major towns and cities across Brazil.   The company has 2,500 residential units, 25 hotels and 10 real estate development projects across six countries, as well as a portfolio of more than 5.8 million square feet developed and under development.

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IMMOFINANZ with significant increase in office portfolio occupancy: plus seven percentage points to 82%

IMMOFINANZ raised the occupancy level in its office standing investments by roughly seven percentage points to nearly 82% by the end of the 2015/16 financial year (as of 30 April 2016). Rentals in the office segment totalled approx. 388,000 sqm, or 29% of the total area, according to preliminary numbers.

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Enrique Losantos appointed Managing Director of JLL in Spain

JLL, the international real estate services provider, has appointed Enrique Losantos as its new Managing Director for Spain. Losantos has been the Director of JLL's Investor Business in Spain since April last year, a role he will now combine with his new country leadership responsibilities.

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Skanska Recognized by the Jury of CEEQA Awards 2016

Skanska continues its winning streak at the most important events of the commercial real estate market. During this year’s CEEQA Awards ceremony, Skanska Commercial Development Europe won the highest number of awards among all developers – the company was recognized with four awards in key categories.

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CBRE Global Investors Acquires a Portfolio of 16 Logistics Assets in Spain

CBRE Global Investors has completed the acquisition of a portfolio of 16 logistics assets totaling 250,000 sqm on behalf of one of its separate account clients.

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Interview with Lotfi EL-Ghandouri: Creative Society Group Founder and Co-Founder of Impact HUB

Lotfi EL-Ghandouri, a world citizen and eternal nomad, born in Tunisia, raised in Quebec and based in Madrid. Entrepreneur, author and international speaker.



Date Business Center Tenant m2 Agency
2016 Q1 Il.Lumina Coca Cola 2400 Aguirre Newman, Cushmann & Wakefield
2016 Q1 Viladecans B. Park, Edif. Australia Thyssenkrupp Elevadores 1000 Aguirre Newman
2016 Q1 Sancho de Ávila 52 Computacenter 6000 Jones Lang Lasalle

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Office Market Service Companies

Office Rental Knowledge Base

You Should Know Before Selecting an Office Building

Together with the partner and with competition

In order to have more efficient customer relations and also for work related reasons, it is worth to set up our office in the neighborhood of the specific client base. For example if you are working with the bank sector or financial companies, the downtown area is usually the best choice. It also would not hurt if we are close to those companies with whom we are in the same boat. It is also not negligible from a prestige point of view if the contractor is in the district or part of the city where the center of its industry is located. For example we can find next to each other the biggest advertising agencies, newspapers, book publishers.

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What does Virtual Office mean?

A virtual office is a combination of off-site live communication and address services that allow users to reduce traditional office costs while maintaining business professionalism. Frequently the term is confused with “office business centers” or “executive suites” which demand a conventional lease whereas a true virtual office does not require that expense.

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Green Building Certificates – LEED

In the United States and in a number of other countries around the world, LEED - Leadership in Energy and Environmental Design - certification is the recognized standard for measuring building sustainability. Achieving LEED certification is the best way for you to demonstrate that your building project is truly "green." The LEED rating system offers four certification levels for new construction -- Certified, Silver, Gold and Platinum -- that correspond to the number of credits accrued in five green design categories: sustainable sites, water efficiency, energy and atmosphere, materials and resources and indoor environmental quality. LEED standards cover new commercial construction and major renovation projects, interiors projects and existing building operations. Standards are under development to cover commercial "core & shell" construction, new home construction and neighborhood developments.

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