The movements in the real estate sector happen to a year that promises to Spanish brick after the investment be placed at 2014 levels prior to the crisis. Arcane independent financial advisory firm, has joined Eduardo Fernandez-Cuesta as a new member of the group, whose goal this year is to jump right into the property market at a time of clear recovery.Fernandez-Cuesta, who until August 2013 held the presidency of CBRE Spain, will be responsible for leading the Arcane bet for real estate area with the creation, first, of investment vehicles and, secondly, the implementation of an area of corporate finance for real estate. A division would provide, among other advisory services related to corporate operations in this sector, mergers and acquisitions of companies, corporate debt restructuring or business valuation.Arcano has chosen for his coming-out in this market to a man with over 25 years of experience behind him, with a significant track record on the Spanish real estate sector since has witnessed years of experienced binge heat of boom and the ravages caused by the crisis.His resume speaks for itself. In his 25 years in the consulting, Fernandez-Cuesta he worked in the investment department and promotions for later lead the residential area. In 1998 he became president of the company in Spain until last summer took command of the firm Adolfo Ramirez-Escudero. Since 2013 he is also president of Royal Institution of Chartered Surveyors (RICS), a global organization of real estate professionals."I face this professional challenge with enormous enthusiasm and confidence. Arcano Real Estate provides a competitive advantage to the real estate sector in Spain thanks to our team of professionals, the reference position that the firm has in the market, and deep knowledge we have the industry and its key players, "said Eduardo Fernandez-Cuesta, who will become the 13th member of a group led by Álvaro de Remedios as president and Jaime Carvajal, as CEO.
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Telefónica has begun to drop ballast housing. And it does so at a time when investors are no longer on the market plan to materialize operations. According to sources in the industry, the company headed by Cesar Alierta has closed in recent months the sale of five buildings, for which he has entered EUR 65 million and seeks buyer for four other properties, for which expects another 60 million .Quoted designed a real estate efficiency plan for 2014 and 2015 that included the sale of nine buildings, with the impending technological changes, be totally obsolete in less than a decade, while the proceeds will make the investment necessary to adapt to changing times, as recognized from the company. Telefónica will continue in buildings as tenant-which in real estate parlance is known as sale & leaseback- seven to ten years, so that once the lease the new owner may dispose of the property completely.Currently -and although the market expected to go on sale new assets-, Telefónica seeks buyer for three buildings in Madrid (street Irun, near the Plaza de Santo Domingo and Moratalaz) and one in Barcelona, in the neighborhood of La Sagrera.These include the building in the Plaza de Santo Domingo, a few meters from Gran Vía, a very attractive asset for its location but also for its urban classification: Residential. Although Telefonica remain as a tenant for several years, the future buyer of the property may destine to houses in an area with a shortage of supply. It emphasizes the building of the road Irun, just ten minutes walk from Plaza de Spain and Principe Pio station, which may also become future homes. The last property for sale in Madrid, 5,800 square meters, is located in Moratalaz and also has residential use, as located in La Sagrera, Barcelona.Indeed, seven of the nine buildings offered for sale by Telefonica offer residential qualification. Only two have no such rating. The first, the building was purchased by the owner of Valencia Sausages Martinez, located in the Plaza del Ayuntamiento and has seven floors and almost 4,000 square meters. The urban classification of this property is for infrastructure. The second, the historical headquarters of Telefónica in Bilbao, at Buenos Aires, 5,500 square meters and sold a few weeks ago, has dotacional rating with commercial alternative use.
Read more: http://www.elconfidencial.com/vivienda/2015-01-28/telefonica-busca-comprador-para-edificios-en-madrid-y-barcelona-por-60-millones_631207/
The property, valued at 400 million, was owned by a consortium of companies.
36,376 square meters spread over nine floors tertiary and commercial use.
The first fortune of Spain further strengthens its investments in real estate.
The acquisition of these buildings soars 212% compared to 2013, due to the operations of international investors including Blackstone and new estate as Hispania and Merlin Properties.
Concludes the opening of 12 new agencies in Spain and seven internationally. The real estate chain has a total of 174 agencies.
Madrid and Valencia are the areas with the highest demand for new real estate agencies.
Totaled 2,520 million euros, representing 40% of volume in non-residential.
The average price of office rents are stabilizing after years of adjustment.
One of the latest applications instagram is becoming the best way to teach homes without wasting time. "Hyperlapse" allows you to display any video on an accelerated basis. Initially, users had used to show landscapes, mass events, sightseeing.But it has now been discovered that it is an excellent tool to display within a few seconds and sympathetically inside a home, an office or a store.The White House clung to his instagram account a 'hyperlapse "where the interior of the mansion of President of the United States in seconds is. The camera moves through the halls and classrooms, historical paintings, lamps, flags, offices appear.If the White House uses it for that, why not use it to sell or rent housing showing the inside of it within seconds?The "hyperlapse" for now is an application that can only be downloaded for iphone (currently only available for ios) and the instructions are in Spanish and Catalan. The difference with the usual "hypelapse" is that those cases had to hold the camera and film.Instead, "hyperlapse" allows you to move the camera and create a surprising dynamic effect. and one of the things that stands out is that it has an automatic stabilizer corrects jumps and sudden movements. It is as if the camera was handled by a professional in the world of cinema.The application also recorded seven speeds so that it can display housing in the function of normal movement (1x) to a hiperrápida camera (12x)."Hyperlapse" also is being used to display clothes shops or offices. The Cosmopolitan magazine used to display its offices in New York.The applications are endless: be it buildings, neighborhoods, streets and interiors of a hotel. And why not a big city like Chicago? all at breakneck speed. (Source Idealista.com)
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