Tag: CCC

Merlin Expects Torre Glòries to be Fully Occupied by 2019

7 June 2019 – Expansión

Following the stoppage during the final quarter of last year, which was attributed to political instability, the first few months of 2018 have reactivated the real estate sector and the footfall in the shopping centres of Barcelona; and one of the clearest examples of this change in trend is Torre Glòries, one of Merlin’s main assets in the Catalan capital. The firm’s CEO, Ismael Clemente, explained during an information session at the International Logistics Fair (‘Salón Internacional de la Logística’ or SIL) in Barcelona that the office complex will be fully occupied by 2019.

The first tenant is going to be the Austrian firm CCC, which will work for Facebook and which has leased eight floors, with the option of leasing five more. That firm will start to move into Torre Glòries on 1 July. “After finding out that the EMA would not move to Barcelona, we thought that it might be hard to fully let the building three years after the refurbishment work finished (in June), but now we see that in six months we are going to have 80% of the property occupied and that by 2019, it will be full”, said the Director. Merlin is negotiating with two other companies from the technology sector, which will allow the listed Socimi to hang up the “No vacancy” sign if the most optimistic forecasts are fulfilled.

Investment

At SIL, Merlin unveiled its plans to expand its logistics offering over the next two or three years (…).

Original story: Expansión (by A. Zanón)

Translation: Carmel Drake

Facebook in Torre Glòries: CCC Will Provide Anti Fake News Services to the US Giant

7 May 2018 – Eje Prime

The US giant Facebook has chosen Barcelona. According to sources in the sector, the California-based company has engaged Competence Call Center, which announced its moved to Torre Glòries two weeks ago, to fight against fake content on its platform. In this space, CCC is going to employ more than 500 people who will work directly for the technology giant in the building owned by Merlin.

CCC is going to occupy 10 floors in the building located in the 22@ district. Facebook has already opened another content control centre in Europe together with CCC in Germany, a model that it is now going to replicate in Barcelona, according to Cinco Dias.

Measuring 142 m tall and with a gross leasable area of 37,614 m2, the building in Barcelona has received investment amounting to €15 million from Merlin. After the departure of the EMA, the Socimi decided to convert the property into a multi-tenant space aimed at the office sector.

The building was designed by the architects Jean Nouvel and Fermín Vázquez and inaugurated in 2005. It has 34 above ground floors and an auditorium with capacity for more than 350 people. In addition, the building has another four floors for parking with 300 spaces. In total, the property spans a surface area of 51,485 m2.

The real estate group acquired the building in January 2017 for €142 million. With this operation, the Socimi avoided the tourist moratorium imposed by the mayor of Barcelona, Ada Colau, which prevented Emin Capital from opening a luxury hotel in the famous tower.

Emin Capital reached an agreement with Agbar at the end of 2013 to acquire the building for €150 million. That commitment materialised at the beginning of 2016 when the group made its first payment of €35 million.

The 22@ district is the main area of growth in the office market in Barcelona, having consolidated its position as a magnet for international innovative companies such as Cisco, Ebay, Yahoo, Deutsche Telekom, Sage, SAP, Capgemini and Indra, amongst others.

Original story: Eje Prime

Translation: Carmel Drake