Caledonian Finalises the Rental of its Luxury Office Project

The property developer led by Enrique López has managed to rent 76% of the 3,000 square metres in the unique complex designed by the Brazilian architect Marcio Kogan.

One year after its launch, the property developer Caledonian is immersed in the construction of its first office development. After years focusing on the promotion of luxury housing, the company led by Enrique López Granados decided last year to transfer its exclusive architecture model to the office segment, with the development of a business complex in Madrid. Specifically, the company chose the Valdemarín area (Aravaca) for its first venture, an enclave with high purchasing power and well known to the property developer, which has developed several residential projects there.

The project, called Caledonian HQ (HeadQuarters), represented an ambitious proposal for the company, with an estimated investment of €20 million. To this end, it decided to engage its head architect, the Brazilian Marcio Kogan, who through his studio MK27 has designed a complex spanning a constructed surface area of 9,447 square metres on a plot measuring 5,086 square metres, with 3,500 square metres of garden areas. “It will be the first office building on the A6 as you leave Madrid, with easy access from the service road of the A Coruna highway, allowing users to avoid the initial traffic jam on that highway,” explain sources at Caledonian.

Caledonian Buys 10,000 m2 of Land in Central Madrid For Residential Development

14 September 2018 – Eje Prime

Caledonian has increased its land portfolio in Madrid, but this time it has done so in the centre of the Spanish capital. The property developer has purchased a plot spanning 10,000 m2 in the Chamartín district of the city centre. The company plans to construct a residential development on the site, which it will add to the two that it already owns in the municipality of Pozuelo de Alarcón.

The objective of the construction company is to convert an industrial plot into a residential one. On the site, located on Calle Javier Ferrero, the company is planning to build different types of apartments with between one and four bedrooms.

Like on other occasions, Caledonian is going to collaborate this time with the architecture studio MK27, led by the Brazilian Marcio Kogan, to carry out the design of the urbanisation. The development will also have common areas with a gym and indoor and outdoor swimming pools.

The company, founded in 1998 by Enrique López Granados, plans to start work on the construction of the homes at the beginning of 2019. The project managers confirm that the construction work will take approximately one year.

Caledonian’s turnover in 2017 amounted to €25 million. The firm focuses its activity on the north-west of Madrid with projects that include several residential developments containing more than thirty homes.

Original story: Eje Prime

Translation: Carmel Drake