Mapfre Inaugurates Newly-Renovated Office Building In Plaza De La Independencia

26 October 2017 – Inmodiario

Mapfre has started the hand over to its tenants of the building on Plaza de la Independencia 6, in Madrid. Dokei RE prepared the execution and activity plans.

Dokei RE was awarded the full scope commission, including the writing of the due diligence report for the acquisition of the building, determining and limiting the risks of the development, logging the necessary urban planning queries given that the building is surrounded by several historical monuments, performing the Project Management services and coordinating all of the teams involved in the construction work.

The building, located in a unique position, in an unparalleled environment, has been renovated in accordance with the highest quality standards in terms of its finishes, installations, as well as sustainability. It has an A-rated Energy Certificate and a Gold Leed rating.

The property comprises open-plan floors, without any pillars, which allows for the maximum efficiency and natural light from 4 of the 5 façades (…).

With a total constructed surface area of 11,568 m2, of which 7,559 m2 is above ground and a useful surface area of 9,893 m2, “Plaza de la Independencia has sought to install the best acoustic and thermal insulation, and as such, all of the external windows and doors have been replaced and the insulation of the façades has been reinforced (…). Moreover, the use of a highly efficient air conditioning system has allowed us to obtain an A energy rating”, said Jesús Lanzón, Director at dokei RE (…).

The building has a car park, paved with resin and equipped with LED lighting; meanwhile, the basement level has parking space for bikes and a changing room/shower area.

Original story: Inmodiario

Translation: Carmel Drake

50% Of Lagasca 99’s Luxury Homes Have Been Pre-Reserved

27 March 2017 – Expansión

A “unique” project, destined to become a “European and international architectural icon”. That is the ambitious challenge that the Socimi Lar España and the largest fund manager Pimco have set themselves in an unusual project for both partners, namely: the luxury residential building, Lagasca 99. Lar España and its largest shareholder purchased the company Juan Bravo 3 at the end of 2014. At the time, the company owned the plot of land at the address of its name, in the exclusive neighbourhood of Madrid.

The company had been created in December 2006 by the real estate company Eurosazor, controlled by the businessman Rafael Ortiz. Ortiz had wanted to construct the most exclusive development in the capital, inspired by the One Hyde skyscraper in London. Nevertheless, financial difficulties left Eurosazor and Juan Bravo 3 filing for bankruptcy and the project never got off the ground. Then, Lar and Pimco invested €120 million to acquire the plot of land (along with the loans linked to the company that owned that land) and, ten years later, and also with the support of the renowned architect Rafael de la Hoz, the development has now resumed with a novel concept.

The future property, which will have a constructed surface area of 26,203 m2, will contain 44 homes, compared with the 60 units that Eurosazor had planned, and the 55 that were initially proposed by the new owners. These homes, spread over nine floors plus penthouses, will be located at different heights, including duplexes with ceilings measuring more than five metres high and duplex penthouses measuring up to 700 m2, including terraces and private swimming pools.

The building, which will offer five different types of homes, will incorporate elements such as bevelled corners and shark fins on the windows, which will allow natural light to enter the homes whilst at the same time ensuring the privacy of residents. Each home will have a minimum surface area of 330 m2 and will be sold for around €12,00/m2, and up to €14,000/m2 for the most exclusive units, say sources in the sector. In addition, each property will include two or three parking spaces – Colliers International will be responsible for marketing the properties.

The buyers of these exclusive homes (pre-reservations already exist for 50%) will have access to a gym and indoor swimming pool, as well as a wellness centre and a rooftop garden with an outdoor pool and landscaped roof. The development is expected to be ready by the beginning of 2018.

Lagasca 99 will compete against homes in the Canalejas complex to become the most luxurious development in Madrid. Located next to Puerta del Sol, the project run by Villar Mir (which Mark Scheinberg has just acquired a stake in) will build around twenty luxury apartments. Their residents will have access to the services of the five-star hotel in the same building, which will be operated by the Four Seasons chain.

Original story: Expansión (by Rocío Ruiz)

Translation: Carmel Drake