EY Gets Ready To Move 2,500 Professionals To Torre Azca

1 December 2016 – Expansión

EY is preparing to move into Torre Azca, previously known as Torre Titania, and is completing the final details of its move, which will be completed next March. The professional services firm will occupy 22,000 m2 of this 100-m tall building, which is owned by El Corte Inglés.

EY will occupy eleven office floors in this property, whose lower floors are occupied by the distribution group’s department store. EY’s employees will have direct access from the street. Specifically, 2,500 professionals will be located on floors 10 to 18, and the 19th floor will be used for external client meeting rooms, with more than 15 meeting rooms and an auditorium. Meanwhile, the 9th floor will house a canteen and a space for events and training. EY will also have a room with panoramic views of Madrid where it will hold presentations and events.

The firm will place is logo at the top of the tower, which will include more than 28 LED modules and will be visible from the Paseo de la Castellana and from Paseo del Prado. EY has been advised by the real estate consultancy CBRE regarding the design of the new offices and the logo, which is currently being installed.

Besides Torre Azca, EY will also lease 2,000 m2 of additional space in Torre de Mahou for its reprographic team. The President of EY España, José Luis Perelli, explained to Expansión that the move to the tower will be completed in several phases. “Two floors have already been occupied by employees from the finance team, who moved in in October. They are busy resolving questions and ensuring that everything is working property, in an effort to minimise problems when most of the staff move in”.

Perelli explains that the move to the new headquarters responds to a change, not only in the building needs, but also in the culture. “We need collaborative spaces that allow us to prioritise the resolution of clients’ needs with multidisciplinary teams”.

The Director of Human Resources at EY in Spain, José Luis Risco, explained that EY’s staff will be able to work on “any floor in the building because the technological means will allow it”. The company is committed to “paperless, open spaces, without any offices”, which promote flexibility and interaction between workers.

Nevertheless, to facilitate the need for so-called Chinese walls, workers will be able to use soundproof rooms on every floor so that they can work with their teams and have confidential conversations.

In line with current intelligent buildings, EY’s new offices will be equipped with the latest technological solutions. For example, there will be a wifi connection throughout the tower, and the building will have 25 video-conference rooms as well as a centralised system for booking meeting rooms, which will allow users to reserve a meeting room from anywhere in the world using an app.

The new offices are located in the heart of the financial district, just a stone’s throw from Torre Picasso – EY’s headquarters until now – and are well connected in terms of public transport. The property also has a car park.

Original story: Expansión (by Rebeca Arroyo)

Translation: Carmel Drake

El Corte Inglés Leases Iconic Titania Building To EY

27 November 2015 – Expansión

El Corte Inglés has signed a lease contract with the consultancy firm EY, which will occupy the eleven floors of office space in its iconic building, Torre Titania. The property is located in the centre of Madrid on the site of the former Torre Windsor, which burnt down in 2005.

The tower, which forms part of the El Corte Inglés commercial complex on the Castellana, is 111m tall and has 27 floors, five of which are dedicated to underground parking, with another four used for technical aspects (lift machinery, air treatment units, fans, etc..).

The first seven floors above ground were opened in 2011 as the retail area of El Corte Inglés on the Castellana, whilst the remaining eleven floors are reserved for office use and were put on the market for both lease and sale.

According to a statement by EY on Wednesday, the new offices will house its 2,000 employees in Madrid. It added that Titania is one of the most modern and efficient buildings in the capital from an energy perspective.

The property, also known as Torre Azca, is located in the financial district of the same name, says EY, which expects the relocation of its headquarters in Spain to be completed during the first few months of 2017.

It was vital for José Luis Perelli, the President of EY in Spain, to find new headquarters for the company given the growth of its workforce, which will amount to almost 3,000 employees by the end of the year, compared with 2,300 at the end of 2014.

Original story: Expansión

Translation: Carmel Drake