get oriented - Barcelona Meeting Point

Transcription

3
2008
GET ORIENTED
4 - 9 November 2008
BMP, MORE TIMELY THAN EVER:
DEALS AND CONTACTS
IDEAS AND FUTURE
www.bmpsa.com
3
BARCELONA MEETING POINT
Greeting
MOMENTS OF COURAGE
Summary
First of all, I want to thank all the national and international companies that one more year will participate at BMP
for their fidelity. Also, I want to thank those coming to BMP
for the first time for their trustfulness. I sincerely believe that the times that we are living are times that require
courage. Barcelona Meeting Point has been for the last eleven years the industry’s autumn meeting place, where lots
of networking and business deals have been made. Therefore, as the statistics have proven, it has been and it is a
profitable Event servicing the industry.
4 BMP 2008 - Sponsors
5 BMP 2008 - News
10 BMP 2008 - Symposium News
18 Panama “Guest Country”
at BMP 2008
27 Panama “Guest Country”
at BMP 2008 - Exhibitors News
40 “Live & Invest in Brazil
at BMP 2008”
46 BMP 2008 - International
52 BMP 2008 - Exhibitors News
I have always said that the world is for the braves and that those who don’t risk it can’t win
and, thus, my congratulations to those who at difficult times are still here, still present and
investing for the future. For those, there is no crisis because they are still fully implied with
their trademark, their products and willing and ready to make new contacts that will fuel
new business deals.
I also understand those few ones that, for different circumstances, may not be this year with
us, although I do not share their decision. Let me encourage them to keep on going forward
with the professionalism and strength necessary so that next year they may be again with
us. At BMP, they will always have the doors open.
I am sure that this year will again be a profitable one, since we have doubled our efforts
to bring over potential buyers, very especially international pension funds. Also, in our
Symposium, which is an international point of reference, we will have three sessions together with Instituto de la Empresa Familiar as “family offices” are also potential buyers
in our industry.
Panama, as I already mentioned in previous letters, is our guest country, and Sâo Paulo
our guest city. This will bring over many Panamanian and Brazilian professionals that
will enrich our Show with their offers.
Let me finish expressing you all my gratitude for your support and trustfulness.
62 That Was BUMP 2008
Enrique Lacalle
Chairman
BMP According to:
Depósito Legal: X-00000-0000
Exhibitors News
During these years we have made an enormous effort of internationalization, not only in our Barcelona event, but also
Enrique Lacalle
setting up new events outside our borders: one in Buenos
Chairman of the Organizing
Aires, three in Warsaw and one in Bucharest. With them,
Committee of Barcelona Meeting Point
we have contributed to internationalize our industry. Also,
those professionals and companies that followed us and diversified their businesses are now coping with the current crisis in a much softer way.
RIC LEWIS
GARETH PARKER
VAN STULTS
Chief Executive / Senior Managing Director
Director
Managing Director
CURZON GLOBAL PARTNERS /AEW Europe
London
IPD
London
ORION CAPITAL MANAGERS
London
“Barcelona Meeting Point is already a
tradition for me to meet my friends as I
make the most of my time here… without
noticing that I am working”
“The professionals’ words and faces
that I hear and see here at BMP are the
essential complement to really understand
the numbers”
“We come to BMP because it’s an ideal
place to capitalize the informations hot
throughout the whole year and turn them
into initiatives”
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BMP 2008 - Sponsors
“LA CAIXA” will be, for the 10th year in a row,
the leading sponsor of BMP
Founded in 1904, “la Caixa” has assets worth €410,896 million, 10.6 million customers, 5,581 branches
and 27,648 employees. During the first six months of 2008, the “la Caixa” Group increases its recurring
profit by 20,3% to €1,195 million. “la Caixa” controls 78% of Criteria Caixa Corp, the financial company
which owns the largest portfolio of investees in Spain with a market value of €20,329 million (at June
30, 2008). The “la Caixa” welfare foundation, the leading private foundation in Spain, ranking second
in Europe and fifth in the world by budget volume, assigned €400 million to social, environmental,
educational and cultural programs in 2007. In 2008 it has a budget of €500 million.
From left to right: Jesús Escolano, Executive Director, “la Caixa”; Manuel Royes, Special Delegate of the
State at the Consorci de la Zona Franca de Barcelona; Juan María Nin, Managing Director, “la Caixa”, and
Enrique Lacalle, Chairman of Barcelona Meeting Point
MORGAN STANLEY will sponsor the “Dinner of the Leaders”
Morgan Stanley will sponsor the most exclusive function, gathering the top Spanish and foreign
professionals attending BMP. The “Dinner of the Leaders” three previous speakers have been Rodrigo
Rato, former Managing Director of the FMI and former Spain’s Minister of Economy, Lord Simon of
Highbury, former UK’s Minister of Trade, and John Carrafiell, Global Head of Morgan Stanley, who will
be chairing again this year’s dinner. Morgan Stanley is a leading global financial services firm providing
a wide range of investment banking, securities, investment management and credit services. The firm’s
employees serve clients worldwide including corporations, governments, institutions and individuals
from more than 600 offices in 30 countries. Morgan Stanley has had a dedicated real estate business since
1969.Morgan Stanley Real Estate provides a complete range of products and services in the real estate
sector, including mergers and acquisition, restructuring and recapitalization advisory, public and private
debt and equity underwriting, mortgage financing, investment management and asset management.
ENDESA will sponsor “The Presidents Dinner”
and the second BMP Sustainability Awards
ENDESA, the largest electrical power company in Spain has achieved an impressive stage in development
of renewable energy. The private electrical power company in Latin America, ENDESA also operates in
the European Mediterranean arch, notably in Italy. In addition, they are gaining presence in the Spanish
natural gas market.
ENDESA is actively encouraging sustainable construction through a service exclusively directed to
real-estate developers that has total energy solutions, providing both energy and equipment from one
only supplier. These solutions cover any possible needs the developer may have, from electrical and
gas connections to solar energy, air conditioning, including home installation and a complete postsales service. ENDESA’s compromise is for efficient energy and to making sustainability the deferential
element that will improve life quality, creating environmental friendly surroundings.
BMP 2008 - News
The new Minister
of Housing
met with
Enrique Lacalle
Beatriz Corredor, Minister of
Housing, granted the BMP
Chairman, Enrique Lacalle, and
the Managing Director, Josep Pons,
an interview last September 2nd.
During this meeting, the Minister
confirmed her participation at
the 12th edition of Barcelona
Meeting Point showing this way
her support to the Industry that,
one more year, will meet fully in
Barcelona despite the hard times
that it is experiencing.
Beatriz Corredor with Enrique Lacalle at the Minister’s office last September 2nd
Enrique Lacalle received the “Quatrium Award” for his
contribution to the internationalization of the real estate industry
The Chairman of Barcelona Meeting Point received last June 11th at the Juan Carlos Hotel
the Quatrium Award “for his contribution to the internationalization of the real estate
industry”. The Awards celebrated their eight edition in an event that gathered more than
two-hundred industry professionals.
The rest of the categories were:
• To the most innovating offices building. Viladecans Business Park • To the Project Management Company. Inardi • To
the best business management. Alting Grupo Inmobiliario • Quatrium Architecture. L35 Arquitectos • To the real estate
consulting services. Tasinsa • To the Best 5 stars Great Luxury Hotel in Spain. Hotel Majestic • To the best hotel chain.
Hoteles Catalonia • To the largest real estate expansion. Grup Qualitat • To the best construction company. Comsa • To
the development of senior residences. Grupo SAR • To the company with more international projection. Texsa • To the best
development of industrial and logistical parks. Grupo Clapé • Golden Quatrium for real estate trajectory. Asociación de
Promotores Constructores de Edificios de Barcelona y Provincia.
Enrique Lacalle and Josep Mª Rovira, Managing Director of Endesa Cataluña
IRIS PLUS INTERNATIONAL will sponsor the “Live & Invest in
Brazil” Luncheon, to take place on November 6th (by invitation only)
Iris Plus International was born as a solution to a need detected by a group of experts. High yield real
estate products for both institutional and private investors, as well as companies. Based on a viability
and specific marketing study, Iris Plus International offers the possibility to invest its own projects and in
projects developed by exclusive collaborators in high potential markets. Iris Plus International business
operation are worldwide, supported by a network of offices and collaborating companies in the countries
where it has its portfolio
Antoni Franquesa, Director East Area, GAS
NATURAL, handing Enrique Lacalle the Award
All the
awarded
Xabier Indurain, Manager, IrisPlus International, and Enrique Lacalle
MAGMA TURISMO will sponsor the “Live & Invest in Brazil”
Seminar, on November 6th
The consultancy firm Magma Turismo, founded in 2004 by its present partner directors Mr. Bruno Hallé
and Mr. Albert Grau, is characterized fundamentally by its longstanding experience in the real state
investment market in the hospitality industry.
The consultancy firm applies its extensive knowledge, as well as, experience to advise its clients in
a wide variety of areas, such as, project analysis of hospitality investments, research for properties
susceptible of being turned into hotels in the Spanish and International markets, developing plans of
internationalization or diversification, and hospitality repositioning operations, standing out the condo
hotel business model.
Enrique Lacalle and Albert Grau Vidal, Partner of Magma Turismo
Enrique
Lacalle
and
Alfonso
Caride,
President
of In the
World
Magazine
BMP has signed a collaboration agreement
with “In The World” magazine
Enrique Lacalle has signed a collaboration agreement with Alfonso Caride, President of “In the World”
magazine, according to which this renowned magazine will be collaborating media of the Show.
In The World Magazine was released on January 2008, the only press and on-line media published
in Spain specialized in international real estate investment. In The World Magazine looks to become
the optimum vehicle of the information flow, upon qualitative and quantitative basis, among the
developers, investors, brokers and products and services suppliers related to the international real
estate frame hitting them with a format of monthly publication of which they distributed 35,000 units
inserted in the financial newspaper leader in Spain.
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BMP 2008 - News
BMP 2008 - News
BMP, far more than just stands.
After the success of Bucharest Meeting Point
Presentation Rooms within
the Professional Exhibition
Special area devoted exclusively to Central and Eastern
European companies and cities
Barcelona Meeting Point’s Professional Exhibition
n will have this year special
exhibiting ones
presentation rooms to be rented by companies, even non
non-exhibiting
ones, to
carry out special presentations of their developments or services.
For those exhibitors that wish to have a
special area apart from their stand to carry
out a presentation as well as for those
companies that do not have a stand but want
to present a development for a couple of
hours, Barcelona Meeting Point puts at their
disposal special rooms at the Professional
Exhibition. These rooms, that will have a
capacity of approximately 100 people, will
be fully equipped so that the companies may
present the public their latest novelties or the
developments that they wish to promote. It is
important to highlight that it is not necessary
to be an exhibitor to rent these spaces, these
it is not essential to have a stand in order
to do a presentation with all the facilities at
BMP, although the renting price is not the
same for exhibitors (500 €/hour) and nonexhibitors (3,000 €/hour).
For more information, please contact Nuria
Reig at the telephone number:
+34 93 223 4050
or e-mail: comercial@bmpsa.com
Given the success of the last three editions of Central Europe Meeting Point and the first Bucharest Meeting Point, BMP has adapted an area inside the Professional Hall where exhibitors coming exclusively from Central and Eastern Europe will be represented. This space will have companies from Hungary, Bulgaria,
Poland and Romania, among which Danubio Homes, Magyar Ingatlan Tanács (Association of Hungarian professionals), Chorus Land, Gestitram, Excel Group,
City of Gdansk (Poland) or WSSE “Investment Park” of Watbrziych may be highlighted. The area will also have a joint stand organized by Barcelona Meeting
Point with a number of companies that were exhibitors at the last Bucharest Meeting Point.
General view of the exposition area of BUMP 2008 that took place in Bucharest on July 2-4
The “ULI
Young
European
Leaders 2008”
will take place
at BMP
The United Arab
Emirates will have a
presence at BMP 2008
Barcelona Meeting Point will have in its next edition
a delegation of prominent professionals, developers
and investors from the United Arab Emirates. The
Arab Emirates
have been experiencing in
the last years an
unlimited economic boom. Las year, real estate agents calculated that the investments
already implemented in Dubai were close to 150 billion dollars. There
is being constructed what will be the highest building in the world,
Burj Dubai, with approximately 850 meters. The banking industry is
booming and investors are making the best of the actual international
situation in order to invest abroad.
Presentation Rooms at the BMP 2007 Professional Exhibition
BMP has been the
framework chosen by the
“ULI Young European
Leaders” to celebrate its
next conference. This
event, to take place on
Thursday, November 6th,
will gather approximately
40 people aged under
35 who are emerging
leaders in investment and
development industries
across Europe. This
conference offers the
opportunity to the ULI
young leaders to network
andinteract with other
area professionals.
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BMP 2008 - News
BMP 2008 - News
90% of the Professional Exhibition and 85%
of the General Attendance one already taken up
As of August 10th, a ninety per cent of the Professional Exhibition and an eighty-five per cent of the General
Attendance one have already been occupied. The Professional Hall and the Symposium will remain open on
November 4th, 5th and 6th and the General Attendance Exhibition from November 5th until the 9th.
Registration open for the 2nd
edition of the ENDESA Awards
to the Most Sustainable Real
Estate Development
Professional Exhibition News
Following the success of the first edition, registration for the second
ENDESA awards edition to the Most Sustainable Real Estate Development BMP’08, is now open.
The awards aim to promote and encourage sustainable construction, as well
as the recognition of those developers that are currently working towards that
goal. The awards assess the development as a whole, taking into account technical and marketing aspects.
The committee will work from the Asociación Casa Bioclimática
(ADCB -www.casabioclimatica.com) in collaboration with Barcelona Meeting
Point (www.bmpsa.com) and with ENDESA (www.endesa.es), sponsor’s of
the awards.
AWARDS: TWO AWARDS; ONE MENTION:
• Award to “Best Sustainable Real Estate Development 2008”
• Award to “Best Sustainable Real Estate Development 2008 exhibited
at BMP’08”
• Mention to “Best Sustainable Real Estate non-Residential Development 2008”
Marco Menendez, Manager of Hito Espacios; Josep
Maria Rovira, Managing Director of Endesa Catalonia,
and Enrique Lacalle
For information on the guidelines, inquiries, and registration, you may e-mail
info@casabioclimatica.com or visit the ADCB – Casa Bioclimática web (www.
casabioclimatica.com).
Registration will close on September 20, allowing ten days for delivery of materials and documentation. The event will take place on November 5, 2008, during
the dinner under the patronage of ENDESA, within the Barcelona Meeting Point
International Symposium program.
This year, BMP’s Professional
Exhibition will have a special area
devoted especially to Panama, to
be the guest country at BMP 2008.
This area will be represented by more
than 50 exhibiting companies with
an exhibition are of more than 4,000
square meters, which will he allocated
next to “Live & Invest in Brazil”.
The advantage of this area, as well
as the Brazil’s one, is that it will be
open during all the days of the event
(from Tuesday to Thursday only for
professional visitors and from Friday
to Sunday for the general public).
General view of the BMP 2007 Professional Exhibition
“The ULI Knowledge Center”,
meeting point at the Professional Exhibition
In this 12th Edition of Barcelona Meeting Point, the ULI will have more presenece than ever in the professional visitors area
as in the exhibition hall it will have a “Knowledge Center” which will be the meeting point for its members.
ISM and ESIC: Marketing techniques for real estate sales
Barcelona Meeting Point, conscious of the difficult moment that the real estate industry is experiencing, celebrated last July 9 a one-day seminar, in association with the Instituto Superior de Marketing (ISM) High Institute for
Marketing. The seminar focused on practical aspects, and on advice on how
to meet the difficult challenge of reactivating sales. In difficult market circumstances like these, expert professional advice on sales techniques and
marketing are very useful.
Through this seminar, BMP was able to give exhibitors, as well as those that
are still not exhibitors, practical methods to motivate and re-activate the commercial networks of real-estate companies.
During the workshop, the following issues were discussed:
• Adapting to the present situation: a saturated market and minimal
financing How to reactivate sales?
• Develop and practice selling skills during the buying process:
going from exhibiting to discovering
• Improve on commercial argumentative skills
• Refute clients objections
• Learn everything about economic and tax issues implied when purchasing a home, to be able to advice the clients and increase chances
of success
• Techniques on profiting from attending a real estate trade show.
General view of the workshop attendees
Property EU will
report daily from its
“Media Center” at BMP
The renowned Dutch magazine and web page Property EU will have a “Media Center” at the Professional Exhibition from where it will cover BMP daily,
as it already did in MIPIM and will do in EXPOREAL.
PropertyEU will interview several renowned national
and international real estate personalities and will
report on several Symposim topics such as the 22@ ULI Seminar on “Best cities for real estate investors”,
the ULI Seminar on “Beyond the Bleak Horizon. Surviving the Real Estate Crisis”, “Public financing for
private projects”, “EU policies targetting real estate
and the opportunities they open for investors”, and
the three sessions on family offices.
The ULI Knowledge Center and the PropertyEU Media Center will be part of a huge Business Lounge
located at the central gate of the Professional Exhibition at Hall number 8.
Business Lounge at BMP 2007
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BMP 2008 - Symposium News
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The Family Enterprise
Institute will collaborate
with the Symposium
for the first time
“What will the future be like
after the real estate
crisis”, according to the
Urban Land Institute
Given the importance of the great family fortunes, Barcelona Meeting
Point has signed an agreement with the Family Enterprise Institute according to which this institution will collaborate with the Symposium. On
November 4th, three sessions on “family offices” will be held.
The Urban Land Institute, an international association with central headquarters in Washington, has organized on November 5th a Seminar on “Beyond
the Bleak Horizon. Surviving the Real Estate Crisis”. Those who attend the
ULI program will come out of the room with a very good idea of what will the
future be like in the years to come. The first session: “That was then and this is
now” will analyze today’s critical situation, will look for similarities in the crisis’
of the 80’s and 90’s, will comment on lessons to be learned from the past, and on
the challenges that await us.
The following session, “A matter of perspective: Impacts of the Current Crisis in Different Sectors of The Industry” will introduce four real-estate experts to speak on the impact that the crisis has on the sector’s organizations.
The first guest speaker will comment on how both the public and private
sector can minimize the impact of any crisis by joining efforts in effective
and innovative partnerships. The next guest will analyze the crisis’ impact
on current trends and on future investment patterns. The third guest will
The first of this sessions, organized by the Family Enterprise Institute,
will be on “Spanish family offices and the real estate industry”. This session will gather the representatives of very renowned family offices of
three great Spanish professionals that will explain what do they expect
or demand from the real estate industry. The following session, named
“European family offices and the real estate industry” will deal the same
issue from an international point of view. The day will finish with the session “What products and services may the Spanish and the international
real estate industry offer to the family offices in the current situation”.
Lacalle has highlighted the importance of the agreement and the FEI’s
participation, specially considering the important investment that family
enterprises are carrying out through their family offices.
The Family Enterprise Institute (IEF) is a non-profit making association
which operates in Spain and is formed by a group of family businesses. Its
members are all Presidents, Chief Executives or Board Members of the
companies they own.
Enrique Lacalle and Fernando Casado, Director
of the Family Enterprise Institute
Since its foundation in 1992, the Family Enterprise Institute has consolidated its position, anda is now considered to be a competent and
conscientious intermediary in everything that affects family businesses
and their development, and has undergone constant evolution before
reaching the 104 companies that it encompasses today, all of which are
leaders in the industry and service sectors. IEF represents the equivalent
of 16% spanish PIB.
Double morning session on EU policies
targeting real estate and the opportunities
they open for investors
Michael MacBrien, Director General
European Property Federation
BMP has always seen itself as a bridge between
the real estate industry and the European
Union, a meeting point where real estate professionals and European lawmakers can debate
EU real estate policy and build the future together. That’s why the EU REIT Coalition was
founded at BMP 2006 and the campaign for an
EU REIT was launched at BMP 2007.
of Finance and Real Estate, Maastricht University,
Joseph Houlihan, CEO-Europe, Cohen & Steers, Daniel Loureda, CEO of Testa, Joaquim Ribeiro, Finance Director, Sonae Sierra and Chairman of the EU
REIT Coalition, Rosalind Rowe, Partner, Real Estate
Tax, PricewaterhouseCoopers and Fernando Salazar Lacalle, Head of Corporate Banking Southern
Europe, EuroHypo.
In 2008, EU policy targeting real estate has
gone into high gear and BMP is keeping pace
with two major seminars on the morning of 5
November organised by the European Landowners’ Organization, the European Property
Federation, the Royal Institution of Chartered
Surveyors and The European Group of Valuers’
Associations:
Then, after the official opening of BMP by Spanish
housing minister Beatriz Corredor Sierra and PiiaNoora Kauppi, there will be a seminar on the coming EU energy and water performance of buildings
Directives and the opportunities that they open up
for investors and housing markets. Pirjo-Liisa Koskimäki, Head of Energy Efficiency, European Commission, will review ongoing work on the Directives
and a panel of top European real estate industry
experts will debate whether groundbreaking energy and water efficiency renovation and certification
requirements could trigger a boom in green housing
development and renovation. Moderator and panellists include Michael MacBrien, Director General,
European Property Federation, Kate Brown, Group
Director, Environment & Design, Grosvenor, Helen
Gough, Partner, King Sturge, and Roger Messenger,
Chairman of TEGoVA.
In the first seminar, Piia-Noora Kauppi MEP,
Member of the European Parliament’s Economic and Monetary Affairs Committee, will
speak on “REITs and open ended real estate
funds: the new frontier for EU legislators?” and
the EU REIT Coalition will present for the first
time ever their blueprint for an EU legislative
framework for REITs and debate the plans for
REITs and OEREFs with the public. Moderator
and panellists will be Piet Eichholtz, Professor
Bill Kistler, President Europe, Urban Land Institute
John Carrafiell, who already participated at BMP in 2006 and 2007,
will be the opening speaker at the ULI Seminar on November 5th
speak on the possible consequence that the crisis may have on the buildings
currently projected, and the crisis’ impact on the sales market. The fourth
guest speaker will review the requisites for getting financing in a world where lending and credit possibilities have been drastically reduced and capital
is being rationed out.
The closing session “Keeping Green Out the Red – Sustainability in a Volatile Market” will also include four experts that will speak on the following
themes:
“Green capital: new financing resources for a sustainable development.”
How new financial resources such as pension funds, banks or equity investment funds define, asses, support, invest and finance “in green.”
“Creating wealth worth having” How significant amounts of capital could
become solutions to the climate change issue.
“The Mark of Sustainability.” The Leadership in Energy and Environmental
Design (LEED) Green Building Rating System and the BRE Environmental
Assessment Method (BREEAM) are the two main systems for assessing sustainability. A critical look into the effectiveness of these systems; do we need
to change it and how should the new system be?
“New markets, new challenges, old problems” will examine how the new
markets meet the demand for more investment and development with the
demand for sustainability.
Multilateral banks’ financing for private projects
The morning of Thursday, November 6 will be dedicated to how public funding- for example the European Investment Bank or Multilateral Banks,
can finance private projects, divided in three sessions.
The first session will be on “EU funds for urban regeneration: How private developers can benefit from public financing” The second session will
look at “Urban Development Funds: A new concept to foster public-private partnerships for the creation of sustainable cities.” The role of the
European Investment Bank in the recuperation of urban centres will be analyzed. Gianni Carbonaro, Financial Consultant, European Investment
Bank, will be present during both sessions.
The last session “The Multilateral Development Banks: A new alternative for the financing of RE companies all over the World.” Here, the focus
will be on the forgotten or unknown financial resource for the development of a wide variety of projects: from residential to commercial centres,
offices, commercial space, hotels and tourism. During this session issues such as the exact nature of these banks, who can approach them, their
investment criteria, and other practical matters will be thoroughly explained. The session will be Chaired by Joaquín Abos, Senior Consultant,
Raiffeisen International with guest speakers Vitalii Mygashko, Vice President of Operations, Black Sea Trade and Development Bank, and Sylvia
Gansser-Potts, Director of the Real-Estate Division, European Bank of Regional Development.
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In a ULI - 22@ Joint Seminar:
“Best cities for real estate investors”
The Urban Land Institute together
with 22@Barcelona have organized a
one-day seminar for the Symposium
on cities and real estate investment,
to take place on Tuesday November
4. The Welcome Session will have
Bill Kistler, President Europe,
Urban Land Institute, and Josep
Miquel Piqué, CEO, 22@BarceloBill Kistler
Josep Miquel Piqué
na as speakers. Afterwards will take
place the session “Cities, Development and Investment: the new challenge.”
Chair Greg Clark, Senior Fellow, Urban Land Institute
EMEA will analyze the imperatives that challenge European cities in relation to investment and development in
today’s current economic situation. He will explain how
cities, investors and developers can work together in an
effort to ride out the storm and come out stronger and
better prepared for the unpredictable future.
The second session, “Investing in the Knowledge Economy:
Cities of the future” will be moderated by Alfonso VegaGreg Clark
ra, Director, Fundación Metrópoli, and will have as guest
speakers Antonella Broglia, Partner, Infonomia, Aurora López, Director of
Urban Planning, 22@Barcelona, and Juergen BrunsBerentelg, Chief Executive Officer, HafenCity. They will
focus on urbanism and cities in the
21st century. The speakers will debate on how cities should integrate
new patterns relevant to an economy based on knowledge. Alfonso
Vegara will explain how cities are
getting ready and will comment on
Alfonso Vegara
international methods on intelligent
or creative domains. Aurora López will analyze the project
22@Barcelona, the innovative city district that is turning
Antonella Broglia
old city areas into the new Knowledge Economy Centre.
Lastly, Antonella Broglia will examine the cities of the future, those prepared to
reinvent themselves in a commitment to the Knowledge Economy.
The following session “City leaders and Investment Leaders:
How will cities look in 2015?”, Moderator Greg Clark, guest
speakers Mateu Turró, Associate Director, European Investment Bank and Markus Leininger, Head, Corporate Banking Northern, Central, Eastern Europe, Euro Hypo, will focus
on investors’ main interests and opportunities in urban areas.
In addition, it will look at the possibilities of profiting from developing urban markets in Europe.
Markus Leininger
During the Luncheon, Keynote
Speaker Jordi William Carnes,
Deputy Mayor of Barcelona and President, 22@Barcelona,
will present the European Urban Investment Network, a
new association for cities, investors and developers that will
function as go-between through a new and innovative collaboration among city and investors/developers.
Jordi William Carnes
The first afternoon session, “Sustainability and Infrastructure for Knowledge Cities: What to Invest in?” will be moderated by Nick Leon, Director, Design London and will have as guest speakers Sascha Haselmayer, Director,
Interlace-Invent, Karsten Horx, Managing Director, Euroland Projektierungen and
Ramón Sagarra, Director, Infrastructures, 22@Barcelona. They will debate why
projects such as the innovative city district project by 22@
Barcelona, evidence the need for investing in new services
that will earn a higher satisfactory experience for the end
user, the occupier of the space. The speakers will present
surveys on the benefits of investing in new infrastructures to
provide a higher added value to the end-user, as well as examples of existing innovative projects adapted to the Knowledge Economy (i.e. Euroland) and how innovative cities are
engaged in encouraging talent and global businesses.
During the last session “End Users in Knowledge City’s:
What Makes the difference?” speaker Josep Mª Vilà, Managing Director, Indra
will analyze what needs do businesses’ have and how to satisfy them, while withstanding the current market turbulences. For example, 22@Barcelona: close to the
city centre, good communication structures and top-level telecommunications,
excellent relationship with the city and well integrated, results in an ecosystem
that allows businesses to efficiently develop their activities.
The IESE will organize
two outstanding Symposium sessions
José Luis Suárez, Profesor, IESE
Good deals still
possible
in Central and
Eastern Europe
REAS has organized two Symposium sessions that will take place on
Thursday morning, November 6 sessions. The first session, “Potential
and Variety –What Central and Eastern Europe still has to offer”, chaired by Władysław Jan Brzeski,
FRICS, Partner, REAS, along with
guest speakers: Charles Krick, DiWładysław Jan Brzeski
rector Bucharest Office, Jones Lang
LaSalle and Paweł Sztejter, Partner, REAS, will analyze investment opportunities. Compare the more mature markets such
as Poland or Hungary with those that are slowly maturing such
as Romania and Bulgaria or developing like Ukraine or even
looking for a better future such as
Serbia or Moldavia, or going through
a crisis like the Baltic States; and
study the best possible locations for
better investment returns.
NIck Leon
Today’s real estate crisis isn’t the first and won’t be the last. To
learn about the past, IESE Business School, ranked among the
top in the world, has organized two Symposium sessions. The
first session, chaired by José Luis Suárez, Professor, IESE, “The
experience of the real estate crisis of 1992 in Spain and what
we can learn from it today”, will be on how past experience can
help us handle the situation today; estimate the duration of the
crisis, plan on what to do with projects underway and how to
overcome pessimism.
The second session, “Restructure of real estates company’s liabilities” will look at financing, a vital issue in today’s critical situation, aggravated by the sub-prime mortgages financial crisis.
13
Kazimierz Kirejczyk
The following session, “Financial
Investment in Central and Eastern Europe: Risks and Opportunities” will be chaired by Kazimierz
Kirejczyk, President, REAS. This
session will examine the true real
estate financial organization, existing risks and how to minimize and
overcome possible difficulties.
“The world’s most exciting
markets: Russia, India,
Brazil - non-crisis markets
or danger zones”
Tuesday November 4th - 4:30 p.m. - 5:45 p.m.
The President of the GRI,
Henri Alster, has already
confirmed his participation
at the Symposium with
the organization of sessions which will analyze
the international real estate investment flows in the
present situation of credit restriction. Alster will
mainly focus on non-crisis
markets as Brazil, India
and Russia.
The speakers will be Joao
Henri Alster
Crestana, President of
SECOVI-SP; Arun Nanda, Executive Director & President of
Mahindra & Mahindra, and Richard Sobel, CEO of Alfa Capital Partners, among others.
The IPD to analyze Europe’s investment markets
This year’s Symposium will have a new collaborator: Investment Property Databank (IPD). The IPD will organize three
sessions to be held on the morning of November 4th on real estate investment in Europe.
The first session, “Real estate investment in Western European markets: The Best of the West”, will analyze the various ways
in with the single markets have weathered the storm and why the impact has differed so much in scale and timing. Also, it
will explore how an understanding of the individuality of marketplaces and investment sectors can lead to above average investment opportunities for the analytical investor. The session will be moderated by Malcolm Fodsham, Head of Research,
IPD, and will have as speakers Martin J. Brühl, Managing Partner Germany, Cushman & Wakefield, Jean Pierre Petit,
Strategic Managing Director, Exane PNB Paribas (to be confirmed) and Maurizio Grillo, Group Senior Research Analyst, Grosvenor.
The session “Real Estaet investment in CEE markets: How East is East?” moderated by Nassos Manginas, Head of CEE, IPD and with
Ekaterina Konstantinova, Head of Real Estate Group, Renaissance Capital (to be confirmed); Nadja Savic, Associate, CB Richard Ellis
Investors; Alejandro Solano, Managing Director, Hercesa Inmobiliaria Bucharest as speakers. They will analyze if the CEE countries and
their Asian neighbors will become mainstream members of the global real estate community as the Western countries have. Also, they will try
to foresee how long will it take for the transformation to achieve its full potential.
Lastly, the session “Iberia as a Real Estate Destination: Europe’s West and Beyond” will be moderated by Pablo Serrano, Cuaderno Inmobiliario, and will have as speakers Oscar Cabanes, Bouygues (to be confirmed), Ismael Clemente, Managing Director, RREEF Europe, and
Angel Serrano, Business Managing Director, Aguirre Newman. There are attractive investment opportunities in Iberia. The Iberian marketplace is now mature in terms of efficiency and transparency, as new instruments are developed for investment via institutions and property
funds. Spain and Portugal can now build upon their historical ties and geographical position to provide a launch pad for investment in the
emerging markets of Africa and South America.
14
15
Some of the Symposium Speakers
Some of the Symposium Speakers
(As of September 1st)
(As of September 1st)
Joaquín Abós
Luis Alonso
Henri Alster
Rubén Arosemena
Antonella Broglia
David Lorenz
David Loureda
Esme Lowe
Joan Llort
Michael MacBrien
Senior Advisor-Spain
Raiffeisen Int. Bank-Holding AG
(Member of RZB Group)
Málaga
Architect
Alonso, Balaguer y Arquitectos
Asociados
Barcelona
Chairman
The Global Real Estate
Institute
London
Second
Vice-President
Panama
Partner
Infonomia
Barcelona
Managing Director
AAAcon Gmbh
Leipzig
CEO
Testa
Madrid
Managing Director
Climate Change Capital
London
Managing Director of Strategic
Acts and Floor Politics
Generalitat de Catalunya
Barcelona
Managing Director
European Property Federation
Brussels
Martin Brühl
Władysław Jan Brzeski
Gianni Carbonaro
Jordi William Carnes
John Carrafiell
Eduardo Maldonado
Nassos Manginas
Roger Messenger
Joe Montgomery
Vitalii Mygashko
Managing Partner Germany
Cushman & Wakefield LLP
Frankfurt
Partner
REAS
Cracovia
Economic Adviser
EIB
Luxembourg
Deputy Mayor
City of Barcelona
Barcelona
Global Head
Morgan Stanley
Real Estate Investing
Madrid
Professor
Facultade de Engenharia da
Universidade do Porto
Porto
Head of CEE
IPD
London
Chairman of the Board
TEGoVA
London
Director General
Department of Communities
and Local Government
Londres
Vice President Operations
Black Sea Trade and
Development Bank
Thessaloniki
Greg Clark
Malcolm Frodsham
Sr. D. Gabriel Diez
José Ignacio Galán
Sylvia Gansser-Potts
Josep Miquel Piqué
Joaquim Ribeiro
Fernando Salazar
J. Sanchez Izquierdo
Nadja Savic
Senior Fellow
ULI EMEA
London
Head of Research
IPD
London
Minister of Housing
Panama
Manging Director
L35 Arquitectos
Barcelona
Director of Property Team
European Bank of Regional
Development
London
CEO
22@Barcelona
Barcelona
Chairman
EU REIT Coalition
Brussels
Head of Corporate Banking
for Southern Europe
Eurohypo
Eschborn
Partner
Consultoría y Desarrollos
Urbanos
Madrid
Associate
CB Richc Ellis Investors
London
Pedro Gil
Sra. Dña. Carmen Gisela
Helen Gough
Joseph Houlihan
Kazimierz Kirejczyk
Angel Serrano
Pablo Serrano
Richard Sobel
Alejandro Solano
José Luis Suárez
CEO
Gladius Consulting
Real Estate
Madrid
Minister of Trade
and Industry
Panama
Partner
King Sturge
London
CEO - Europe
Cohen & Steers
London
President
REAS
Warsaw
Business Managing Director
Aguirre Newman
Madrid
CEO
Cuaderno Inmobiliario
Madrid
CEO
Alfa Capital Partners
Moscow
Managing Director
Hercesa Inmobiliaria
Bucharest
Bucarest
Professor
IESE Business School
Madrid
William Kistler
Nils Kok
Charles Krick
Markus Leininger
Nick Leon
Haluk Sur
Paweł Sztejter
Tomasz Trzósło
Alfonso Vegara
John Verpeleti
President Europe
The Urban Land Institute
London
Professor
Maastricht University Faculty
Maastricht
Head of Bucharest
Office
Jones Lang LaSalle
Bucharest
Head of Corp. Banking Nort.,
Central and Eastern Europe
Eurohypo AG
Eschborn
Director
Design London
London
President
Paladin Realty Partners
Eurasia
Istanbul
Partner
REAS
Warsaw
Head of Investment
Jones Lang LaSalle
Warsaw
Director
Fundación Metrópol
Madrid
Regional Head in Central
and Eastern Europe
AXA REIM Central Europe
Budapest
16
Symposium Program
Tuesday, November 4th
22@ - ULI
IPD
“Best Cities for Real Estate Investors”
09:00
09:15
“Welcome. Opening Remarks”
“Cities, Development, and Investment:
The New Challenge”
10:00
11:30
“Investing in the Knowledge Economy:
Cities of the Future”
11:45
13:15
SYMPOSIUM
IESE
BARCELONA, November 4th, 5th & 6th, 2008
09:30
10:45
“Real Estate Investment in Western European
Markets: The Best of the West”
11:00
12:15
09:15
10:00
17
11:00
12:15
“Real Estate Investment in CEE Markets: How
East is East?”
12:30
13:45
“Real Estate Investment in Iberia:
Europe’s West and Beyond”
“The Experience of the Real Estate Crisis of
1992 in Spain: Lessons for Today’s Problems”
SYMPOSIUM REGISTRATION FORM
The Symposium Registration Form gives free access every day to the Professional and General Attendance Halls.
12:30
13:45
“Debt Restructuring in Real Estate
Companies Today”
“City Leaders and Investment Leaders:
How Cities will Look in 2015?”
Please, complete this form and send it to our offices by fax along with the corresponding payment. For additional registrations, please make a copy of this form.
Name Last Name .................................................................................................................................................................................................................................. ....... Title
..........................................................................................................................................................................................................................
Company .................................................................................................................................................................................................................................................................. VAT Nº ..................................................................................................................................................................................................................
13:30
15:45
Luncheon (by invitation only)
16:15
17:30
“Sustainability and Infrastructure for
Knowledge Cities: What to Invest in?”
17:45
18:30
18:45
19:30
GRI
IEF
Address ....................................................................................................................................................................................................................................................................... Activity ...............................................................................................................................................................................................................
16:30
17:45
16:30
17:30
“What Do Spanish Family Offices Expect
from the Real Estate Sector?”
“End Users in the Knowledge Cities.
What Makes the Difference?”
17:45
18:45
“What Do European Family Offices
Expect from the Real Estate Sector?”
Cocktail
19:00
20:00
“Advices for the Family Offices’ Efficient
Management of Turbulent Property Markets”
“The World’s Most Exciting Markets: Russia, India,
Brazil. Non-Crisis Markets or Danger Zones?”
City ................................................................................................................................................................... Province ................................................................................................................. Zip Code .................................................. Country ................................................................................
Telephone ............................................................................................................................................................... Fax .................................................................................................................................... e-mail .............................................................................................................................................................
Wednesday, November 5th
ULI
ELO, EPF, RICS & TEGoVA
“Beyond the Bleak Horizon.
Surviving the Real Estate Crisis”
“EU Policies Targeting Real Estate and the Opportunities
They Open for Investors”
09:15
09:50
“That Was Then and This is Now”
09:50
11:30
“A Matter of Perspective: Impacts of the Current Crisis in Different
Sectors of the Industry”
09:30
11:00
AECC
Assoc. Nº
.................................................................................................................................................................
ESADE Assoc. Nº
.................................................................................................................................................................
APCE
Assoc. Nº
.................................................................................................................................................................
IESE
Assoc. Nº
.................................................................................................................................................................
EPF
Assoc. Nº
.................................................................................................................................................................
ULI
Assoc. Nº
.................................................................................................................................................................
“EARLY BIRD” REDUCED REGISTRATION FEE (until Sept. 30th): € 800 (+7% VAT)
Regular Registration Fee from October 1 st: € 1,100 (+7% VAT)
12:30
13:45
12:00
14:00
“An EU REI and an EU Passport for Open Ended
Real Estate Funds – Making Europe the largest and most efficient
property capital market in the world”
Please mark with an X the corresponding cell if you are a member of one of the following associations:
“The Coming EU Energy and Water Performance of Buildings Directives
– Good news for energy and water supply and an opportunity for
property investors and markets”
Please, mark your payment option below.
After October 20th only credit card and bank transfer payment will be accepted.
“Keeping Green Out of the Red. Sustainability in a Volatile Market”
Architecture
Credit Card
VISA
AMEX
Master Card
Cardholder
..........................................................................................................................................................................................................
(The name must be as it appears in the credit card)
16:30
18:00
“Catalan Architecture all over the World”
18:30
20:00
“The Functional Promiscuity of Buildings as a Key for the Future”
Credit Card Nº ..................................................................................................................... Exp. Date: ..................................................................................................... Signature:
Banc Transfer:
Thursday, November 6th
B.M.P., Barcelona Meeting Point, S.A.U.
La Caixa. Paseo de la Zona Franca, 242. 08038 Barcelona. Spain
Acc. Nº 2100 / 0840 / 41 / 0200563016
Swift Code: CAIXESBBXXX
IBAN Code ES77 / 2100 / 0840 / 4102 / 0056 / 3016
This Registration form will not be accepted if we don’t receive a bank check, bank stamped copy of the transfer or the correct and complete credit card information
Property Business in CEE
10:00
11:15
11:30
12:45
“Potential and Variety: What Central and Eastern Europe
Still Has to Offer”
“Financing Investment in CEE. Chances
and Threats”
Public Financing for Private Projects
09:30
10:45
Cancellation Policy: Registrations cancelled after October 20th will be non-refundable. Registrations cancelled beforeOctober 20th will have a 25% penalty
fee and the rest will be refunded.
“EU funds for Urban Regeneration: How Private Developers
Can Benefit from Public Financing”
11:00
12:30
“Urban Development Funds: A new Concept to Foster Public-Private
Partnerships (PPP) for the Creation of Sustainable Cities”
12:45
14:00
“The Multilateral Development Banks: A New Alternative for the
Financing of Real Estate Companies All Over the World”
In compliance with the Spanish Law 15/1999 of December 13th regulating the treatment of personal data, the information submitted will be added to B.M.P. Barcelona
Meeting Point, S.A.U. database -unless otherwise requested by checking the corresponding space- and it may be used for its business activity. B.M.P. is allowed to
communicate this personal data to all entities and suppliers which the Organization has commercial contracts with, so that they use it exclusively for the services
rendering and commercial objectives they are contracted for. At any time, the applicant will have the right to access, modify, cancel and deny the use of these data
by addressing the claim to BMP Calle 60, nº 19. Polígono Industrial Zona Franca. 08040 Barcelona. Phone +34 93 223 40 50; Fax: +34 93 223 42 50
18
Panama “Guest Country” at BMP 2008
Enrique Lacalle, Chairman of BMP, visited Panama
th
th
th
th
On July 9 , 10 , 11 and 12 ,
Enrique Lacalle travelled to Panama,
the “Guest Country” at Barcelona
Meeting Point’s 12th edition, together
with BMP’s Managing Director,
Josep Pons, a Member of BMP’s
Organizing Committee José Manuel
Marjalizo, and BMP’s Area Manager
at Panama, Amy Hackett-Jones.
This is the second visit to Panama
in the last months.
During these trips, Lacalle has
carried out a very intense promotion
activity of Barcelona Meeting Point
in Panama and Central America, that
has resulted in a great institutional
support as well as from the media
and the real estate industry,
with more than 50 participating
companies at BMP, namely almost
all the developers and commercial
companies in the country. Once
again, Lacalle’s sentence has become
true: “Whoever is not at BMP does
not exist”.
19
• Enrique Lacalle was also attended at the Ministry of
Foreign Affairs by the Vice Minister Ricardo Duran, who
showed and reaffirmed the Panamanian executive’s support
to the initiative and welcomed his visit.
Panamanian companies
exhibiting at BMP
(As of August 31st)
From left to right: Josep Pons, Managing Director, BMP,
Ricardo Duran, Vice Minister of Foreign Affairs, the Architect
Ignacio Mallol and José Manuel Marjalizo, Member of the
Organizing Committee, BMP
Enrique Lacalle and the President of the Republic of Panama, Martín Torrijos
Most relevant meetings
of the BMP delegation:
• Business luncheon with Panama’s Vice President,
Ruben Arosemena, and with the President
of ACOBIR, José Boyd, as well as with some
other BMP members. In this luncheon, the Vice
President reaffirmed Lacalle what the President
of the Republic had already expressed last April:
the executive’s satisfaction and gratefulness to
the initiative and the fact that Panama has been
invited to be BMP’s guest country, and confirmed
the Panamanian executive maximum authorities’
assistance to the event in November.
José Boyd,
President of
ACOBIR, Ruben
Arosemena,
Panama’s Vice
President and
Minister of the
Presidency of
the Republic,
and Enrique
Lacalle
• Business luncheon with Panama’s Minister of Housing, Gabriel Díez,
and the Minister of Trade and Industry Carmen Gisela Vergara, where
both ministers expressed their satisfaction and full support to the event,
that is already the largest industry’s event outside the Panamanian
borders, with more than 4,000 square meters of exhibiting space devoted
to Panama in exclusive. At this luncheon was also present the Director of
the Panama Symposium, Ignacio Mallol, as well as other BMP members.
Gabriel Díez, Minister of Housing, Carmen
Gisela Vergara, Minister of Trade and Industry,
and Enrique Lacalle
• Among these institutional visits, the Administrator of the
Panama Canal Authority, Alberto Aleman, the organization
that leads the investments in the great engineering work of
the Canal widening, one of the most important pillars of the
Panamanian’s economic present and future growth.
During this luncheon, the Minister of Housing, Gabriel Diez, confirmed
his assisting BMP next November and his speaking at the Symposium.
Also, the Minister of Trade and Industry Gisela Vergara, although
has several commitments for that time of the year, expressed her
intention to change her agenda in order to be able to participate on
November 5th on the Panamanian day due to BMP’s importance and
interest for Panama.
Enrique Lacalle with Alber Alemán Zubieta, Administrator of
the Panama Canal Authority
Regarding other activities, Enrique Lacalle made the most of
his visit to Panama to meet personally with several real estate
developers with the objective of getting to know first-hand
the situation, the challenges and the opportunities that the
industry has to offer in several places of the country.
ACOBIR
A&D
AGP - ADMINISTRADORA GENERAL DE PROYECTOS
ASEGURADORA MUNDIAL
BANVIVIENDA
BARCELONA INVESTMENTS
BOYD INTERNATIONAL
BTESH & VIRZI
CB RICHARD ELLIS PANAMÁ
CONDOMINO MIRADOR AZUL
CORCIONE
DESTINY REAL ESTATE
DREAM PROPERTIES
EMPRESAS BERN
ENCAIX
ESPACIOS PANAMÁ
ESTELA'S REALTY SERVICES
GRUPO 4M
GRUPO CAPITAL PANAMÁ
GRUPO DEL SOL
GRUPO MUNDIAL
GRUPO PIJAO
GRUPO PREYCO
GRUPO RÍO HOMES
GRUPO SUÁREZ
GS MORTGAGE BROKERS
INMOBILIA PANAMÁ
INMOBILIARIA BALBOA BONITA
INTERPLUS
INVERSIONES MIKONOS
INVERSIONES NATASHA
ISLA SABOGA
LEFEVRE
MALLOL & MALLOL ARQUITECTOS
OPI-OFICINA PANAMEÑA DE INVERSIONES
PACIFIC DEVELOPERS
PANORAMA BAY
PRODIGY INTERNATIONAL
REALTORS
REALTY EXECUTIVE MARBELLA
SPECTRA GROUP
SPRINT REAL ESTATE
TRIBALDOS
UNIVERSAL CONSULTING
URBAN DEVELOPMENT GROUP-PROMOTORA TEN TOWER
VENTAVIV
VIVA FLORIDA
20
21
Presentation of BMP 2008 to the Panamanian exhibiting companies
The “Forum of Panamanian
Exhibitors at BMP” was the main
event of the visit and took place
at the Restaurant “La Follie”, at
the Multiplaza Shopping Center.
A great number of exhibitors that
have already booked a space at
BMP, the industry leaders and
the leaders of the Panamanian
executive were present.
Among the speeches may be highlighted
the one made by the President of ACOBIR,
José Boyd, who represents the Panamanian
Developers of Actives. The Managing
Director of BMP explained and offered his
Enrique Lacalle, during his
speech at the event
General view of the function
assistance to the attendees on organization
and logistical matters with the aim of
achieving the best result for the BMP
participants. He also forwarded the special
reduced prices for the plane tickets thanks
to the agreement reached with the agency
Novaterra L’Alianxa.
The architect Ignacio Mallol, director of the
Panamanian Symposium, commented on the
industry’s boom as well as the country’s, and
was grateful to all the attendees as well as to
BMP for the initiative.
Enrique Lacalle thanked all the assistants for
their support of the initiative “Panama, guest
country at BMP 2008” and, in particular,
the architect Ignacio Mallol, José Boyd,
President of ACOBIR, Spain’s Ambassador
to Panama and the Minister of Housing. He
said that “coming to Panama is like being
at home”. These words reflect the feeling
of gratitude to the Panamanian support
to the initiative. The Minister of Housing
Gabriel Díez closed the event with a speech
where he explained that Panama is leader
in growth, advantages to the investor, and
open borders and thanking in front of all
the assistants Barcelona Meeting Point’s
invitation.
During the cocktail that followed and lasted
more than an hour, the attendees had the
chance to strengthen their communication
with the BMP members.
José Manuel López-Barrón de Labra, Spain’s Ambassador to Panama,
Gabriel Díez and Enrique Lacalle
Roberto Roy, President, Ingeniería RM,
with Ignacio Mallol
Iván Carlucci, Ex-President of ACOBIR, Gabriel Díez, Minister of
Housing, José Boyd, President of ACOBIR and Enrique Lacalle
From left to right: Albert Montaner, Director, Espacios Panamá, Josep
Pons, Managing Director, BMP, and José Manuel Bern, Sales Director,
Empresas Bern
Josep Pons, Managing Director, BMP
Ignacio Mallol, Architect
and Director of the
Panamanian Symposium
From left to right: José Manuel López- Barrón de Labra, Gabriel Díez,
Elizabeth Cárdenas, Director, Realtors Magazine, Mari Carmen Herrera,
Executive Director, Realtors Magazine, Amy Hackett-Jones, Area
Manager, BMP and Enrique Lacalle
22
23
Viva Florida and E!
Entertainment
Televisión Latinoamérica
will cover BMP
José Boyd,
President,
ACOBIR,
during his
speech
Guido A- Rodríguez Lugari, Managing Director of Epasa-Panamá America, Gabriel Díez, Bosco Vallarino, Presenter of the program
“Entorno Urbano”, and Gabriel Díez Jr., Managing Director of Urban Development Group
Barcelona Meeting Point has signed a collaboration agreement with
Viva Florida according to
which E! Entertainment
Televisión Latinoamérica
will do a special covering
of BMP. This program,
conducted by the renowned Pina Darcyl, is leader
in the Latin American
televisions and can be
seen in Brazil, Uruguay,
Paraguay, Chile, Peru,
Pina Darcyl
Ecuador, Colombia, Venezuela, Panama, Costa Rica, the Caribbean, Nicaragua,
Honduras, Guatemala, El Salvador, Mexico, Argentina,
Bolivia and the Dominican Republic. E! Entertainment
will be offering Barcelona Meeting Point news starting on
August until December and will do a direct covering of
the event from the 4th until the 9th of November with the
presence in Barcelona of Pina Darcyl.
www.vivaflorida.com
Amy Hackett-Jones, Josep Pons, Gabriel Díez
and Enrique Lacalle
Carlos and Francisco Jiménez, from the Panamanian
Investment Office, with José Manuel Marjalizo and Josep Pons
Gabriel Díez, Minister of Housing, closing the event
Also, several press, radio
and TV media such as
La Prensa, El Panamá
América, Miami Herald
and Entorno Urbano TV
program covered
the event. Also,
the press took
good note of
the President’s
comments on
why to invest
in Panama,
considering
him an expert
on the matter.
From left to right: Enrique Lacalle, Gabriel Díez, Amy Hackett-Jones, Ignacio Mallol, his wife Sandra Mallol and José Manuel
López-Barrón de Labra, Spain’s Ambassador to Panama
Great travel discounts
for Panamanians
attending BMP
Barcelona Meeting Point has signed an agreement of
collaboration with Novaterra that will offer excellent
prices for those travelling to Barcelona Meeting Point from Panama: return tickets in tourist class: US $
820; business class: US $ 3,000.
There are also special discounts for hotels reservations made through Barcelona Meeting Point. For
hotel reservations, please contact:
David Álvarez,
+34 93 223 4050,
dalvarez@bmpsa.com
24
Architecture : designing the future
Ignacio Mallol, Architect
Architecture will continue to present a
challenge to the imagination, a daily creativity exercise for mankind. As a last resort, it is the beginning of an idea which is
processed once and again until the form is
found to create new livable spaces for the
enjoyment both of individuals and families.
Architecture has never ceased to be the
aesthetic reason within humanity’s ideas all
along its history, besides becoming the expression of functional spaces where single
people or social groups solve their lives and
coexist. Both an Art and a Science, Architecture seems not to have limits about the
expression of a technology that renovates
its potentials and possibilities, giving new
meaning to a volumetry which is not a hostage of the past but a debtor of the epoch’s
new desired targets.
The architect’s challenge grows together
with the extent of the necessities, where
cities break arithmetic rules and where
the demands for services, new infrastructures and equipments get mixed up with
everyday problems as a sample of the requirements for the huge changes being
experimented by the urban man, changes
that are not always considered into the government agendas.
At a glance, a common citizen, without any
commitment but wishing to reflect and
Ignacio Mallol
translate what may be seen at first sight,
can summarize all this with a disturbing
word: change. Changes convey a new reality with movement, something inherent to Architecture.
What is Architecture? How can it be expressed in a unique and non repeated
design, or what would an architect become without his most important tool, his
creativity? The magic is in this seducing action, in the immersion into space, in
the dialogue with the site, in its right adaptation and practical communion. In
our activity, the synchronization of common sense is a part of the creativity act.
It is the answer searched by our clients and also by the Architecture being born
to definitely solve, adequate, and create spaces which will enhance people’s living quality.
To accomplish a real and practical exercise about our city, which is rapidly expanding with a dynamics that surprises due to its quickly acquired density in the
last five years, it is necessary to search for solutions, propose answers toward
a better quality of the available public and private spaces at present being subject to renovation, development, cohesion, and compactness in our capital city.
This exercise is, in our opinion, a necessary step toward the concentration of a
larger population in places close to jobs and to offices where public services are
rendered.
The exploration of incentives for buildings with more diverse programs is a complementary idea toward the transformation of the new city, to make it more
functional and dynamic considering the necessities of its inhabitants. For example, the use of ground floors for commercial and residential purposes will reactivate the areas that are becoming more dense thus helping residents to save
time and energy, as well as to shorten distances. A lot has been said about our
imminent race toward promiscuity, but the truth is that these public spaces, supported by businesses and services, make possible a more collective use of them
through architectonic experiments granting beauty as well as multiple usage.
Neighborhood commerce presents a necessary alternative in order to fulfill the
25
new requirements that citizens must meet
in this 21st Century thus solving their necessities with greater speed and effectiveness. The complement of the new functional image that private architecture may
offer in an autonomous way is just public
initiative. The city is firmly stepping into
the construction of modern and sophisticated buildings which are modifying its
outline. It is significant that constructions
of great impact for tourism are being built
along our coasts which explains the large
numbers of visitors and foreign residents
possibly never before seen throughout the
history of our republic. These are the signs
which make new times evident, countries
without borders, globalization, opportunities, and transformations requiring planning, driven both by the State and the
Private Enterprise. The city is changing,
more than one third of the population lives in the Province of Panama. This gives
us a warning about the magnitude of the
challenge we are facing. It also points out
the necessity of the State’s commitment to
contribute by creating new laws and modernizing others in order to help citizens
to face the future more successfully.
Frequently, we Architects read in the international and national news items about
the necessity of saving power, of lowering expenses through more ecological
buildings, and about facilitating the users
more economic, affordable residences in
accordance with their incomes. The matter of energy is a universal law because
the oil price has sky rocketed, naturally dragging along food prices. We believe
that the right direction to follow is the reactivation of urban centers within the
city, frequently abandoned, and at the same time, to continue augmenting the
density of other sectors with the purpose of saving time, power and money.
Parallel to this, a greater centralization of Ministries and other public offices
should be planned. Those cities which already have faced these problems and
have laid out plans, executed projects for mixed use, residential and commercial buildings, have achieved lower costs in transportation. Furthermore, all
this has saved valuable time with the advantage of also bettering coexistence
due to the social net inevitably woven in public spaces.
In Panama we have to face up, in an organized planned way, to vital problems
like transportation without demagogy or political influences. Candidates running for public office should present clear, specific, scientific, and clearly proven
offers with the intention of letting people give their own opinions, and then, take
rapid decisions in favor of the city and its residents.
Sustenance is a word, a concept, linked to the future of mankind and its cities.
We don’t believe it should be an isolated word, nor magic that solves challenges
by itself. The future is tied to technology, knowledge, and planning. Some past
ideas must be erradicated in order to modify obsolete schemes: ideas without
sustenance. How to lower power costs? This is an everyday question for Panamanians. The new laws must allow taller buildings and skyscrapers to produce
their own power. To put out a light bulb won’t make the difference. Creating
photovoltaic cells in new buildings with the intention of controlling consumption
adequately, facilitating the use of double glass through a tax release, using air
turbines and sensors like the dehumidifying system, are all topics about which
all concerned parties should agree. Aesthetics and functioning must never be
disregarded in a design because the space wins, as its usage remains through
beauty and style, beyond time.
The Second
Vice-President of Panama
will chair
the “Panama Day”
at the Symposium
Rubén Arosemena Valdés, Second Vice-President of Panama, has confirmed his participation at the Opening Act of
the “Seminar on Panama” to take place on November 5th.
The presence of such an important representation of the Panamanian authorities shows the magnitude of the response
that the event is getting in the Central American country.
Rubén Arosemena, Second Vice-President of Panama
Panama’s Minister
of Housing has
confirmed his
attending BMP
Panamanian authorities have very decisively shown their
support to Barcelona Meeting Point. In fact, the Minister of
Housing, Gabriel Díez, has confirmed his presence at the
event and he will speak a the Symposium day devoted to Panama on November 5th. On the other hand, Enrique Lacalle
and Josep Pons have been able to meet during their visits to
the country by the President of the Republic, Martín Torrijos, the Minister of Housing and the Minister of Trade, Carmen Gisela, ase well as the 2nd Vice Mayor and Minister of
the Republic, Ruben Arosemena, the Minister of Foreign
Affairs, Ricardo Durán and the Delegate of the Authority
of the Panama Canal, Alberto Alemán Zubieta.
Gabriel Díez, Panama’s Minister of Housing
Panama’s Minister
of Trade and
Industry will also
be at BMP
Carmen Gisela Vergara, Minister of Chamber and Industry
of Panama, has confirmed her participation at Barcelona
Meeting Point’s 12th edition. The Minister, that had a meeting with Enrique Lacalle and Josep Pons during their visit
to her country, will be a speaker at the session “Panama’s
economic, financial and commercial appeal” to take place
on Wednesday, November 5th at the Symposium during the
“Seminar on Panama”.
Carmen Gisela Vergara, Minister of Trade and Industry
26
Panama: The Route of the World
developing the Expansion Program through the construction of a third set of
locks whose first physical work started on September 3, 2007, after the project
was approved by Panamanians in a referendum two years ago.
27
Panama “Guest Country” at BMP 2008 - Exhibitors News
INTERPLUS INVERSIONES INTERNACIONALES,
developing in Panama
In
Interplus
Inversiones Internacionales, is a Spanish Group of Developers with 20 yeartr
track-record. With headquarters located in Barcelona and with operations in Poland and
P
Panama, where they recently launched its two first projects: Horizon Tower and SferaSp
Spirit. Both are located in Balboa Avenue, the most exclusive and privileged area in the
city, just steps away from renowned hotels, restaurants, shopping malls and the City’s
financial and banking district.
Before the groundbreaking, expansion complied with all the environmental
regulations to guarantee its social and environmental feasibility through reforestation, wildlife protection, archaeological rescue, paleontological and
water conservation plans to make this project a world model and a matter of
national pride.
Horizon Tower goes unmatched in design and luxury. Towering 78 stories with spectacular oceanview condominiums, perfectly located over Balboa Avenue, with breathtaking
panoramic views of the Old Quarter and the modern city. It will also offers great social
areas that include the Horizon Club with an Infinity pool, Jacuzzi, Solarium, Wellness
Spa, Putting Green, Home Theater, Party Room and other entertainment options. Horizon
Tower was design for a lifestyle of elegance and pampering. Just across from the Cinta
Costera, this Mallol y Mallol masterpiece will surely be an icon of prestige.
The Panama Canal Expansion will be executed in eight construction contracts:
• Five dry excavations to build a new 6.1 kilometers Pacific access channel between the new locks and Culebra Cut.
• Two dredging contracts, one in the Pacific entrance and another in the Atlantic.
Sfera-Spirit, consists of a Condo-Hotel and Office Building designed by Pinzon, Lozano
& Asociados, which will be created as a commercial and business cluster along the new
Cinta Costera project. Offices can be customized to suit any potential requirement and fully furnished suites overlooking the
Bay, are great options to invest. Also
add all the advantages of its location
with an easily accessible and highprofile business environment
• A contract for the design and construction of the new locks in the Pacific
and Atlantic.
By Alberto Alemán Zubieta
Administrator of the Panama Canal Authority (ACP)
Every week, 144 maritime routes from more than 80 countries come through
Panama. The Tocumen International Airport connects more than 30 destinies in
20 countries in the continent. The financial center boasts more than fifty banks
with capital from all parts of the world.
These are the three statistics that confirm the opportunities in Panama and the
advantages offered by a country considered to have the best connectivity in
Latin America according to the United Nations.
Furthermore, a recent poll on Quality of Life 2008 prepared by Mercer Consulting placed Panama as the fifth best city to live in Latin America and the second
in terms of safety.
The Panama Canal Expansion advances according to plan and up to June 2008,
contracts have been awarded for approximately $300 millions, including the first
two dry excavations and a dredging contract.
Tenders for the different phases of expansion have attracted companies from
approximately 20 countries, including leading companies in their fields.
In 2009, we will award the project’s main contract that consists in the design
and construction of the new locks which will be 40% longer and 60% wider that
the current locks, complemented with a water reutilization system that will save
60% of the water.
This way, the Canal helps Panama maximize the strategic resource of our geographic position in order to consolidate into what we’ve always been: the route
of the world.
Sfera-Spirit is expected to attract
a large number of regional and international corporations, especially
with its modern infrastructure and
facilities, in addition to the existing
business-friendly rules and regulations that encourage the prosperity
and stability of business in Panama.
Horizon Tower in Panama
Sfera-Spirit in Panama
Panama is a young country with 105 years of republican life but with a rich
cultural history nurtured by its geographic position that since the colonial era
transformed it into a strategic route.
GRUPO ARRANZ ACINAS will present its Panama
“Condominio Mirador Azul”
Recently, one of the guides of a group of young ibero-americans going through
the routes that the Spanish used to move goods during the colonial period said
globalization had started in Panama. This was said after having experienced firsthand the connectivity offered by the isthmus.
Grupo Arranz Acinas is a Spanish holding of more than 132 companies, with more than 50
years that has been characterized by its quality and innovation, its extensive experience in
building all types of structures; selling more than 30,000 units during its history.
Condominio Mirador Azul is located oceanfront in the most planned urban development of
Panama City, Costa Del Este.
This concept has always characterized Panama; nonetheless, it is perhaps now
that the country is starting to build upon its advantages as a regional and global link with the development of commercial, tourism, financial, educational,
and transportation projects that place us as the definite logistics center of the
continent.
Mirador Azul, conceived by the renowned architect D. Alvaro Gonzalez Clare, is a classical
tasteful building of sublime finishes, with ample entryways, and a complete series of amenities that accomplishes an excellent quality of life to its residents, an infinite pool for real
swimming with eternal ocean view, basketball, tennis, squash and shuffleboard courts, ping
pong tables, complete gym with office and massage room, sauna, Turkish bath, children´s
playground, party rooms, cabanas, chauffeurs room, video surveillance room, poker and pool
table room. The condominium offers a wide variety of services, such as concierge service
and desk, valet parking, and a personal trainer that will manage the gym and social areas.
Ports in two oceans separated by only 80 kilometers, yet united by a transisthmic railroad and soon a highway; an International airport; one of the biggest free
trade zones in the world; and one of the most competitive and efficient financial
centers, have fostered investments and the current boom in sectors such as
tourism; construction and the subsequent housing development; telecommunications; maritime services; technology and education offered by a project like
the City of Knowledge.
Mirador Azul contains exclusive apartments of 2,788 sqFt, 3,003 sqFt, and 3,057 sqFt, each
w
with three bedrooms, den, or an opttional fourth bedroom. Also, the build
ding offers Penthouse apartments of
66,609 sqFt. The architectonical dessign of all apartments gives priority
tto distribution of space, with special
aattention to ergonomics, residents’
ttraffic within the units, and efficient
u
utilization
of real living areas.
There are no doubt the Canal acts as a magnet for the country, especially after
the approval of the expansion project which will double capacity by the year
2014 by allowing more cargo in bigger ships.
The Expansion will allow the Canal to offer a better service to the users and
clients of the route with a direct impact on economies of scale.
Since 1999, when Panama took complete control of the operations and administration of the waterway, the Canal has become safer, more efficient and reliable
as show by the Panama Canal Authority’s (ACP) operating results.
While carrying out a permanent maintenance and modernization program on
its current installations, soon to be a century old in the year 2014, the ACP is
Y deserve it!
You
Conceptual design for the new Canal locks at the Pacific entrance
C
Contact:
Arranz Acinas Panama
T
Teléfono
205 1669
w
www.miradorazul.com
Mirador Azul Condominium
Grupo Arranz web page
28
ENCAIX MODELS LAB will present a new scale
model concept at BMP
GRUPO CORCIONE has developed more than 100 projects
totalling more than 200,000 sq.m.
E
ENCAIX
Models Lab is a specialized company that designs and produces scale mod
dels of high quality. The company has chosen the BMP 2008 Exhibition to present
it
its spectacular and innovative achievement: MIM, Multimedia Interactive Model.
T
This new Marketing Tool approaches the project to the viewer through senses,
si
sight, hearing, touch and smell in a way that had never been achieved. The end
u
user interacts with MIM accessing to all the information of the project.
It promises to be a great experience for the buyer. ENCAIX Models Lab doesn’t stop
developing new ways to approach future projects in order to accelerate the purchase decision from the buyer. It is a secure investment that makes the difference.
The wide experience of the company in the real estate sector, its years of commitment to its clients through their Marketing Departments, constant research in
new developments and a great multidisciplinary team ensure a success of each
project no matter how far it may be.
This dynamic Spanish
company is diversifying its
internationalization. Since
last autumn, it has a representative office in Panama
and at this time it is consolidating a new office in
Dubai.
Scale model, resort development in Mexico
Scale model, building development in New York
In the short term, they
have the challenge to create a new production center in Panama City, given
the concentration of large
projects that in the country are being developed.
29
Grupo Corcione’s skyscrapers
A room with a view
T history behind Grupo Corcione is one of continued success from the time it was
The
founded in 1992 by Mr. Nicolás Corcione, a Civil Engineer. The group began with a
fo
company named Ingeniería e Inversiones Corcione, S.A., with the goal of providing
co
engineering, construction and project management services.
en
Since then to the present and under the leadership of its founder, Grupo Corcione
S
(the firm’s name which includes the associates forming the group) has developed
(t
and constructed over one hundred civil, commercial and residential projects covering over (2.1 million sf) of construction, including: shopping centers, residential
buildings, residential compounds, warehouses, hangars and post-tensioned structures, among others.
Grupo Corcione’s mission is to offer real estate projects and construction services of
the highest quality at competitive prices focused on satisfying the needs of all our
customers and investors.
Its vision is to provide the best services in the field and to be the most important
construction and developer in Panama.
Under the motto, “Building
Trust”, the entire group is
united in order to achieve
its goals and to establish the
most fundamental condition
with its customers: Trust - being confident that our projects
will be of the quality offered,
and delivered on time. Being
confident that the service it
provides will be a mutually
successful and indefinite relation. Being confident that
they are working together to
fulfill the goals of their customers as they fulfill their own.
GRUPO CAPITAL offers a great investment opportunity
in “Las Brisas de Amador”, Panama City
GRUPO MUNDIAL, a financial holding enterprise of Panamanian
origin will be at BMP 2008
Causeway Towers, Apart-Hotel consists of 10 buildings surrounding the roadway
that rises to the top of Perico Island on the Amador Causeway - 10 minutes’ drive
from Panama City.
Grupo Mundial is a Holding of financial enterprises started in Panama. It is specialized in the Insurance sector (life insurance, health insurance, car insurance and pensions), Commercial Banking and Private Banking (family office, asset management,
funds structures…), Legal Commitments (foundations, companies, fiduciary structures…) present in Central America, Colombia and the United States.
Its Executive Vice-President, Rodrigo Diaz, says that Grupo Mundial offers tailormade financial solutions with a global and personalized portfolio services. During the
last years, Grupo Mundial’s strategy has been focused on penetrating in the region to
offer all-embracing solutions to its clients with innovating and accessible products.
En la actualidad ha conseguido implementar la primera red privada de seguros a nivel
regional que le permite llegar directamente a los ciudadanos de cada país a través de
una plataforma de servicios a nivel regional.
At present time it has manager to implement the first private insurance network that
enables to reach directly all the citizens in each country through a private platform
at a regional level.
Which are the keys of its performance and the solid basement of Grupo Mundial?
According to Mr. Diaz, Grupo Mundial’s performance formula of success has been, since its foundation in 1968, its human resources, renowned for its operative efficiency
a permanent aim to achieve its clients’
and
s
satisfaction.
This has been demonstrat recently with the Certification ISO
ted
9
9001:2000
earned in the company’s unities
o life insurance and car insurance as part
of
o a permanent process towards full qualiof
t in all the company’s areas. In addition,
ty
t technological resources and the consthe
t crossing of practical goodwill between
tant
t companies, gives us an added value in
the
t
timing
and production cost effects.
W are only focused on finding the absoWe
lu satisfaction of our clients in all their
lute
p
personal
and financial areas.
The panoramic views are spectacular from all of the apartments due to the prime
location of the project. The views reach the skyline of Panama City, the Pacific
Ocean, the bay, Puente de Las Americas, the Marina Development and the Panama Canal.
To date, Causeway Towers is the only development of its kind, with its fantastic
location in the middle of a Cosmopolitan Capital. It does not suffer from traffic
noise and a hectic lifestyle, but offers tranquility and unique views.
Each investor has the option to operate his/her unit under the management of
the hotel operator receiving a rental return dependent on occupancy levels. The
developer can arrange for 70% finance.
The project will include a 5-star luxury hotel with casino and amenities and
a prestigious Marina with
400
40 moorings for yachts
between
50-200 feet. The
be
Marina
will benefit from a
M
yacht
club, heliport, water
ya
taxis
ta and cruiser terminal.
It will also include bars,
restaurants
and commerre
cial
ci units.
It will be a great pleasure to
see
se you in November and in
the
th meantime please find
more
information on our
m
website:
gcpanama.net.
w
The New Building has spectacular views
The Marina
Grupo Mundial’s headquarters in Honduras
30
GRUPO 4 M, 15 years contributing to Panama’s boom
31
PLANETARIUM TOWER, Central America’s most beautiful ceiling
T Group 4 M brings together product from 15 years of accumulation of expeThe
ri
rience of professionals of the construction, who successfully have developed seve
veral projects. At present the group is divided in: Real estate 4 M, Transport and
E
Equipment 4M, Constructor 4 M, residential Centennial Park, Limassol Panama,
F
Famagosta Lofth, Lake Village and Lake Village Center.
T
The Joint Urbanization Residential Centennial Park, that projects the construction
of 1200 houses and that at present has finished its first stage consisting of 200
housing units.
Tower Limassol PH delivered earlier this year, was designed for modern families
who wish to count on a building of the latest architecture, with deluxe finishings,
excellent location, 24 hours’ security, social area for family and friends, and mainly
in a residential set of exclusive class surrounded by the greatest park of the city
(Omar Park), the best Malls (Multi-seat Pacific and Multicentro), supermarket,
banks, hospitals (San Fernando, Hospital Pacific End).
Famagosta LOFT: At the moment it is in construction, with unique, modern design,
excellent social area and with automated technology that guarantees the comfort
that offers the modern world. Located in an exclusive area of San Francisco, near
the convention center ATLAPA and at the entrance of the Corredor Sur.
Lake Village: With the beginning of its first stage, this exclusive set, located in the
city of Chitré, in the province of
Herrera, offers to the Panamanian
and the foreigner the possibility
of living in an area with folkloric
traditions and beautiful beaches.
By the strategic geographic position in center of the country,
the construction of Lake Village
Center begins, a complete with
three levels, totally conditioned
commercial center and with the
best warehouses, supermarket
and foot court.
Neem model perspective
Jacaranda model perspective
GS MORTGAGE, a loyal and committed ally
for investing in Panama
GS Mortgage Panama is a Panamanian company mainly dedicated to the Specialized Mortgage Advice to their foreign clients that wish to purchase a property to
live or invest within the Republic of Panama. GS Mortgage is part of Grupo Semusa
Holding, a corporate group with great experience and trajectory in the insurance
brokerage services.
GS Mortgage Panama offers to its clients a great variety of financial opportunities,
and customized services directed to provide support and advising for the obtaining
of its mortgage for the acquisition of properties in Panama, allowing its clients to
save time and money, since in a single interview the company quotes its mortgage
with the main local banks.
G
GS Mortgage Panama mainta
tains strategic alliances with
th
the most important banks of
th
the Republic, as well as with
th
the most outstanding compan
nies of developers, appraiser,
rreal estate companies and
la
lawyers at national and intern
national level.
It
Its strength is the use of speccialized technology, bilingual
eexperts, and fundamentally
fo
focused on customer service.
In GS Mortgage Panama clients
w
will find faithful allies committe
ted to offer the best advising
in the achieving the dream of
it
its clients.
w
www.gsmortgagepanama.com
in
info@gsmortgagepanama.com
Torre Planetarium - Pº Roberto Motta/C. Villanueva - Costa del Este
Interior view of the Planetarium Tower
AIR.E elevates the “standard of modernity”
Panama has recently become one of the foremost business destinations in the world. It is these days a key strategic point for a growing
number of international companies. Panama is also the number one
financial centre of Latin America, with an economy in expansion,
the US$ as legal tender and an internal modernization that is appealing to more and more foreign investors. Tourism is also beginning
to take, the little-known ecological paradise, unique in the world,
and the beauty of its beaches, bathed in the Caribbean sun are some
other examples of Panama’s best-kept secrets.
The number of visitors that visit Panama City has sky-rocketed,
keeping hotel occupancy rates well above 80% year-round, whilst
Grupo SEMUSA’s headquarters
GS Mortgage Panama team
P
Planetarium
Tower has searched the four corners of the globe to ensure that
every detail of its building is unique, from its height of 350m and the observaev
tory at the very top of the building, to the exclusive finishes from top European
to
firms and suppliers selected for their world-class products and services. With
apartments ranging from 250m2 to 1200m2, from its inception the project was
ap
conceptualised
for a very select public, one for whom quality and style are of
co
prime importance.
The spectacular design includes magnificent social areas, with hobby rooms,
study and meeting rooms, garden and sporting areas, spa, zen zone, private
cinema, infinity pool, children’s areas, as well as some stunning VIP rooms with
bars and a panoramic terrace at 300m above sea level, which guarantees its
inhabitants and their visitors an unforgettable experience.
Such a sophisticated project is presented through a unique brochure that has
already been celebrated for its unique design representative of the shape of
the building and the quality of its finishes by the Gremio de Industrias Gráficas
de Cataluña and was produced by Serafí Industría Gràfica. Equally, the spectacular Interactive Multimedia Model, which will be used to introduce clients to
the project is the only one of its kind in the world and will be launched at Barcelona Meeting Point in November 2008. Under the guidance and coordination
of Inmobilia, the model was designed and built by Encaix. It measures an incredible 4.5 metres in height and every minute detail of the actual building has
been incorporated into the model, which is completely interactive. Apartments
illuminate when selected to show the client the interiors and finishes of each
individual room. It also shows the
building both by day and by night
as well as the unique characteristics of the project and numerous
details of the social areas. It even
generates scents to accompany
the presentation.
For more information,
please contact: +507 2647035
www.torreplanetarium.com
Air.e Tower
Air.e Tower’s lobby
consistently demanding services of an
increasingly higher quality. With this in
mind, Air.e Tower is being developed,
with apartments of 75 to 100m2 designed specifically with young executives
in mind. With a modern and dynamic
character, it is being built with European
standards and finishes of high quality.
It is situated in the very heart of Panama
City, in the El Cangrejo neighbourhood,
a walkable area full of international restaurants, 24-hour supermarkets, banks,
casinos and theatres where everything
is close by and a car is unnecessary. It
is the commercial zone par excellence,
connected to the principal streets and
avenues that lead directly to both the
entrance and exit of the city.
In its interior, Air.e Tower boasts garden
areas that allow for direct contact with
nature. To complement this, there are
games rooms, a private cinema, a fullyequipped business centre to respond to
all your business needs. Wi-fi internet
connection will be available throughout
the building. Air.e will also boast a large swimming pool, solarium, spa and a
spectacular Jacuzzi, right in the heart of
the city…where everything is possible.
please contact: +507 3920488
32
ADMINISTRADORA GENERAL DE PROYECTOS has projects
underway worth over 200 million dollars
MALLOL & MALLOL ARCHITECTS, one of the great design
and architecture firms in Latin America
A
Administradora
General de Proyectos is a Panamanian business group of develop
pers, promoters and builders with projected investments in the real estate secto
tor that go over the 200 million dollars. Under AGP Administradora General de
P
Proyectos S.A., AGC Administradora General de Construcciones S.A., AGB Realto
tors, Administradora General de Bienes y Raíces S.A., and several developers,
th
the company takes great care building with the utmost quality standards from
foundation to finish.
P
Panama,
due to its geographic position and to its international maritime and banking services,
is a mandatory route for tourism as well as a privileged nation for living. Panama has an enviabl
ble tropical climate, a dollar economy, judicial security, and political stability. These characteri
ristics have attracted a sustained growth plus allowed the construction of great skyscrapers. A
d
development of touristic complexes has also begun all along the country’s coasts. The advanta
tage of this Isthmus, which joins the three Americas by land, and Europe with Asia through
the Panama Canal, is really that it represents an extraordinary potential for investments of
foreign capitals, considering that the profitability in real-estate business is up to 12 per cent.
This allows promoters and investors to obtain an important gain in value, besides the asset of a
tolerant, cosmopolitan population which manages the English language rather well, within and
out of the modern first-class hotel installations, constantly growing.
The company and its mission go beyond the valuable contribution to its shareholders, team and clients, and to its own country. AGP - Administradora General
de Proyectos S.A. is a strong believer that they are all responsible for the welfare
of the generations to come, not to mention their rights to breathe clean air and
to wonder at the flora and fauna that this beautiful country has. The history of
AGP - Administradora General de Proyectos S.A., is a warranty that the client is
dealing with a reliable corporate group, responsible, trust worthy and extensively
respected by national authorities and enjoying the community solidarity. In the
company’s DNA comes indelible the commitment to practice Social-Business Resues.
ponsibility with its colleagues.
Bella Vista development
Castilla y Leon development
Image of a living and dining room of an AGP development
The company’s moral reliability is based on the hiring of a honorably human
resources, that perform
with love their work, devoted to the task, creating
dreams, proud of concluding the job, knowing that
giving the best of oneself,
every day… is possible.
33
Princess I building
Princess II building
The population of Panama is a little over three million inhabitants, the less populated country
in Latin America, very much admired by a strong interest in maintaining its tropical nature with
its dazzling flora and fauna. One of the characteristics that make it more outstanding is its multicultural and multiracial patrimony. This small nation is called “the Latin American Switzerland” because it is an attractive country
for a sure investment that, at the same
time, maintains an economic pace with a
rhythm toward a full and enviable expansion. Since several years now, the construction boom has placed Panama on the
international setting as a recipient country of real-estate investments on a large
scale. The Spanish, French, and North
American influences grant this country
a singularity within the region, thus becoming an attraction which accounts for
the numbers of visitors each year.
www.mallolimallol.com
CB RICHARD ELLIS will present at BMP the International
Business Park Panama-Pacifico
CB Richard Ellis will be present at the Professional Exhibition of the International Real Estate
Show & Symposium Barcelona Meeting Point. Panama as the Guest Country, drove CBRE main
focus on promoting the first stage of the new International Business Park, Panama-Pacifico.
The IBP consists of 55,000 square meters of Class A office space and 18,500 square meters of
flex space. It is located in a new master-planned community to be developed on the grounds of
a former US Air Force base located just west of Panama City, adjacent to the Pacific entrance
of the Panama Canal.
Panama-Pacifico offers a strategic location, with a private international airport and a broad
range of attractive incentives to companies wishing to locate there, including tax, labor, customs, and immigration, as well as an on-site government agency to expedite all processes and
permits. The IBP is superbly suited for call centers, logistics operations, offices, warehouses,
and light industrial users. Dell, Caterpillar, 3M, and Singapore Aerospace are the main tenants
in place, already enjoying these advantages. Future phases of this 2,750 acre development will
feature retail space, single and multifamily homes, hotels, and a golf course.
CBRE will also focus on opening Panama’s market to International Standards to achieve multiple business opportunities, establishing contact and long-relationships with Spanish companies
and investors. As well as other
p
European
countries that will be able to
E
identify
different investment and deveid
lopment
opportunities in important real
lo
state
areas through our vast knowledge
s
of
o the market.
CB
C Richard Ellis Panama offers a variety
of services, including: transaction
r
management,
intermediation, sale/lease
m
of
o properties of all kinds, marketing research,
valuation & appraisal services,
s
support
to broker & developers on coms
mercialization
and marketing of real stam
te
t projects, and buyers representation.
EMPRESAS BERN will present at BMP its developments in Panama
EMPRESAS BERN, one of Panama’s leading companies, has 30 years of experience in the areas of real estate and construction with projects including residential
condominiums and neighborhoods, office towers, commercial projects, as well as
five exclusive hotels. Empresas Bern is a consolidated and self-sufficient group of
companies, always providing a stamp of quality assurance.
Offering innovative concepts in accordance with the desires and needs of an exclusive and demanding market, Empresas Bern will exhibit at its booth its premier projects, all in high-value locations in Panama. One of these locations is Costa del Este
– an exclusive, modern and safe residential neighborhood in the city. In addition,
Empresas Bern’s beach projects are in Coronado, an established beach community
located on the Pacific Ocean just 55 minutes from Panama City. This charming beach
development includes a major supermarket, bank, restaurants, transportation, public
water, electricity, telephone and internet service, and in the near future, a hospital.
Another project that Empresas Bern will present is Playa Bonita Residences, a premium beachfront condominium project also located on the Pacific Ocean. It is just
20 minutes from downtown Panama and situated next to the Intercontinental Playa Bonita Resort. The purchase of one unit will include a membership to the excl
clusive private beach club, The
P
Pearl Club, and other exclusive
am
amenities. A second facility with
an
another 5-star hotel will also be
d
developed there.
Panama, a cosmopolitan city and low cost of living
Panama Pacifico-Howard. The new world-class
city in Panama
A
All Empresas Bern projects have
th
the service of Property Managem
ment, a company that provides
m
management, furnishing and
d
decoration packages, as well
as offering the option to rent
ap
apartments of Empresas Bern
bu
buyers in the short, medium or
lo
long-term.
Coronado Golf development
Playa Bonita Residences, a unique paradise in the world
34
NIKKI BEACH PLAYA BLANCA opens model apartment
ISLA SABOGA: keeping Las Perlas Islands green
te when Nikki Beach Playa Blanca will do their
tel,
op
opening.
Just a half hour from Panama City, in the azure waters of the South Pacific, lie the
Jewels of Panama- the Pearl Islands. Famous or infamous, the Pearl Islands are rich
with history. From notorious pirates Francis ‘The Dragon’ Drake, and Henry Morgan,
th
the ‘Terror of the Caribbean’ to U.S. President Jimmy Carter and the former Shah of
Ir
Iran, John Wayne, Julio Iglesias, and Joe DiMaggio-the Pearl Islands have long been
th
the playground of Panama’s wealthy and the international elite. More recently, Isla
S
Saboga was watched by millions in the reality TV show, “Survivor”.The island of Sabboga is one of the most unspoiled in the Pearls. Blanketed in majestic trees and lush
ffoliage, it is home to a charming traditional fishing village and ten of the region’s most
spectacular beaches, as well as numerous small sandy coves.
Nikki Beach Condo Hotel will have 140 ocean
N
front units, allowing the owners to place their
fr
units into a rental program and get an immediate
un
source of return. The horseshoe shaped archiso
tectural design gives stunning ocean views to all
the units. Condos are equipped with stainlesssteel kitchen appliances, central air conditioning
and glazed ceramic tiles floors.
Grupo del Sol invite you to experience a unique island adventure on Isla Saboga- the
first true Eco-Luxury community in Panama. Their Tree Top Villas at El Encanto
showcase the perfect blend of luxury and environmental sensitivity, making use of Rainforest Alliance- Certified hardwoods and local hand-made building materials using
traditional methods. These one, two, and three-bedroom homes focus on connecting
with nature. They are designed with special touches such as indoor/outdoor living
spaces, and unique roof and window designs that allow Saboga’s island breezes to
flow through.
It will include a 100,000 ft2 Beach Club with
amenities like Polynesian-style spa, fully equipped gym, Sushi Bar, Wet Bar, infinity pool,
exotic restaurants, all with the unique design of
Nikki Beach.
The project offers as well, residential units with
Nikki Beach Playa Blanca development
Model apartment’s kitchen
As of July, the model apartments in Nikki Beach Playa Blanca may be visited.
With one model per each apartment type, visitors will be able to appreciate the
luxurious finishes and wide spaces that this condo hotel in the Panamanian pacific shores has to offer.
the highest standards, from
1 to 3 bedroom apartments
with open spaces and unbeatable ocean views.
Saboga Island, a paradise only half an hour away
from Panama City
Playa Blanca was rated by the New York Times as one of the recommended places to visit in 2008. In this area visitors will find the biggest Resorts in Panama.
At the end of this year they will be able to enjoy luxury and a 5-star service ho-
35
Respect for the environment is
the hallmark of every Grupo del
Sol project. Their international
team of professionals focuses
on Development with a Conscience—building communities
that harmonize with the beauty
of the natural landscape, while
at the same time preserving
valuable ecosystems. For more
information on this unique opportunity, feel free to visit their
website at www.islasaboga.com
DREAM PROPERTIES will present at BMP the “Dream Tower”,
one of the most complete developments on the East Coast
SPRINT REAL ESTATE developing most renowned
projects in Panama
Dream Properties, a new generation of developers, with more than 35 years of
experience in the development of real estate projects in Panama, will be present at
the Barcelona Meeting Point 2008 Exhibition with one of the most complete projects in Costa del Este: Dream Tower, Business Center and Plaza. This is an original
and highly functional Project, located in one of the most prestigious and complete
sectors of the city.
Sprint Real Estate is a Panamanian company with vast experience in sales, rent and
development of property in the republic of Panama. Characterized specially for its
personalized attention to its clients and excellent service that is essential in this
growing market, which sets the difference by facilitating the buyers all essential
needs, always committed step by step for the clients final satisfaction.
Sprint Real Estate offers condominiums, houses,
offices, commercial establishments, warehouses
for rent and sale with specialists that will help its
clients with legal advice, insurance, and general
assessment.
The Dream Tower Project, Business Center and Plaza consists of a modern office
building with 22 floors and three high speed elevators, with a clear height of 3.50mts
and offices from 48m2 to complete plants of 995m2. A large shopping plaza with
more than 3,900m2 of construction and more than 120 roofed parking spaces; and a
showy residential tower with a luxurious lobby entrance, comfortable and functional
size apartments from 148m2 to 166m2 all with 3 bedrooms, a guest bathroom, living
and dining room, balcony, kitchen, laundry area and a maid’s room and bathroom.
More than 1,500m2 of social area equipped with an open terrace, roofed terrace, an
adult pool, a children’s pool, jacuzzi, party room, gym, a game room, open area for
children, a half basketball court, squash court and a racquet ball court.
Sprint Real Estate promotes the finest quality
projects in Panama City, and beaches. They internationally represent ALEMAN ARIAS DEVELOPERS and CASAS BELLAS company leader in
Panama with 30 years of experience, builder of
projects as OCEANAIRE, BELLA MAR, and DUPONT TOWER, being these the most exclusive
projects in Panama City and PUNTA BARCO VILLAGE, RIVERSIDE Y TABOGA ISLE on the best
beaches in the country. Embassy Village, unique
on its category, constitutes a closed environment
different alternative in which quality of space is
taking into account, therefore improving quality
of life of residents, with villa like architecture, forest and natural life will be admired.
In the design of this Tower, much
emphasis was made in the orienem
tation of the architectural plant,
ta
providing in this manner privacy,
pr
cr
cross ventilation and a nice view
to the ocean and mountains.
All this and a lot more is offered
A
by Dream Tower, Business Center and Plaza, a new Project of
te
Dream Properties.
D
w
www.dreamproperties.com.pa
Dream Tower
Dream Properties website
In Sprint Real Estate, they give value to the money with specialists that will assist its clients in
their Panamanian investment to make it the best
experience economically as well as emotionally.
Embassy Village development
Ocean Aire development
36
URBAN DEVELOPMENT GROUP will present “Dorado Village”
and “Centennial Plaza” at BMP
Dorado Village California Residence Design
California residence kitchen interior
D
DORADO
VILLAGE is a residential urban development of 19,27acres strategically
located in the area of Condado del Rey, only 10 minutes from city’s downtown area,
lo
an area of great urban development next to the Metropolitan Natural Park. The
project will have 143 luxury single-family residences of two floors in three different
p
models to choose from. Models designs of 3,057, 3,273 and 3,456 ft² of construction
m
to be built in lots that go from 3,640 to 5,382 ft². This project combines elegance,
privacy and comfort to offer to its residents the ideal atmosphere to share and to
live in family or for future investment.
The residences of DORADO VILLAGE will have functional distributions of three
or four bedrooms each with its own bathroom, ample living and dining room areas,
spacious kitchen with breakfast table area, den area, family room area, guest’s bathroom, terrace, two-car parking garage, laundry area, maid’s quarters and a storage area. All these areas are filled with natural light and crossed ventilation.
DORADO VILLAGE will be a closed development with a perimeter wall and a 24hr
surveillance and security office. It will have a complete social and recreational area
that include a Club House, an elegant reception hall, adults and children’s swimming pools, wide and secure children’s play areas and parks, gym area, multiple
sports court, gazebo, gardens and guest’s parking spaces.
Also, in the same area of Condado del Rey, will be developed CENTENNIAL PLAZA,
a two-story commercial center of 68.890 ft² of construction. CENTENNIAL PLAZA
will have modular and flexible retail areas each with its bathroom and cleaning facilities. The commercial center will
have elevators, electrical stairs,
loading and unloading facilities and
more than 150 parking spaces.
DORADO VILLAGE and CENTENNIAL PLAZA constitute an
excellent investment in a complete
community designed for the enjoyment and comfort of their residents to live with their families.
37
INVERSIONES NATASHA, 35 years growing along with Panama
Ocean Drive in Punta Pacífica
Epic Tower in San Francisco
Manhattan Tower in Obarrio
F INVERSIONES NATASHA, the leader corporation in the development of real
For
eestate projects in the Panamanian market – also owner of real Estate License #0001
– as well as for our country, this national and international projection represents
aan open door for opportunities to attract investors, and to market and promote the
bbrand PANAMA
T
Today, after 35 years of success in the Panamanian market, INVERSIONES NATASHA presents itself both nationally and internationally with strength and enthusiasm
proposing international class real estate solutions.
INVERSIONES NATASHA proposes different real estate offers, investment projects
of fast valuation in the most exclusive locations of the city, mountain or seaside properties, tourism developments, hotel investments, commercial and office spaces, all
according to the needs of the clients,
who are of the outmost importance.
Some of these exclusive offers are
Ocean Drive, under construction in
the exclusive sector of Punta Pacifica
with apartments of 220sqm and precious views the Panama Bay; Manhattan Tower located in the financial
district of Obarrio with comfortable
apartments of 140 and 130sqm; and
finally Epic Tower and Montemar,
both located in San Francisco with
modern apartments from 72sqm to
190sqm and much more offers…
Become a part of the Panamanian
Real Estate Success, invests safely,
invests with the experts, invest with
INVERSIONES NATASHA.
For additional information call:
(507) the 300-1111 or visit the
Web Page: www.natasha.com.pa
RIO&HOMES is developing two real estate projects in Chiriquí
PANORAMA BAY, the best choice
RIO&HOMES is a daughter company of GRUPO RIO, and its primary line of business is the development of real estate projects in the Republic of Panama. It’s
rapidly becoming one of the major driving forces in Chiriquí, the province where
it’s developing two real estate projects:
Barcelona Park, a residential compound with a contemporary design, located just
five minutes from downtown David. It features 164 apartments, each with its own
parking space, distributed among four stylish 3-story towers, plus green spaces,
playgrounds, and a clubhouse with incredible amenities. These apartments are
perfect for renting out.
Los Caballos Country Club is a 47-hectare project, located between the Pacific
Ocean and the Caribbean Sea, amidst nature. It will feature 158 bungalows with
hhotel management service, speccially designed as hotel suites;
pplus villas, plots of land and
bbusiness premises. Thanks to
iits privileged location, it’s the
ppreferred choice of foreigners
ffor living and vacationing, and
ttherefore for investing. Bungallows will be delivered fully furnnished. Construction will begin
iin the first quarter of 2009.
RIO&HOMES has also planned
R
tthe construction of a luxurious
bboutique hotel, Los Cayucos
Caribbean Hotel & Resort, over
C
tthe Caribbean waters, featuring
221 suites that will be sold fully
ffurnished.
Panorama Bay offers more than just a project; they offer a glamorous, elegant, modern world style of life, featuring spectacular design and exquisite finishing details
that make Panorama Bay the only possible choice.
F
pplease call + 34 93 390 70 23
www.rioandhomes.com
w
Panorama Bay residents will enjoy an elegant lobby, 3.700 m2, designed in the
latest trend with exquisite European finishing details, eight high-speed lifts and
24-hour valet parking. Gym, spa, Olympic size swimming pool -vanishing-edge
design15 m waterfall facing the
d
bay
b with colour changing light reflections; on the 67th floor a spectaccular lounge and squash court with
incomparable city views.
in
The social area designed to offer reT
sidents the possibility of enjoying a
si
wide variety of activities without haw
ving to leave home, includes a movie
vi
theatre, community centre -200 m2th
for social events, Jacuzzi and pool
fo
aarea, gym, spa and relaxation area
among other amenities.
am
View from “Barcelona Park”
“Los Caballos” bungalow
Panorama Bay is the only project to
P
have 105 m2 of bay front exposure,
h
conveniently
set on an exceptional,
c
triangular
tr
shaped, property indulging
g each unit (lofts and flats) with
lifetime
panoramic views of the old
li
city
ci and the Panamanian metropolis.
Inside
you will find exquisite finishes,
In
3 m high ceilings -penthouses 6.20 m
high-,
open kitchen concept design,
h
ceiling
to floor windows and wide tec
rraces
(from 13 m2 to 22 m2).
rr
Panorama Bay, the only development with 105 meters
facing the bay
38
VENTAVIV offers to the Panamanian market
all-embracing real estate solutions
F more than 20 years the founder of the GRUPO CUSA, Eng. Rafael Aleman, visionary
For
P
Panamanian contractor, decides to transfer his experience in the field of the constructi
tion of civil infrastructures and works towards the development of housing projects.
T
That is how VENTAVIV is born, created with the purpose of providing the Panamanian
m
market, with integral housing solutions.
V
VILLA LUCRE, the first great community of VENTAVIV, initiated in 1985, has more than
4,000 houses where their residents enjoy of all the facilities that the company has made
available, such as: schools, shopping mall, supermarkets, churches, hospitals, wide avenues and recreational areas, has become the dream of many Panamanian families who
see with great pride the growth of this urbanization and its communitarian solidarity, it
is nowadays known as one of the most important communities of our city.
Currently Villa Lucre is developing their housing projects: Villa de Las Azores: complex
of two-storey 42 luxurious residences located close to Villa Lucre´s Shopping Mall, and
Paseo Real consist of 88 houses also with two-storey. Both of them with entire perimeter is fenced around and guarded by a security sentry box as sole access, these projects
have beautiful children`s playground and gardens.
Project Villa de las Azores, Villa Lucre, Panama City
Project Paseo Real, Villa Lucre, Panama City
In 2009, Ventaviv will launch its new
apartment project Torres de Villa
Lucre, which will be located in front
of Villa Lucre´s Shopping Mall. It will
consist of six 18-storey building with
its luxury finishing and comfortable
distribution and other facilities as
guarded by a security check point,
social area with pool and reception
hall make this project an excellent
investment for those wishing to buy a
home. For further information about
VENTAVIV projects visit the following website: www.ventaviv.com
BTESH & VIRZI offers residential, commercial and retirement
developments to international investors
Btesh & Virzi is a real estate developers company located in the hub of the Americas; Panama City.
B & V offers investors residential, commercial and retirement projects in Panama City, as well as
in the interior of the country. B & V has become an international leading company, with over a
thousand real estate agents working in promoting and selling developments around the globe.
Some of the underlying reasons for investing in Panama in this day and age are quite obvious.
The Panamanian currency is the balboa which has parity with the US dollar. Panama is currently
undergoing a major property and economic boom, becoming the world’s #1 retirement destination
thanks to its ideal climate and accessibility to both the Caribbean and Pacific coasts. Panama has a
low cost of living; real estate, food, luxury and entertainment are only a fraction of what you would
pay in North America, Europe & Asia. Panama has an offshore banking district that is second
only to Switzerland, making it a safe and secure place
on
to invest. It is also home to more than 90 International Banks, including HSBC, Citibank, Banco do Brazil,
n
Dresden Bank, Banco Bilbao Vizcaya and Scotia Bank,
D
Asian Banks. A major project to widen the Panama CaA
nal is underway, an investment of $5.25 billion, this will
n
create more than 7000 jobs during the 5 year period.
cr
Another major investment in the country is the coastal
A
bbelt, which will widen the Balboa Ave. and allow pedestrians to enjoy walks along this avenue that will soon
tr
convert in the bal Harbour of Panama. As of March
co
22008, Panama became homeport for major cruise lines
including, Norwegian, Princess and Carnival
in
Btesh & Virzi Brokers Department offers: 100% of
B
the sale commission paid upon contract signing; Coth
op Service for Real Estate Agents; Marketing material
support; Secure and personal access to their complete
su
inventory; Multilingual trained agents available for asin
sistance and office open 7 days a week.
si
Velero development
Oceanía development
40
“Live & Invest in Brazil at BMP 2008”
Brazil’s Minister of Integration
welcomed a BMP delegation
Last August 4th, during the celebration of a debate forum oganized by ADVB – Association of Sales
and Marketing Companies in Brazil, the Minister of National Integration, Geddel Vieira Lima, held
an audience for a BMP delegation. The meeting, where a dozen Presidents of the main Brazilian
companies participated, served to make the success of the “Live & Invest in Brazil” initiative known.
The Minister as well as different professionals were interested in the organization of the event and
asked about the possibility, in a coming future, that Brazil hosted a Meeting Point devoted to the
Brazilian market exclusively.
The Minister of National Integration develops a role of spokesman between the Federal Government
and the totality of the Brazilian states.
SECOVI and BMP sign
a collaboration agreement
for the promotion of
“Live & Invest in Brazil”
among the Brazilian
professionals
Another one of the important meetings held by the BMP delegation was the
celebration, at the SECOVI headquarters, of a presentation conference of
“Live & Invest in Brazil”. The president of SECOVI, Joao Crestana, was present at the meeting, together with several members of his executive team and
with a large group of professionals. Enrique Lacalle’s intervention was preceded by a conference on the situation of the foreign investment in Brazil, by
the economist at the Banco Bradesco, Octavio de Barros, who highlighted the
importance of international capital in the good times that the Brazilian real
estate industry is experiencing.
Secovi and BMP signed a collaboration agreement that withholds special conditions for the associate companies that wish to exhibit at BMP or assist to the
International Symposium. This association gathers more than 40,000 companies in the state real estate industry. It has joined BMP with the aim of emphasizing the Paulist market at “Live & Invest in Brazil in BMP 2008. According to
Romeu Chap Chap words’s “The more Sâo Paulo’s professionals are there, the
more offer presented as also the more European product may become close to
the Brazilian market”.
Geddel Vieira Lima, Brazil’s Minister of National
Integration, with Enrique Lacalle
ADVB debate forum at the
Monte Líbano Club
41
Barcelona Meeting Point’s presentation event at the
SECOVI-SP’s headquarters. From left to right Arturo Malingre,
Romeu Chap Chap (Chairman of the Board of Trustees,
SECOVI), Enrique Lacalle, Carlos Campilongo Camargo
(Vice President, SECOVI) and Josep Pons
The State of Bahia has confirmed Pernambuco will present
its participation at BMP
new investment
opportunities at BMP
The Government of Pernambuco has again confirmed its participating in Barcelona Meeting Point. As part of the ambitious plan that the Pernambuco Secretary of Tourism is developing to attract investors, the participation at BMP will
be the main event in this second semester. The Government of Pernambuco
will present the Pernambuco Investor Guide, in both paper and digital formats,
that will show all the competitive characteristics of the state and the reasons
why Pernambuco must be a priority as an investment option. “We have several
areas available to invest here, in Pernambuco, at this time; thus, if you are an
investor and are reading this note, don’t lose your time and go to BMP, this is
the right time to invest” has invited Anderson Rocha, Director of Strategic Development at SETUR/EMPETUR.
Jacques Wagner, Governor of Bahia, together with
Enrique Lacalle at BMP 2007
Miguel Ignatios (President ADVB-FBM-IRES),
Geddel Vieira Lima, Brazil’s Minister of National
Integration, and Enrique Lacalle
From left to right: , Romeu Chap Chap,
Miguel Ignatios (President ADVB-FBM-IRES)
and Enrique Lacalle
For third year in a row, the State of Bahia will be represented at Barcelona
Meeting Point. The success achieved in the last editions, where Governor Wagner participated very actively, has led the heads of the Bahia’s Secretary of
Tourism to organize a new presence of this important state at “Live & Invest
in Brazil”. The State of Bahia is considered the capital of residential tourism in
North East Brazil, gathering an important number of resorts in its coast. Destinations such as Sauipe have become world tourist icons given the large number
of hotel chains that have applied their resources developing large resorts. It is
the pioneer state in the attractions of international investment, being the main
responsible of the tourist boom that is experiencing all the North East coast.
Pernambuco’s stand at BMP 2007
42
Sâo Paulo, “Guest City”, will exhibit mega developments at BMP
out their infrastructures, Sâo Paulo will have the opportunity to have international investors”.
“At BMP, where investors are anxious to do all types of business deals, Sâo Paulo
will present the largest and best opportunities”. Considering the participation
in the event as “the city’s debut at BMP, the great scenario of the international
investments”, the secretary Cotait confirms that, as a result of this action, Sâo
Paulo has definitely entered another scale of more visibility abroad.
Developments
The secretary of Foreign Affairs acts together with the Secretary of Urban Planning, through the Urban Municipal or Urban Planning (Emurb), responsible of
Sâo Paulo’s Urban Planning, and will exhibit urban projects approved by specific
laws, supported in agreements between the City Hall, private companies and
the civil society.
As outstanding city at BMP 2008, Sâo Paulo has already selected the developments that it will exhibit in an exclusive area at “Live & Invest in Brazil”. As
decided by the Mayor Gilberto Kassab, the Secretary of Foreign Affairs has the
strategic mission of contacting international investors to attend urgently the
city infrastructure works. With this aim, he approved developments with mixed
capital and has idealized a mode so that private initiative may participate in the
metropolitan transport project, that is the main demand in the paulist capital.
Resources
According to the Foreign Affairs Municipal Secretary, Alfredo Cotait, the public
authority does not have enough resources to attend the huge need to improve
the city public transport with 15 million inhabitants. “If we follow the example of
cities like Madrid and Barcelona, where public-private companies have carried
Urban Operations. Transforming
elements in cities
Urban operations are projects that have as their main objective the improvement in diversified ambits: economic, social and environmental, through
the transformation of the city landscape. In consequence, they are ambitious
projects that influence, directly and deeply, the quality of life of the local
population.
In order for the objectives to be achieved with a higher efficiency, the Urban
Operations have their own legislation and, in consequences, the projects are
more agile, avoiding bureaucratic processes that have a high economic cost
and mean a loss of time in the execution of the operations. These characteristic also enables that projects with a different nature may adapt better to the
region peculiarities. Urban operations are more effective if they are developed
through mixed societies where the public and private sector as well as the civil
society intervene.
There are important examples all around the world, like the urban planning
of the “Doca dos Olivais“ district in Lisbon to host the World Exhibition of
1998. All the project was created not only to work in the fair, but also to serve
as a space for culture, entertainment and living for all the population in the
following years with the installation of museums, shopping centers and pavilions for exhibitions. Also, the first Vasco de Gama bridge was constructed, the
longest one in Europe, a new underground line and a new transport terminal,
that provoked a deep transformation in the transport system of the Portuguese capital.
Fountains at the Ibirapuera Park
Ipiranga museum
43
Agua Branca Operation
The Agua Branca Operation is located in
the West side of the city, where the Barra
Funda, Perdizes and Agua Branca districts are located.
The region, key in the city growth at the
beginning of the 20th Century, is characterized by the existence of a great amount
of industrial warehouses and for a low
demographic density. It has an excellent
transport network, since it is located in a
privileged area between the two main city
streets, Marginal Pinheiros and Marginal
Tietê, and close to the access streets to
the city, the Anhanguera, Bandeirantes and Castelo Branco highways. Also,
the region is located
in the undergroundtrain station of Barra
Funda.
The Agua Branca Urban Operation has
as its main objective
the elaboration of an
urban plan for the
totality of the region
that guarantees a rational occupation of
the area, mainly by
properties and public
spaces, and the integration of the train
system, close to the
Tietê river to the urban landscape of the
region with the reurban planning of the
train margin with the
carrying out of drainage works.
In London, the most renowned urban transformation project is the “Thames
Gateway Partnership”, that includes several activities surrounding an area
characterized by the “brownfields”, spaces previously occupied by dangerous
industrial installations, at the river Thames margin, that had been abandoned
for decades. The actions include initiatives in the transport system, with the
creation of a hub in the region, apart from several incentives for the implementation of new-technologies, e-commerce and environmental industries
that seek the economic development of the local community.
Urban Operations in the City of Sâo Paulo
In 2001, under the title of Federal Law, was created the city statute, that defined the obligation of writing a Directory Plan of Urban Policies for all the cities
surpassing 20 million inhabitants. This meant the opening in Brazil of a new
phase in the urban planning area.
However, the city of Sâo Paulo, as a pioneer in Brazil, developed the first Directory Plan in 1971, the year of the creation of the Urban Planning Municipal
Company (EMURB). One year later, in 1972, the first law of city areas was defined, in a moment when the city had high growth rates. With regard to the first
urban operations, they were gathered at the “Covas Plan”, presented in 1975.
Also, in 1990 the first initiative was specified in Sâo Paulo, the urban operation
Anhangabaú, that revitalized the Anhangabaú valley transforming it in a space
for interaction and solving a very serious traffic problem by diverting the flow
through a tunnel constructed under the valley.
Once the “city statute” was created, urban operations have been properly ruled, appearing the modality of urban operations developed through consortiums, with a specific model of societies with mixed capital between the public
and private sector. If, until then, the public authority was the only administrator of urban policy, in the consortiums participate groups of companies and
individuals in the definition as well as in the execution of the projects.
Aerial view of the Ibirapuera Park
Being an urban operation to be developed through a consortium, an additional
stock has been foreseen of 1.2 million
sq. m. building capacity. Out of this space, 300,000 sq. m. are for residential use and the rest for
commercial use. The CEPACs may be obtained through payment in cash, the
carrying out of works or the buildings cession. These resources will be placed
in a fund and administered by a council made out of members of the City Hall
and the EMURB.
In this urban operation, one of the main members of the City is the construction company Ricci Engenhería that, as counterpart of the permit to construct
higher than allowed, is going to carry out several works that will be defined by
the EMURB.
There are several incentives offered for these urban operations. Apart from
the traditional fiscal incentives, where the public authorities exempts the participants from several impositions for a defined period of time, there are also
incentives through the negotiation of licenses that, as an exception, they alter
the building potential and the height foreseen in the land use law, thus, the
city deals with the permits and allows constructions with specifications out of
the limit allowed by the area laws. This is how the “Certificates of Additional
Potential in Construction” (CEPAC) were born, that are bought by companies
that wish to build in a specific place. The City limits all the additional areas
where these certificates may be bought and the resources obtained in these
negotiations are applied in the region limited by the urban operation.
Urban Operation
in the City Center
In the city of Sâo Paulo there are several urban operations at present time, to
be highlighted:
The objective of this project is the
promotion of the residential occu-
The Urban Operation in the city
center encloses all the region of the
old center of the city and some of
the historical districts surrounding
it. The main intervention, located in
the Luz region, a very degraded area
in the city center, has been named
as “Nova Luz Project”.
44
pancy in the region, an important agent for its regeneration,
to get back the historical patrimony and develop business
tourism. For this, fiscal incentives have been foreseen, negotiations with CEPACS, regularization of properties and
public spaces cessions above
as well as below ground. The
resources obtained with these
incentives have already been
The revitalization of the “Largo da Batata”, a place known for its lane intersection
vocation, will be based in the moving of the bus terminal to a more appropriate
place, with the objective of connecting the metro system and the metropolitan
train to an Intermodal Transport Terminal. Apart from this improvement in the
public transport, the moving out will be vital for the revitalization of the area and
for its urban planning process already planned.
45
Agua Espraida Urban Operation
The Consortium Urban Operation Agua Espraida was created in 2001, with
the objective of restructuring the lane system of the avenue Jornalista Roberto
Marinho, previously known as Avenida Agua Espraida, so that the system would
reach the “Rodovia dos Imigrantes” and so that there existed an adequate connection between the Rodovia and Marginal Pinheiros.
used. The Patriarca place, for example, was remodelled with resources from the operation.
The Luz region will host
technology and innovation companies that
will not pay territorial
taxes and that will benefit from fiscal incentives, that will lead to a
more regular occupancy of the region. The
CEPACs, however, will
not be available for this
operation.
Also, public investment
has been and will be
made in the recuperation of Nova Luz. Until
the end of 2008, 6.2
million euros will be invested in several works, like the installation
of new public lightning, new optic fibre conductions and the construction
of new sidewalks. The region will also have several public installations, like
schools and governmental general directions, to guarantee a high occupancy,
as well as social organizations that will offer support to the population that
lives there currently.
private initiative to achieve the project objectives. It is expected to adjudicate
10 thousand housing units to families living in irregular and deteriorated regions along the Avenida. Thus, living complexes and new parks and green areas
will be constructed so that there is a correct occupancy that leads to a substantial improvement in the inhabitants’ quality of life.
Faria Lima Urban Operation
For the carrying out of the works, it was decided that the resources would be
obtained through CEPACs. Out the maximum reserve of additional construction area, around 2.55 million sq. m., half of them have already been used.
Through the negotiation of certificates, the municipality gathered, up to date,
RS 821,728,565.57, out of which RS 400 millions were already used in works
and services.
The Faria Lima Urban Operatin, created in 1995, was the first urban operation
done in a consortium in a city. Its main objective was to transform the region in a
services area, considering that it was becoming the most dynamic area in the city.
The resources administration is a responsibility of the Management Group of the
Consortium Urban Operation Faria Lima, made of representatives of the municipal public authority and nine representatives of the civil society.
The project includes a series of works key to solve the problem of traffic flows
and to facilitate the connection with other regions. Also, the project was also
searching the revitalization of the “Largo da Batata”, an area too deteriorated
where there is a bus terminal and an important nucleus of irregular trade. The
main lane works along the Avenida Faria Lime, like the intersection tunnes in
the “Avenidas Rebouças/Eusébio Matoso” and “Avenidad Cidade Jardim” were
already carried out, leading to a considerable improvement in the traffic and the
access to the city South area.
A maximum reserve of additional construction area of
3.75 million sq. m. was generated for the project, divided
according to the needs of
each sector. With the negotiation of the 600,000 sq. m.
used up until now, the municipal government gathered RS 511,115,477.20, out
of which more than RS 300
millions were already used
in other services and works,
like, for example, the two River Pinheiros bridges.
The restructuring project
encloses the lane works as
well as the revitalization and
re urban planning process of
all the Avenida place, formed
by very different regions of the city. Once that some of these regions that already had real estate dynamics, has been possible to obtain resources out of
This urban operation of the municipal government was vital for the economic
development, where important lane connections were created; for the social
development, since structured housing units were constructed surrounded by
recreation areas; and, finally, for the environmental protection, through the
creation of green areas along the Agua Espraida. The project represents a
consortium urban operation, since the objectives are based on the urban restructuring of a place linking economic, social and environmental ambits, apart
from representing the joint efforts of the private and public sectors, apart form
the civil society.
46
BMP 2008 - International Exhibitors News
Discover PIPA: Europe in Brazil
CAP CANA, a great destination with world class hotels
P Natureza Empreendimentos, a developer company, has joined efforts with the marPipa
keting and sales company Pipa Natureza S.L, in Barcelona, to promote throughout Euroke
pe, offering the highest professional standard and always within the legal pertinent frap
mework, their real-estate products in Pipa and Sibauma, located in the municipal area of
m
Tibau do Sul, north-east of Brazil.
T
The town of Pipa, approximate population 5.000, receives 1,000,000 tourists per year.
T
Pipa, nature reserve of Mata Atlántica, home to many Europeans, with an excellent infrastructure and a wide range of services available, not to mention some of the best beaches available in the Country, and is the ideal place for European tourists.
Pipa Natureza Empreendimentos is currently developing several real-estate products, of
the highest construction standard, among which are: Mata Atlántica, Quinta do Sol and
Jardins de Pipa. The developments located in prime areas, have individually designed
single-family homes in lots of 450 m2, building time is reasonably short, in a privileged
natural surrounding, very close to Playa do Madero, considered one of the five most beautiful beaches in Brazil.
They are also promoting the
developments of Sibauma Flats
(27 apartments) and Mirante
de Sibauma (8 apartments)
next to Sibauma Beach, on the
seafront.
Perspective of Sibauma Flats
Quinta do Sol housing units
COMMERCIAL OFFICES
IN EUROPE:
Pipa Natureza S.L
C/Diputación nº 260
(esquina Paseo de Gracia),
1ª Planta. - 08007 Barcelona
Teléfono: +34 93 505 19 20
Fax: +34 93 492 94 05
www.pipanatureza.es
INVERSUD develops “Atalaya del Mar” in the Dominican Republic
INVERSIONES EN SUDAMERICA S.L., INVERSUD is a Spanish investor group with
a residential and commercial development under way in the Dominican Republic,
Atalaya del Mar. The company MACURCA & COMPAÑÍA is in charge of the execution of this development in a 19.647 sq. m. site that has a wide commercial area with
business premises and offices totally isolated from the residential buildings.
Atalaya de Mar is located in a privileged area, close to the Mirador Sur park, Santo
Domingo’s best city lung, two blocks from the promenade and from the city loop
(Luperon) and three blocks from one of the best Dominican social Clubs, Casa de
España.
Many of the apartments have views to the Caribbean or to the Mirador Sur park. Besides, this project has leisure areas for children and for adults, as well as a walk-path at the top of the A building with spectacular views to the sea. All the apartment
buildings have an elevator from the parking, where there are also storage rooms on
optional sale.
The project is composed of 1, 2 and 3-rooms apartments, penthouses, commercial
premises and offices. Everything is planned for any available residential unit users’
comfort, from the privacy and security lent by an enclosure with an exclusive park area for residents, permanent
king
v
vigilance
service, etc.
T perfect finish of the apartments
The
is another of the attractiveness
th the project offers. The floor
that
a walls in rest rooms and kitand
c
chens
are made of first quality
im
imported
ceramic, and it has exc
cellent
woodworks, etc. Prices for
th projects are very interesting,
this
s
starting
from euros 60,000.
w
www.atalayadelmar.com
o call + 1-809-530-8008.
or
ee-mail: ventas@atalayadelmar.com
47
Atalaya del Mar residential development
Atalaya del Mar website
Cap Cana’s marina
Sanctuary Cap Cana’s Hotel Royal Suite
C Cana is the most important tourism and real estate development in the Caribbean
Cap
kn
known as The World’s New Great Destination, where visitors will indulge in more than
fivve kilometers of spectacular beaches, exquisite gastronomy, one of best golf courses
in the world, the most modern and complete Marinas in the Caribbean, world’s best
fishing, luxurious spas, lush ecological reserves, and fantastic hospitality.
W
With the opening of the exclusive Cap Cana Sanctuary Golf & Spa, Cap Cana has started a new stage in luxury hotel tourism in the region. Cap Cana Sanctuary Golf & Spa is
a 5 star hotel, considered as one of the most luxurious hotels in the Caribbean. Its conceptual design is inspired by a classical romantic colonial city. With references to the
cities that were founded by the Spaniards during colonial times in the Americas, the
construction reproduces an elegant and comfortable atmosphere with the most breathtaking Caribbean landscape. Sanctuary contains 176 suites that range from 75m2 to
550m2 in coverage. It has over a kilometer of exclusive private beach to offer its guests,
and every suite has excellent views to the Caribbean Sea. The Cap Cana Sanctuary
Golf & Spa is also facilitated with conference centers and presentation rooms to accommodate up to 500 people, and a Spa of 3,000 square meters, completely equipped,
operated by the prestigious Mandara Spas chain.
Added to this is the unique Caleton Villas group. A set of 3 and 4 bedrooms’ villas
located next to the Caleton Beach Club and the Nicklaus Signature Punta Espada golf
course. This is the most exclusive place in the Dominican Republic.
The Cap Cana Luxury Retreats
also consist of luxurious Marina
Apartments with spectacular panoramic views to the Caribbean Sea and
Juanillo Bay, completely surrounded
by exuberant natural beauty. For fishing enthusiasts, the in-land Marina is
currently equipped with 81 berths to
cater to yachts up to 150 feet in length, complementing the fantastic boutique shopping, restaurants, and bars.
LAS QUINTAS HOMES, high quality developments
in the Dominican Republic
LAS QUINTAS HOMES is the trade mark created by the Spanish promoters Renta Inmobiliaria
Punta Cana, S.L., for their poject developments in the Dominican Republic.
Their unique housing developments are characterized by the high quality in its conception,
design and execution and the selected placement on the country’s main vacational and residential paradises. Added to this is the effort to offer an atractive and competitive price, resulting on a distinctive product that will satisfy even the most demanding taste and will ensure
at the same time an excellent investment.
The following projects are currently under development:
At Playa Bávaro, Punta Cana: LAS QUINTAS DEL HOYO 8 and LAS QUINTAS DEL HOYO 10, both
inspired on their successful first Project LAS QUINTAS DE COCOTAL, located, as these, at Melia’s
“Cocotal Golf“, enjoying its tropical surroundings and magnificent views to its golf course.
LAS QUINTAS DEL HOYO 8, a group of 9 two story villas, with ample and light apartments, that
will also enjoy private pools, gardened areas and parking.
Phase 1: Ready for delivery. Guaranteed Rentability first year: 5%
Phase 2: Delivery on February 2009.
LAS QUINTAS DEL HOYO 10, The Duplex Houses: housing development of duplex villas with
p
private
parking and optional private pool
a personalized layout.
and
A Juan Dolio: SUN SET BEACH TOWER,
At
n Santo Domingo capital and the future
near
I
Independent
Financial Center of the Amer
ricas.
This modern building with spect
tacular
cosmopolitan design, will enjoy a
p
privileged
beach-front location right on a
C
Caribbean’s
paradise beach. Wide and lum
minous
loft-type, duplex and pent-house
a
apartments
with panoramic Caribbean Sea
v
views
from their terraces. Contemporary
a fully equipped: reception, pool, solaand
r
rium,
private beach…
Sun Set Tower in Juan Dolio
The hole 8 Quintas
48
ORBIS LEGAL INVESTMENTS offers legal advice
to investors in Romania
General view of Transylvania
Parliament of Romania
R
Romania
is passing nowadays through the best period of the last ten years, with important and sustainable economic growth of approximately 8% led by the sector of
p
the construction (more than 32%), the spectacular increasing of the demand, both
th
public and private, and the boom of the direct and indirect foreign investments (it
p
ooccupies the third position among the countries of the region and the fifth at European level with respect to the preference of the investment destination), without
p
forgetting the facility to obtain financing that the local banks grant to the citizens
for the purchase of houses.
The legal security becomes the central element at the time of selecting an investment in Romania, especialy when the succes of the operation depends mostly on
it. ORBIS LEGAL INVESTMENTS offers professional services in the areas of legal
consultancy and legal advice from the beginning until the investment is completed.
Its lawyers, with expertise in international Laws are the best guarantee of security
and best advises to invest on a market in constant growth, but unknown for the
new arrived investor. At the same time, its clients will have the opportunity to know
first hand products of real estate investment that ORBIS LEGAL INVESTMENTS
will offer exclusively during this event,, focusingg on Urban and Agricultural
lands
g
situated outside Bucharest.
To be correctly advised by an
expert consultant of the Romanian laws can be the key element
in order to maximize the benefit
of the transaction. In this event
visitors will have the possibility
to meet at first hand the great
variety of options that ORBIS
LEGAL INVESTMENTS offers
in order to minimize the risk
linked to the lack of knowledge
about the Romanian market.
GPB Group opens an office in Bucharest and strengthens
its international expansion
Due to the slowdown in the domestic market, GPB Group has decided to open up to
two emerging markets with great business potential: Romania and Mexico.
GPB Group’s development in Romania is the response to the need to provide
its clients with services where and when they are required. Together with the
company’s strong expansion policies, this has led us to open an office in Bucharest,
with the creation of GPB INGENIERIA ROMANIA.
The company’s objective during this first year has been to find out about the local
legal and technical regulations so that we are able to cover the requirements of private clients who intend to develop initiatives in Romania, but often lack technical
support or are forced to undertake projects without the peace of mind of knowing
that theyy are receivingg ggood advice.
A
As regards the staff of GPB
R
Romania, it consists of a multi
tidisciplinary team in which
in
international experience is
p
provided by the management
aand local experience is sup
pplied by Romanian experts.
G
GPB Romania is committed
to adapting and implementing
oour protocols and procedures,
aapproved by its clients worldw
wide, allowing the company to
ggain a more accurate idea of its
cclient’s objective and therefore its own, which is to optimise profitability, ensure quality
aand reduce the completion
sc
schedules in all projects.
Development at Ramnicu Valcea street in Bucharest with 14 floors
and 3 underground floors. Client: TR Corporacion Inmobiliaria
49
ROYALTY REAL ESTATE offers practical real estate solutions
Royalty Real Estate provides practical real estate solutions that are distinguished
by class and sophistication in choice. Its Freehold Residential Division assists buyers and sellers interested in bulk or individual purchases and sales of villas, townhouses, apartments or penthouses. This division specializes in off-plan residences
and investments, as well as secondary market sales.
has managed to gain the trust of
long-term clients, whom it continues to provide with practical
solutions based on their business
demands.
Residential Leasing Division. With a large portfolio of properties on its books
throughout the year, those searching for an attractive home or a short-stay residence will be pleased to find solutions to all their requirements at Royalty Real
Estate’s Residential Leasing
Division. On the other hand,
landlords can rely on the
company’s wide spectrum of
experience in leasing all types of properties, and they
can rest assured that they
can find the right tenant for
each property.
Project Sales & Marketing Division. Royalty Real Estate specializes in project development,
Commercial Division. The
Commercial Division handles
retail and commercial office
space, commercial land plots,
warehousing and industrial
space, as well as labor accommodation- both for lease
and for sale. Landlords and
commercial clients decided
to trust Royalty Real Estate
to find an appropriate lease
or sale at a suitable price in
extremely tight supply conditions. Thus, the company
The Palm Jumeirah
Burj Dubai
management
management, marketing and
sales for influential and wellestablished property developers that are leading the
market and deliver on time.
Royalty Real Estate opts for
the single best project in a
given area and avoids undertaking competing projects.
Buyers realize that they have
received punctuate service
from a team of property developers that withholds diligence and fulfillment of agreements, while developers are
pleased to receive actual, intelligent support, not merely
lip service!
CORUS LAND expands its activity to China and Romania
CORUS LAND is a property developer belonging to Holding Corus Wind, with a capital superior to € 10 millions and of which activity areas are spread all over different
countries, such as:
• Romania (Ibiza House) - Residential and tertiary activities (since 2000)
• China (China Ningbo European Industrial Park) - (Industrial since 2002)
China is nowadays a strategic country in terms of industry, trade and logistics. In the
last few years, its GDP has increased on an average of 9.5% and China is currently the
world’s second economy. It is for that reason that CORUS LAND has gambled on this
country made up of more than 13000 million of inhabitants, and thanks to its knowledge about the Chinese market since the year 1985, developed in 2002 an industrial area
in order to facilitate the setting-up of PYMES.
CHINA NINGBO EUROPEAN INDUSTRAIL PARK is a built industrial area of
220,000m2, located in a new developed economic zone, Hangzhou Wan New Zone, and
equipped with the latest facilities. The area is provided with buildings for selling or
renting from 1,000m2 to 20,000m2, to help out in the construction of firms and in the
management of different areas.
The business park is also provided with houses and a canteen that can hold up to 3000
workers, besides restaurants, fitness and table tennis courts etc.
Moreover, it relies on the institutional support of the Sabadell Chamber of Commerce (Barcelona) and Copca (Consortium of Commercial Promotion belonging to the
C
Catalan
Parliament-Spain) as
“l
“landing
area”.
It location - in an important
Its
in
industrial
development triangle
m
made
up of Shanghai-HogzhouN
Ninigbo,
and its impressive
c
communications,
favored by last
J
June
inauguration of the world’s
lo
longest
trans-oceanic bridge
( km) - make of this enclave
(36
a outstanding zone for indusan
tr settlements in China.
trial
Corus Land’s industrial park in China
50
Invest successfully in Budapest with DANUBIOHOMES
an analyzes all the necessary variables to end successfully each of the
and
in
investments that the company manages.
A 20% of the country’s population lives in Budapest (approximately 2
million inhabitants), and means a 60% of the GDP of Hungary. It is,
m
with no doubt, the commercial, political, financing and tourism center of
w
the country, and the neuralgic point of employment creation (industry,
th
services, tourism, etc). This brings migratory movements both throughout the country and from other EU countries and abroad. From the
investment point of view, the purchase of new construction of one of
the developments recommended by DanubioHomes means an excellent
choice, due to the current rates.
One of the recommended developments is the Danubio Resort, the
largest Central Europe project in the heart of Budapest, with 500,000
square meter area built in different stages. The investment value is 500
million euros from private capital plus 72 million euros from public funds
for common areas. The Sun Resort is located in the very center of Budapest. Thanks to the excellent location of the project, the services rendered and the existence
of public transportation, it is the best residential real estate
project in Budapest.
Danubio Resort, at the heart of Budapest
Pedestrian walk at Danubio Resort
DanubioHomes is a company specialized in property brokerage in Budapest, addressed to
investors looking for new opportunities in emerging markets within the European Union,
because of the aknowledgement and security that the common regulation scene offers,
the geographical proximity and the increasing cultural affinity. DanubioHomes manages
VILA NOVA DE GAIA offers exceptional conditions to investors
Vila Nova Gaia is an exceptional city centre located in Europe’s west coast, on the
north-west of the Iberian Peninsula, in the south bank of Oporto’s Metropolitan
Area. Vila Nova de Gaia is the city of the north Portugal which has experienced the
strongest growth in recent years. With a policy focused on attracting investment
and to promote the local business opportunities abroad, the autarchy has created
the Investment Agency - AMIGaia, EM, aiming to provide exceptional conditions to
domestic and foreign investors committed to the development of the municipality .
Vila Nova de Gaia is developing three new Business Parks where research and development center will be installed. It also aims to create a network of industrial
centers in all municipality boroughs.
Vila Nova de Gaia’s Masterplan will value history by rehabilitating the historical
center, Port Wine’s home, not only recovering the public area and its property heritage, but also building new habitation, commercial and service centers, as well as
extensive green areas.
The Douro’s river front is being revitalized and this is generating excellent investment
opportunities. The Polis intervention will redesign the entire riverside landscape and
anticipates the creation of areas that will provide the full use of Douro’s bank.
D
Douro
states is an strateggic study to upgrade farms
in high quality residential
aareas, also a important invvestment opportunity set
in high potential multi-use
urban operations, incluu
ding housing and sport
d
facilities, such as golf, and
fa
nautical activities.
n
This urban space is, in fact,
T
a territory of seduction,
ccreating a large amount of
investment opportunities.
in
Vila Nova de Gaia is the city of the north Portugal which
has experienced the strongest growth in recent years
52
BMP 2008 - Exhibitors News
PROMOMED goes for green signature property
Surprisingly enough, quality, innovation and avant-garde design can be compatible with a sustainable environment. Good examples of this are the building that
PROMOMED will present at Barcelona Meeting Point 2008. Among some of their
newest developments to be launched at the event you will find the Golf Masía Bach
Residential Complex, situated at the foot of the Montserrat Mountain and the Tiana
Residential Complex, not far from Barcelona.
CAIXA CATALUNYA will present at BMP the CAP Mortgage,
the Moving Program and the Foreign Currency Mortgage Loan
CAIXA CATALUNYA, one of the leading firms of the Spanish banks ranking, will be
present in Barcelona Meeting Point for one more year. Its specialized staff will show
its wide range of products, among which the Mortgage CAP, the Housing Exchange
Program and the Foreign Exchange Mortgage Loan are to be pointed out.
Golf Masía Bach, located near the town of Sant Esteve Sesrovires, forms part of
a housing development of ground floor semidetached garden terrace duplex
apartments. The housing establishment, with communal area and swimming pool,
has an element of quirkiness to it: from any of the property’s windows is possible
to enjoy a view of one of the most well kept golf courses in the province. A perfect
location for peace seekers, nature and sports lovers, guaranteed to accommodate
all their needs.
The Mortgage CAP limits the risk of increase of the depreciation taxes, because
you can chose the maximum interest rate to be reached in case of increase of the
interest rates.
The Housing Exchange Program gives a global solution of financing addressed to
home economy, in order to fill
the financing needs caused by a
change of house. The “Housing
Exchange Program” consist of a
transitory financing to face expenses and initial payments related to the change of house, a long
term financing corresponding to
the property value and a Period
of Wating for Sale Guarantee, by
which Caixa Catalunya commits
in written to facilitate the payments until the old house is sold.
The Tiana Residential Complex is another of PROMOMED’s latest promotions. It is
made up of three buildings of 28 2-4 bedroom apartments surrounded by gardens
and a communal swimming pool. The company’s philosophy is to maintain a sustainable environment, use quality materials and strictly control the materials used to
finish off the building; and this is exactly the policy under which the Tiana Residential Complex was built.
Tiana residential development
Font Romeu’s development
PROMOMED is a company dedicated to the promotion and management of property projects
in the first and second-home
market. The management team
has had 20 years experience in
the sector. Although main activity is focused on Catalonia
and the Balearic islands, in the
near future PROMOMED is to
expand it’s business across the
rest of Spain and abroad.
UCI offers a new subsidised mortgage plan
UCI is a leader in the marketing of mortgage loans through specialists in
the real estate sector. The company was formed 20 years ago as a joint
venture by two of Europe’s largest financial groups: Santander and BNP
Paribas. UCI employs more than 600 real estate specialists with a network of agencies in Spain, Portugal and Greece.
53
“La Pedrera” building in Barcelona
Caixa Catalunya’s headquarters
The Foreign Exchange Mortgage
Loan allows the borrower a financing in lower interest rates, due
to a change of currency at the
end of each period of the loan without exchange commission.
GRUPO MASA, 35 years building homes with all
the comfort and services
ISince 1973, all the company’s industrial, commercial and urban projects and its
sites have always been characterized by being well located and offering high quality
finishings, with special architectural personality and excellent value for money.
The goal of UCI is to always offer the best solutions to professionals by
continually developing new programs to facilitate their work. To that
end, UCI offers, amongst other ideas, the new subsidised mortgage plan.
Aimed at promoting the sale of new housing, this plan has become the
flagship of key national developers.
Residencial Monte y Mar of Grupo MASA is situated in the very heart of the Costa
Blanca, a place where cliffs border large beaches of crystal waters, mobile dunes
and green pine forests offering the possibility of entering a natural landscape in accordance with the most modern facilities. Only 800 meters away from the seashore,
this tourist complex located in Santa Pola offers all the comfort of living 10 minutes
away from the main city in the region.
This plan gives house buyers exceptionally low rates that allow for peace
of mind during the early years of their mortgage.
Montecid of Grupo MASA is surrounded by a vast range of mountains, in Monforte
del Cid, one of the towns with more charm in the area of the Vinalopo river. The
proximity to Alicante city, with its beaches and multiple resources, turn Montecid
into an ideal place to enjoy a new life surrounded by nature, an excellent climate
and all the advantages of being 5 minutes away from the main city.
UCI’s participation at Barcelona Meeting Point this year will provide a place for professionals
to meet, and strengthen and reinforce
th
both business and
bo
personal relations.
pe
The booth’s theme
Th
will focus on Vietw
nam, the location of
na
UCI’s next trip with
U
its key clients, to
ta
take place in 2009.
Sierra Golf Resort is locaSi
ted in Balsicas, a beautiful
te
village in Murcia.
vi
The UCI booth last April at SIMA
(International Real Estate Exhibition of Madrid)
Its strategic position allows
all the families that deal
cide to live in this Resort
ci
to have at their disposal
all the things that anyone
al
may wish to have: a climam
te where the sun shines the
whole year round, nearby
w
beaches, the Mar Menor
be
and its natural muds with
an
tested curative effects…
te
Residencial Sierra Golf. Award to the best residential
development in Murcia by the Spanish Property Awards
54
ASEFA, innovating and improving the quality of its products
55
REYAL URBIS own land for the future construction of 65,000 homes
The current situation of construction industry needs to be able to adapt to the changing market and look for new ways to revitalize it. In this sense, the strategy of ASEFA, the only insurance company in Spain specialized in this area, is to make a bet on
the innovation and improving its products and services’ quality. As a quality assurance, ASEFA has the AENOR certification under rule UNE-EN ISO 9001:2000.
At present time, the company, which obtained a turnover of 155,1 million euros in
2007, is considering entering new markets, and during the second semester of the
year will launch new products related to the construction’ sector.
In order to satisfy the needs of the developers, the company has recently launched
the first triennial guarantee for secondary work, installations and waterproofing,
which eliminates the first observation’s year. This is an optional coverage of Decennial Damage insurance’s basic guarantee, which covers property damage occurring
in the building as a result of faults or defects in the secondary work, installation and
waterproofing.
According to data from the OCU, the claims, related to moisture and secondary
work (and finished enclosure), represent 44% of the total claims related to housing.
In addition, most of the moisture damage due to project’s errors or execution occurs within the first year of a
building’s life.
For this reason, the triennial
guarantee without the first
observation’s year is increasingly necessary for those developers who want to offer added
value to their customers.
ASEFA has launched the first triennial guarantee
for secondary work
With this release ASEFA anticipates future legislative requirements, offering the integral
insurance response that the
clients demands.
Ciudad Forum skyline
REYAL URBIS is one of the major Spanish real-estate companies and leader in the
middle-priced primary residence sector, present in over forty cities throughout
Spain and Portugal, and is a reference in the real-estate sector. The company’s
turnover for 2007 was over 1.560 million euros, with assets valued in 10,500
million euros.
With 9,5 million m2 of even building land, with the potential of developing around
65,000 homes (as of December 31, 2007), REYAL URBIS has become one of the
main real-estate developer’s in Europe. They have over 10,000 residential developments, as well as 160 developments in progress and low-cost prime property
in 300 locations.
Reyal Urbis also has a large number of developments in the Barcelona metropolitan area, among which are:
• Residencial NOVA EULÀLIA: that includes the building EDIFICIO PROVENÇANA, a future park and park area of 3,000m2 and features homes of different styles
and designs. The development is located in Hospitalet’s neuralgic and communication centre, with excellent services. T: 902.411.611.www.reyalurbis.com
• CIUTAT FÒRUM – La Gran Manzana (the Big Apple): The new phases, TORRE
FÒRUM (16 floors) and EDIFICIO MAR, two emblematic developments, with
spectacular views, enjoy the best possible locations in prime areas.
T: 902.365.560. www.ciutatforum.com
RESTAURA will present at BMP a wide commercial offer
of new housing units
Remaining faithful to the annual meeting with Barcelona Meeting Point, Restaura attends a year more the Catalan real estate exhibition presenting in this
new edition a wide commercial offer of new dwellings in Barcelona, in the best
locations of the city.
Passeig de Gràcia 16 stands out among them; it means the restructuring of an
offices building located in one of the most important commercial thoroughfares of the city. It consists of dwellings of 1, 2 and 3 bedrooms with best quality
finishings and modern domotics installation. Girona 110 and Còrsega 402 also
stand out for their location, right in the centre of the Eixample and very well
connected. The first one offers 1 and 2 bedrooms flats in a building preserving
the original 19th century façade, while the second one has 1 bedroom flats
with modern and functional layout. Two of the flats of this development are in
duplex flats and a 2 bedroom flat is on the last floor.
Can Riviere development is located at only 35 km of Barcelona, in Sant Andreu
de Llavaneres, a new residential complex of 72 2 and 3 bedrooms dwellings laid
out in six buildings. The development also includes wide landscaped areas and
a swimming pool.
C O M M U N I C AT I O N - M A R K E T I N G - G R A P H I C D E S I G N
Valencia, 283 pral. 1ª • 08009 Barcelona • SPAIN • Ph. 934 673 181 / 934 876 495 - Fax. 934 878 096
ovalls@joker-line.com - joseluis@joker-line.com
M
Moreover,
Restaura
al offers a wide
also
ra
range
of possibilitie for living in dities
ffe
fferent
locations of
Ba
Barcelona
in just refu
furbished
dwellings
wi
with
most up-toda finishings.
date
Living room at the Paseo de Gracia development
Living room at the Córcega 402 development
56
IN THE WORLD MAGAZINE, the best quality communication
and information tool for the Spanish investor
57
THE CITY OF BARCELONA will develop new
public housing on lease hold basis
According to the fact that there is never market crisis everywhere in the world and under the current context of the real estate market in Spain, In The World Magazine was released on January
2008, the only press and on-line media published in Spain specialized in international real estate
investment. The following figures prove the previous statement: in 2007 the Spanish purchased real
estate in other countries by more than 3,500 million €, approximately 5,000 million US$, being Spain
one of the most active European countries in this economical segment, mainly operating in Latin
America, New York, Miami and Eastern Europe.
RPI. On the other hand, the right to land lends more security and guarantee
because the user will stay in the house during 75 years and pass on the right
in heritage.
The important impulse that the Hosing Plan has given to the Public Housing
position in Barcelona has contributed that at current it has one of the highest
percentages in comparison with other Spanish cities. In that sense, it’s notable
that a delegation of BAGURSA in the district of Marina del Prat Vermell was
opened by the City Hall in June. This office will manage the development of
the new district from the neighborhood. The impulse forecast of new housing
in this location from current to 2011 is close to
11,000 units (over half of the new construction will be public housing, a 50% of
which will be to rent).
In The World Magazine arises to the Spanish publishing market just in the precise time when
the circumstances of the economy worldwide make evolve the available cash flow towards the
investment in international real estate. Step by step it becomes more attractive and profitable
compared with the real estate investment inside Spain as well as the investment in other finance
products and services.
In The World Magazine looks to become the optimum vehicle of the information flow, upon qualitative and quantitative basis, among the developers, investors, brokers and products
and services suppliers related to the international real estate frame hitting them with
a format of monthly publication of which
they distributed 35,000 units inserted in
the financial newspaper leader in Spain.
In the World magazines’ covers
In the World magazines website
In The World Magazine is positioned as a
quality tool for the decision taking of Spanish investors in real estate products or
projects in foreign countries and during the
BMP 08 edition will introduce the magazine
as well as the results and conclusions of a
market study called “Evolution of the Spanish real estate investment towards other
countries. New scenarios of profitability”.
Can Cortada development, in the Horta-Guinardó district
La Clota development, in the Horta-Guinardó district
The City of Barcelona, through the Housing Municipal Board, has started a new formula to keep the ownership: it’s about the commitment of not to sell the land of the
public housing that the town council builds and replace the sale for the so-called
“right to land”. The right to land means to pass on the building property but not the
land property, during a limited period of time (similar to a concession). After this
time, the building property passes on the Administration ownership.
The main advantages of this formula are: from the economic point of view, it is
more profitable than a rent for the user, due to the fact that he will be able to have
access to the house at a very special rate during 25 years and with constant monthly payments. After this time, the user won’t have to pay again, while the rent is
paid as long as the contract prevails and with a yearly increase equivalent to the
GRUPO ACTUALIDAD offers the information required
by the industry professionals
60,000 euros for a quality housing unit,
the new JUNTA DE EXTREMADURA’S project
The Grupo Actualidad is a global organization with three lines of activity: publication of technical magazines, agency of communication and organization of
big events.
One of the most ambitious projects that the Junta de Extremadura is facing aims
to reconcile business profitability with guaranteeing the access to a quality housing
unit with accessible prices for all citizens. This challenge, very difficult to be achieved in other autonomous regions, is beginning to become a reality in Extremadura.
Information has become in the 21st Century a strategic tool for a company and
professionals need documentation about the changes that take place all the time.
As an answer to this need, the Grupo Actualidad has two cover leaders of the
sector: Actualidad Inmobiliaria and Actualidad Logística.
But, what formula may bring together a private business deal with the general interest in the sale-purchase of housing units? The executive headed by Gullermo
Fernández Vara knows where the key is. Years ago, the Junta de Extremadura decided to bet on the construction of public housing as the best tool to achieve that the
great majority of citizens had the possibility to access a quality housing unit.
Actualidad Inmobiliaria is the answer that the professionals of the real estate and
industrial sectors require to complete their information need. This publication
presents a big variety of contents, attending to the different areas that compose
the wide real estate.
Through the Special Housing Plan and using, if necessary, a specific territorial planning figure for Extremadura called Regional Interest Projects, the Extremadura
government placed the foundations of the success in the matter of housing. This
figure allows to urbanize a land aimed for residential use with the condition that all
the housing is public. In order to make all the land plots profitable for developing
very low cost housing (60,000 Euros), these were combined with more profitable
h
housing
such as Medium
H
Housing.
This way, the Junta
d Extremadura promotes
de
t integration of different
the
r levels in the same area.
rent
Between other contents, the interviews to the directors of the companies, the
special of National and International and the sections of Shopping Centres, House,
Hotels, Financial, Fairs and Words of the Experts may be highlighted.
A
Actualidad Logística, on the
oother hand, presents a big vari
riety of contents, attending to
th
the different areas that composse the wide field of the logistics
aand the transport. Between
oothers, are leading the terrestr
trial transport, aerial, maritime
aand train, like this as the transp
port intermodal, the packagges, the logistics, the teams of
n
nourishment, the transitarios
aand the consignatarios.
Actualidad Inmobiliaria’s magazines’ covers
Grupo Actualidad website
I summary, a whole specIn
t
trum
of construction possib
bilities
open for the industry
a an undeniable opportuand
n
nity
for the buyers, what
m
makes
possible the fact that
t people from Extremathe
d
dura
need less money for
b
buying
a housing unit.
Residential block of the 60,000 program in Merida
The Junta’s Minister of Public of Works visiting the development
58
INFIGRUP will present its latest developments at BMP
INFIGRUP is a property development group based on three pillars: priority given
to design as key to the final product, the search for quality materials and finishes
and the detailed study of the distribution in order to optimize the spaces.
For BMP 08, the company will present 48 detached single-family homes with topquality materials in the “Quint-Mar” urbanization in Sitges, with surfaces between
350 and 400 m2 and the following layouts, living room-dining room with exclusive
views, kitchen, 4 bathrooms (3 bedroom suites), and private fitness area (Jacuzzi,
sauna and gymnasium), park car and pool.
FUDESA CERDANYA, a reference company in Cerdanya,
expands throughout Catalonia
In Port de la Selva, it will offer a series of blocks with a total of more than 60
apartments with the highest top-quality materials, façades built completely with
natural stone and exceptional views.
In Barcelona, it will present two semi-detached houses of 200 m2 in a plot with
garden in Carrer San Eudald, views of the whole city and Park Güell and living
room-dining room, kitchen, 3 bedrooms, 4 bathrooms, Studio with panorama terrace, solarium and basement for games area.
Single family housing units in Sitges, with unbeatable views
1 to 3 bedrooms’ housing units in Provença
de Terrasa street
Also, in the middle of Sant Cugat town, carrer Sant Magí, the company will offer a
new project, 20 flats with top-quality materials with surfaces up to 90 m2.
In Unhà, Valle de Aran, it will present three single-family houses with luxury
materials and facilities, at the
foot of the Baqueira skiing resort with sizes between 160
and 200 m2.
In Terrassa, it has two buildings
in Provença and Emperatriz
Eugenia streets with innovative and personal design and several surfaces, at least, 50 m2.
And finally, in Alaior, Menorca, a whole block with a total
of around 140 apartments between 70 and 90 m2 with shard
garden and swimming pool.
59
Fudesa’s development at Guils
Room interior
Fudesa Cerdanya is a company with a 20 years of experience. It started as a carpentering company, and has developed up to the all-embracing construction of a house
that, at this time, is considered as a reference in Cerdanya.
This development has led the company to expand itself in Catalonia, from Barcelona to Girona, including Puigcerdà, Guils, Fontanals de Cerdanya, Osseja, Palau,
Estava, Bellcaire, Escala, Palamos, Berga, Sant Antoni de Calonge and Sabadell.
Fudesa Cerdanya builds different housing units: Single-family detached houses,
one, two, and three bedrooms apartments. All its buildings include parking space
and top quality finishings.
Fudesa Cerdanya also has experience in public building, and has worked with the
Autonomous Government of Catalonia, with the restoration of La Molina’s social
building; the Municipality of Fontanals de Cerdanya expansion of its sports area;
the construction of the lift at the train station in the Municipality of Puigcerda; and
the restoration of the Tax Agency at La Seu d’Urgell.
At present time, Fudesa Cerdanya’s finished developments are: Estavar46, development of 46
housing units and 32 apartments of 2 or 3 bedrooms, parking space and garden. Guils de Cerdanya, development of 160m2 housing units and
duplex 110m2 garden and parking space. Osseja24, development of two-rooms 24 apartments
with parking space. Querol 180m2 duplex with
a terrace, garden with a swimming pool and
parking space. Views of the Cerdanya valley at
the center of Puigcerda. Berga13, development
of apartments with 3 rooms, garden with a swimming pool and parking space. Sant Antoni de
Calonge development of 13 apartments of 50m2
to 90m2 second line of the sea.
www.fudesa.com
TEYCO diversifies its activity to adapt to the industry’s situation
PROGRUP, synonymous with quality of service
Last year, Teyco created its Diversification Business Area, in order to give an answer to its strategic plan to complete the company’s activity, by creating new products adapted to the sector’s situation. One of the latest projects that Teyco is
working on is the construction and running of a 100 rooms’ hotel, located in the
22@ district in Barcelona. It’s about a different product that will allow its clients
to accommodate in maximum quality apartments, but with the amenities and services of a hotel.
Throughout the 30 years of its history, PROGRUP has established itself as one of
the leading companies in the real estate sector, both for buyers and for professionals Values such as quality, professionalism and a service philosophy based on the
client have framed its professional career in all areas, covering the commercialization of residential products, vacational products and also company real estate
and administration of estates and communities.
Among the projects currently entrusted to Progrup by its clients are residential developments from companies recognized at a national level such as Acciona
Inmobiliaria, Armilar-Procam, Promhogar Mediterráneo, Auriga Inmuebles, Promociones Espígul, Construcciones Rubau or Iberdrola’s industrial plots of land
in Vilamalla. Progrup has also taken part in operations regarding administration
of estates and renting with brands such as Colonial, Café & Te, Simorra Tiendas,
Asisa, la Generalitat de Cataluña, etc.
A new and interesting product for industrial clients has been created, rendering an
integral service in site acquisition, project writing and building construction and
specially-made warehouses and offices to rent for a limited period of time.
The Construction Business Area is growing at a rapid pace. At current, Teyco has
a strong and well recognized position within the construction industry, with headquarters in Barcelona and offices in Girona and Tarragona. The current objective
for the company is to consolidate the Catalan market and attract new clients with
a geographic expansion.
Regarding the Development Business Area, the main objective of the company is to
improve the quality of life of the final users, by offering a differential product with
an added value. Teyco develops
th projects in an integral way,
the
it looks for land in locations with
a good potential, designs the
p
product
and analyzes the where
reabouts
and the environment
in order to get the best comfort
an services. Such an example
and
is the development “Mirador
d Delta Village & Resort” in
del
l’A
l’Ampolla,
formed by a wide
ra
range
of houses surrounded by
gr
green
areas and a Pitch&Putt
ru
running
since August.
Houses integrated in a sports complex
Interior of the Hotel in the 22@ district
PROGRUP’s
main office can be
P
found
in the city of Girona, from
f
where
a network of offices and
w
branches
in Sant Antoni de Cab
longe,
l
Playa de Aro, Blanes, Llanc Salt, Figueres, Banyoles and
cà,
B
Barcelona
are coordinated. Each
o ce has a team of professionals
offi
w
who
will assess and inform its
v
visitors
at all times about their
w
wide
range of products and serv
vices,
information which can also
b found on our web page www.
be
p
progrup.com.
Whichever option
t
they
may prefer, PROGRUP is
a
always
synonymous with quality
o service.
of
Residential promotion commercialized by Progrup
Headquarters of Progrup
60
FACHADAS VENTILADAS DE LA MANCHA will present at BMP
INNOWALL, a revolutionary full-enclosure system
Fachadas Ventiladas de la Mancha’s San José center
Innowal full enclosure system
FACHADAS VENTILADAS DE LA MANCHA SL will be presenting at BMP an innovative allin-one building enclosure system, conceived to considerably diminish costs, time and on-site
accident risks. The system ensures excellence in quality as well as sustainability within the
frame of energetic saving and environmental friendliness. INNOWALL aims to revolutionize
the application of pre fabricated building enclosure systems in construction, being especially interesting for projects which prioritize speed in the mounting process, reducing costs
and allowing promoters and construction companies to be more competitive in this type
of residential buildings. The easy on site implementation reduces mounting time up to 50
% and lowers cost in a very significant way by reducing the need of use of a crane and specialized staff. INNOWALL is bound to become a first line referent in sustainability, allowing
energetic savings which are much higher than those of building enclosures used normally in
social housing projects up to now. INNOWALL is also easily dismountable, which means it
produces less demolition rubbish and it can be recuperated for use in other projects, which
makes it fully recyclable. INNOWALL is a product which adopts all qualities and advantages
of the renowned FAVEMANC Ventilated Façade Systems. These are façade systems of high
durability and resistance to extreme temperatures, which offer a high energetic savings aspect, acoustic insulation and easy maintenance, thanks to its anti–graffiti surface, available in a great variety of colours and textures.
FAVEMANC is credited with the Certificado
Idoneidad Técnica (DIT) as well as the Avis
Thechnique of the CSTB institute (France).
INNOWALL technical features: Resistance to
fire 60 min. for 60 mm. (Instituto Homologado
Applus). Thermal insulation, 0,644 Kcal/m2
x h,x Cº. Mechanical resistance calculated by
the University of Zaragoza. Global indicator of
acoustic reduction, ponderated A, RA: 25,5
dBA. For more information +34 901 116 828
www.favemanc.com
IMMOBAN: “It’s buyers’ time”
The real-estate market for sellers is not at its best moment, however the
Catalonian real-estate company ImmoBan believes it is a buyer’s market.
Today, prices are better and there is a larger offer. This is why ImmoBan
has launched a campaign under the slogan “It’s the time for the buyers”.
ImmoBan offers their client’s a large selection of developments located
in the most emblematic towns of the Costa Daurada (Tarragona) under
favourable financial conditions and excellent prices.
In the next edition of Barcelona Meeting Point, ImmoBan will present
new projects that have an excellent quality-price relation, in the town of
Calafell, a great vacation spot or ideal permanent residence town. They
will also offer single-family homes on the beaches of El Vendrell, Roda de
Barà and Creixell.
ImmoBan is well known in the real
estate industry for their excellent
market position in Bulgaria. They
have four sales offices that provide the Spanish investor with a
complete service that includes
searching for properties (house
or land), either sales or rental
and lot project management. In
Bulgaria ImmoBan provides service for clients in their two offices
in Sophia, and in the sales offices
of Burgas y Pomorie, in the Black
Sea Coast. In Spain, they have
a new sales office in Barcelona
as well as the sales office in Calafell. Immoban will present the
top projects currently available in
Bulgaria, during BMP’08.
Arc Iris residential complex next to the Calafell beach
62
BUCHAREST MEETING POINT
That Was BUMP 2008
63
That Was BUMP 2008
Great success of the Bucharest
Meeting Point’s first edition
THE BUMP 2008 DATA:
EXHIBITION HALL FIGURES
• Professionals Attendees
and Symposium Participants 809
• Professional Attendees 605
• Exhibiting Companies 34
• Participating Companies 307
• Spanish Companies 180
Enrique Lacalle, Chairman of
BUMP, at the Official Opening
Juan Pablo García-Bedoy Cerezo,
Ambassador of Spain to Romania
addressing attendees during the
Official Opening
Horia Irinia, State Secretary for
Housing at the Official Opening
Neculai Ontanu, State Secretary
for Housing at the Official Opening
Gabriel Moreno, Financial Director, Marketsport; Josep Mª Minguella, Administrator, Marketsport; Juan Pablo García Berdoy,
Ambassador of Spain to Romania; Enrique Lacalle, and Xavier Palmerola, Administrador, Marketsport
• Empresas Internacionales 127
• Exhibiting Countries 18
• Registered Journalists 29
SYMPOSIUM FIGURES
• Symposium Participants 204
• Speakers 36
• Symposium Sessions 15
Manuel Lao, President, CIRSA, addressing the Presidents
Dinners’ attendees
From left to right: Neculai Ontanu, Horia Irinia, Juan Pablo García-Berdoy Cerezo, and Enrique Lacalle
Gica Popescu, President, CP Holding, and Esteve Borrell,
Managing Director, Consorci de la Zona Franca de Barcelona
Enrique Lacalle speaking to the attendees of the
Presidents’ Dinner
The Presidents’ Dinner general view
64
65
That Was BUMP 2008
That Was BUMP 2008
Joaquín Abós, Senior Advisor-Spain, Raiffeisen
International Bank-Holding AG, and Michael MacBrien,
Director General, European Property Federation
General view of the Luncheon sponsored by ”la Caixa”
José Mª Pons, Managing Director, BMP; Bill Kistler, President
Europe, ULI; and Víctor Rosés, Director of International
Relations, BMP; at the Luncheon sponsored by “la Caixa”
Panel of experts on “Real Estate Financing in Romania”, led by the ULI-Europe’s President, Bill Kistler
General view of a Symposium session
Jaime Fúster, Partner, Garrigues; Jacobo Sartorius, Partner, Garrigues; Angela Rosca, Associate Director, TaxandHouse-Taxand;
Mihai Mares, Partner, Garrigues Romania; and Soria Mitel, Partner, Vilau & Mitel-Attorneys at Law, at the session “Residential
Real Estate Investment in Romania: Legal and Tax Aspects”
José Luis Suárez, Professor, IESE Business School; Federico Carapuig, Country Manager, Corus Land, Uri Lancry, Director Marketing & Sales,
ADAMA; Fernando Rodríguez Lluesma, International Expansion Director, Realia Business; Alejandro Solano, Managing Director, Hercesa Inmobiliaria and Pablo Rodríguez-Losada, International Managing Director, Martinsa Fadesa at the session organized by the IESE
66
That Was BUMP 2008
That Was BUMP 2008
BUMP 2008 Attendees
BUMP 2008 Attendees
Spanish Authorities:
Some international professionals
to be highlighted:
Juan Pablo García-Berdoy Cerezo, Ambassador of Spain to Romania
Esteve Borrell, Managing Director, Consorci de la Zona Franca de Barcelona
International Authorities to be highlighted:
Neculai Ontanu, Mayor, Primaria Sector 2, Bucharest
Florentin Costel Pandele, , Mayor, Primaria Voluntari, Bucharest
Horia Irinia, State Secretary for Housing, Romania
Soria Oprescu, Mayor, Bucharest
Cristian Poteras, Mayor, Primaria Sector 6, Bucharest
Some Spanish professionals
to be highlighted:
Joaquín Abós, Senior Advisor-Spain, Raiffeisen International Bank-Holding AG
Jaime Aldabó, CEO, Farré Consulting
Íñigo Aldáz, Managing Director, Realia
Antonio Baena, Director of Territorial Expansion, Hercesa Inmobiliaria
José María Banús, Managing Director, Danube Property Fund
Antonio Brieba, Managing Director, Geoinvers
Rafael Cámara, Partner-Director, Ingeniería Idom International
Alberto Cañones, Managing Director Romania, Tercialia
Federico Carapuig, Director Delegation Romania, Corus Land Rumania, Romania
Raúl Carmona, Country Manager in Poland, “la Caixa””
Fernando Cirera, CEO, Uppervalua
Javier Cirera, Administrator, Vesta Residencial
Ricard Cortés, Director Barcelona Office, LKS Studio
Jorge Dios de Molina, Director delegation in Bucharest, “la Caixa”
Juan Francisco Díaz, CEO, Peyber Hispania
Leandro Escobar, Managing Director, Asociación Profesional de Sociedades de Valoración
Jaime Fúster, Partner, Garrigues Polska
Fermín Gómez, Managing Director, Copisa Constructii
Jesús González, Managing Director, Orbis Legal Investments
Antonio Graells, President, Graells & Llonch
Carlos Hernández, Partner, Romania Investments
Sicfrido Herráez, President, Construcciones Rayet
Javier Hunt, Secretary General, Upeco
Manuel Lao, President, Cirsa
Rafel Liarte, Managing Director, Interplus
Álvaro Llaràs, CEO, Saona
Miquel Llonch, President, Graells & Llonch
Maria José López, Administrator, Asesoría Internacional de Responsabilidad Social
Corporativa
Tristán López-Chicheri, Architect Partner-Director, L35 Arquitectos S.A.
Pablo Martí, Financial Director, Gran Via Romania
José Luis Martín, President, Riofisa, S.A.
Alberto Martínez-Lage, Director office in Madrid, LKS Ingeniería
Alberto Mas, President, Capitolian Corporation
Josep Maria Minguella, Administrator, Marketsport
Basili Monturiol, Director Delegation Eastern countries, Farré Consulting
Sergio Mor, Director, Promociones Inmobiliarias Polska, S.L.
Gabriel Moreno, Financial Director, Marketsport
Ignacio Moro, Partner- Director, Moro Soucheiron y Asociados
Eugenio Muñoz, Developers Director, Caja Madrid
Claudio Nowack, Director Delegation, Raiffeisen International Bank-Holding AG
Rafael Otero, Director International Division, Gea 21
Xavier Palmerola, Administrator, Marketsport
José Mª Paredes, Managing Director, Magenta
Agustín Pascual, Director Division, Caja Madrid
Marcel Puigantell, Director, Cardenar (Nortia)
Marc Riera, Managing Director, Cluj Investments
Alejandro Rodrigo, Administrator, Ibiza House
Federico Rodríguez, Managing Director, Gestión Proyectos Balear
Eduardo Rodríguez, Administrator, Construcciones Enadia 91
Fernando Rodríguez- Lluesma, Director International Expansion, Realia Business
Pablo Rodríguez-Losada, International Managing Director, Martinsa Fadesa
Guillermo Sánchez, President, Cinur Consultores Urbanísticos
Rosa Sánchez-Yebra Alonso, CEO, Economics and Commercial office, ICEX
Víctor Sánchez, President, Tercialia
Jacobo Sartorius, Partner, Garrigues Polska
Alejandro Solano, Managing Director, Hercesa
José Luis Suárez, Professor, IESE
Borja Tejada, Financial Director, Grupo Lar
Fernando Tortajada, President, TR Corporación
Pablo Zoltán, Vice President CEO, Norfer Real Estate Corporation
Doing business at BUMP
67
Stand of “la Caixa”, Leading Sponsor of BUMP
Doing business at BUMP
General view of the exposition area
General view of the exposition area
Cristian-Nicolae Antonescu, Associate Director, Imoinvest Consulting, Romania
Dan Astren, CEO, Svenska Investerings Gruppen, Sweden
Marinel Burduja, First Vice President, Raiffeisen International Bank-Holding AG,
Romania
Florentino Calero, Managing Director, Grupo Rayet Ru International, Romania
José Antonio Carmo, Engineer, Turirpojecto Investimentos Imobiliarios, Portugal
Ruxandra Cleciu, President, Arai, Romania
Mircea Cleciu, Associate Director, Neocasa, Romania
Adrian Erimescu, Associate Director, Imobiliare.ro, Romania
David Eyer, Expansion Director, Premier Les Nouveaux Contructeurs, France
Mircea Flore, Director CEE, Credit Suisse, United Kingdom
Marc González, Partner Director, ETC Inginerie, Romania
Kurt Gotz, Associate Director, Imobiliare.ro, Romania
Eyal Haham, Vice President of Marketing, Adama, Romania
François Isnard, Secretary General, TEGoVA, Belgium
Joanna Iwanowska, Head of CEE Desk, REAS, Poland
Wolfgang Kälberer, Member of the Board, TEGoVA, Belgium
Yiannis Kalyvites, Marketing Director, Cybarco, Greece
Lahlou Khelifi, Managing Director, Lazard Frères, France
William Kistler, President EMEIA, Urban Land Institute, United Kingdom
Charles Krick, Associate Director, Jones Lang LaSalle, Romania
Jan Kubicek, Director of Portfolio in Central Europe, ING REIM, Prague
Uri Lancry, Director Marketing & Sales, Adama, Romania
Markus J. Leininger, Head of Corporate Banking Northern , Central and Eastern
Europe, Eurohypo AG, Germany
Lybra Lindke, Epstein Architecture, Romania
Michael MacBrien, Managing Director, EPF, Belgium
Ross Macdiarmid, Associate Director, Danube Property Fund, United Kingdom
Ionut Magaru, Director Delegation Poland, Grupo Lar
Nassos Manginas, Director Business Development Europe, IPD, United Kingdom
Paul George Marasoui, President, Golden Tulip Romania & Moldova, Romania
Mihai Mares, Partner, Mihai Mares, Romania
Monica Marin, Managing Director, Eurometropola Estate SRL, Romania
Alfonso Martín, Director Romania, Grupo GPB, Romania
Christian Minzolini, Executive Administrator, Banco Espirito Santo De Investimento, S.A., Portugal
Sorin Mitel, Partner, Vilau & Mitel, Romania
Speranta Munteanu, Director of Consultancy services, PricewaterhouseCoopers, Romania
Giacinto Oriolo, Director of Investrment Europe, Pirelli Real Estate, Italy
Pablo Pérez, Director Delegation in Romania, Martinsa-Fadesa
Ignacio Pigrau, Director International business, Layetana Inmuebles, Poland
Gilles Pirodon, real estate councillor-advisor, Societé Générale, France
Gica Popescu, President, CP Holding, Romania
Dan Ioan Popp, President, Impact, Romania
Jordi Priu, Managing Director, Cluj Investments, Romania
Marc Riera, Managing Director, Cluj Investments, Romania
Edgar Rosenmayr, Chief Investment Officer and Member of the Board, Immoeast
AG, Vienna
Christopher M. Schonn, Principal Partner, Nai Property Partner, Romania
Eduardo Serra, President, Cohispania Consulting, Romania
Marin Sirbu, Managing Director, Apavisa Porcelanico, Romania
Alejandro Solano, Managing Director, Hercesa Inmobiliaria, Romania
Maurits Van Der Eerden, Managing Director, Fortis, Holland
Josep Vandellós, Managing Director, Eastern Group, Romania
Adrian Vascu, President, Anevar, Romania
Gabriel Zbârcea, Associate Director, Tuca, Zbarcea Si Asociatii, Romania
Grzegorz Zochowski, Partner, REAS, Poland
S
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SA
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12th International Real Estate Symposium & Exposition
November 4th - 9th, 2008
www.bmpsa.com
ORGANIZED BY:
LEADING SPONSOR:
Tel. +34 93 223 40 50 (Nuria Reig)
MAIN SPONSORS:
OTHER SPONSORS:

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