The Challenge
Cushman & Wakefield works every day to turn the great challenges into the best results. Our aim is to change every opportunity into a unique experience for our clients.
Cushman & Wakefield works every day to turn the great challenges into the best results. Our goal is to turn every opportunity into a unique experience for our clients.
Cushman & Wakefield works every day to turn the great challenges into the best results. Our goal is to turn every opportunity into a unique experience for our clients.
Cushman & Wakefield works every day to turn the great challenges into the best results. Our goal is to turn every opportunity into a unique experience for our clients.
The Solution
The Results
1 Reinventing with the market on the alternative sectors
- Broad experience in the sale of alternative assets such as Project Octane gas station portfolio and several student residences throughout Spain, covering more than 65,000 sqm and a value of 137 million € approximately
2 Helping our clients grow. Corporate relocations
- Huawei HQ's consolidation (Madrid)
- Agreement and coordination with 5 different players (landlords + tenants) to close the largest office leasing deal in Spain totaling 21,089 sqm office space
- Fit out works for the relocation of 1,200 employees in the HQ's
3 Anticipating the market
- Luxa building office development JV in 22@ Barcelona
- C&W implemented a leasing strategy to create 100% let development
- 6,572 sqm office letting to major coworking company
- Sale agreement of 17,000 sqm office development in record time (3 weeks)
4 Synergies creation. Asset repositioning strategy
- Xanadú Prime Shopping Centre Madrid - JV advise creation
- C&W adviced on the Joint Venture for the purchase agreement of this major regional centre of total SBA of 152,887 sqm
5 Singular assets into potentially symbolic projects
- Sale of "Ombú" emblematic historic asset project located in one of the most sought after locations in Madrid, by both, occupiers and investors
- This asset is unique due to its architectural features and location, with an important history, to carry out a project of 8,780 sqm. Potential development of offices or retail & leisure project
6 Multi - ownership assets strategies. Sale/Purchase agreements
- Represented the majority seller in a complex sale/purchase agreement of 24 co-owners SC Parque Corredor in Madrid
- Negotiated the purchase of 5 minority (private) owners, separately
- Obtained the approval of all the 24 co-owners to carry out all improvements in the asset (condition for the purchase)
- Designed the business plan that convinced the retailers to believe in the project
- Time played against due to the construction of a new SC in the vicinity
