The Government of Madrid is going to be Amazon’s neighbour. Specifically, the Community of Madrid’s Ministry of the Economy, Employment and Finance has decided to move some of its teams to the Prado Urban Business Park, the office complex that is home to the Spanish headquarters of the e-commerce giant.
After the lease contract for its current headquarters, located at number 13 Carrera de San Jerónimo, came to an end, the Community of Madrid decided that the best option for some of its departments would be to move them to the Delicias neighbourhood.
The departments of Trade and Consumption; Industry, Energy and Mining; the Economy, Statistics and Competitiveness; as well as the Invest Office, will occupy the ground, first, second, third and fourth floors of the West Building in the complex, which has a surface area of 14,500 m2.
Ahead of the arrival of the civil servants, there are just 400 Amazon employees working at the Prado Urban Business Park; the complex has capacity for 1,000 people. The lease contract that the Madrilenian Government has signed runs until 31 August 2029.
The owners of Hotel Twentytú are going to build offices in 22@. Brilten, the property developer owned by the Catalan Pérez family, is going to invest €35 million in the construction of a new corporate building in the technological district of Barcelona, the current hub of the office market in the Catalan capital.
The asset is going to span a surface area of 10,800 m2 and will be called Hexagon Glòries. The plot on which the asset will be built was acquired by the Pérez family a decade ago for €18 million. Now, the family has opted to build an office block in light of the high demand that exists for such products in this new central business district (CBD) of Barcelona, according to Expansión.
The plot is located at the junction of Sancho de Ávila and Calle Álava, in the vicinity of Plaça de les Glòries. It will comprise nine above-ground floors, which will measure approximately 1,200 m2 each. Brilten expects the construction work to be completed by June 2019.
Moreover, on the lower floors of the building, which is going to be designed by the architecture studio Batlle i Roig, 800 m2 of space will be adapted for commercial use, and the block will have 126 parking spaces underground. On the roof, meanwhile, the Pérez family is going to open a large terrace.
This new office building is one of around twenty projects that the real estate market is currently developing in this sector in the 22@ district and that, including Brilten’s addition, will incorporate more than 380,000 m2 of space to the available stock in the area.
Moxy London Excel, UK. Photo credit: Marriott International
Germany and the United Kingdom share the top spot in Europe’s construction pipeline with 246 projects each, according to the latest data from Lodging Econometrics.
However, Germany has the largest pipeline of guestrooms for the region with a total 47,927. The UK trails behind with 36,585 guestrooms. France’s project pipeline comes in third with 121 hotels and 13,618 guestrooms.
Three countries in Europe recorded a total of 80 projects: Russia with 15,520 guestrooms, Poland with 12,468 guestrooms and Portugal with 8,310 guestrooms.
The project pipelines of Spain and Turkey follow close behind. Spain has 49 hotel projects with 11,457 guestrooms while Turkey has 70 hotel projects with 11,278 guestrooms.
London currently has the largest pipeline by guestroom in the UK with 78 projects and 13,601 guestrooms. Dusseldorf has the second spot with 39 hotels projects and 8,461 guestrooms.
Frankfurt follows with 29 hotel projects and 6,174 guestrooms. Hamburg has 27 projects with 5,934 guestrooms lined up while Warsaw has 30 projects with 5,916 guestrooms. Rounding out the list are Munich with 26 projects and 5,664, Moscow with 25 projects and 5,628 guestrooms and Istanbul with 30 hotel projects and 5,368 guestrooms.
AccorHotels Group has the largest pipeline in Europe with 209 projects and 26,936 guestrooms. Marriott International has the second largest hotel construction pipeline in the region with 187 projects and 31,855 guestrooms.
Hilton follows Marriott closely behind with 170 projects and 26,870 guestrooms. InterContinental Hotels Group rounds out the list with 133 projects and 22,590 guestrooms in its pipeline for Europe.
However, in terms of brands, Hilton’s Hampton Inn has the largest hotel construction pipeline with 73 projects and 11,080 guestrooms. IHG’s Holiday Inn Express has the second largest with 61 hotel projects and 9,395 guestrooms. Marriott’s Moxy pipeline follows with 56 projects and 10,302 guestrooms while Accor’s Ibis Styles has a pipeline of 50 hotel projects and 6,498 guestrooms in the region.
InterContinental London Park Lane launched The Capital Suite, the first business suite of its kind that allows various areas of the suite to be separated. The 335 square meter (3,606 square foot) suite created by RPW Design was inspired by Hyde Park, the nature and history surrounding the hotel and its location.
The Capital Suite has two private en suite bedrooms complemented by interconnecting living spaces that can be separated to ensure privacy for individual areas.The Capital Suite takes its name from the hotel’s setting in London. Paying homage to the historical site, rooms within the suite were named after the surrounding areas of Hamilton Place and the Wellington Arch, which once stood as the entrance to the capital city. The suite offers views of the Arch and Green Park.
RPW designers also used natural materials, such as leathers, stone and walnut timbers as a basis for the color schemes. Design touches contain homages to the Hyde Park, such as bespoke bronze handles evocative of tree branches for the cabinetry. Artwork and accessories draw on the park’s equine traditions and the historic location of the hotel. Bespoke stitching details of the plane, the tree that populates and represents London’s Royal Parks, were incorporated into the headboard design in The Hamilton Bedroom. The green landscape of the park inspired textures, patterns and themes within the carpet designs and artworks.
In the master bedroom, design touches include decorative bronze panels, that frame the bed by resembling windows with climbing foliage and songbirds. RPW Design worked with art consultant Peter Millard for the artworks that include the resin sculpture on the bathroom mirror.
A boardroom can be directly accessed through a private corridor, lift and entrance, and can be interconnected with the other rooms. On the opposite side, there is a private office and an additional meeting room, which can also be linked to the boardroom.
The company leaves its facilities at l’illa Diagonal in Barcelona and plans to carry out the transfer to its new headquarters during the month of June.
Urgo Medical changes offices. The division specialized in the wound healing of Laboratorios Urgo will move its headquarters for southern Europe and Latin America to the Alta Diagonal building, located at number 640 of Avenida Diagonal in Barcelona, in an operation advised by the consulting firm Savills Aguirre Newman. The asset is owned by the German fund Deka Immobilien.
With this operation , the multinational, until now located in l’illa Diagonal, will expand the surface of its central offices and will occupy a total of 473 square meters on the second floor of Alta Diagonal and has been advised by CBRE in this operation. This space is almost twice what Urgo Medical has in its current facilities.
The goal of Urgo, which is in full growth, was to move a representative building in the upper area of the city of Barcelona. The company plans to carry out the transfer to its new headquarters during the month of June.
Urgo Medical provides solutions for the comprehensive treatment of chronic wounds, from prevention to cure, with dressings or multilayer compression therapies, and other solutions to optimize surgical wounds.
Delta Hotels, part ofMarriott International, today officially launched Delta Hotels by Marriott Frankfurt Offenbach marking the European debut of the hotel brand. The opening is a significant landmark in the global rollout of the highly regarded Delta Hotels portfolio – one of the company”s fastest growing brands.
“We are delighted to welcome Delta Hotels Frankfurt Offenbach into our portfolio and offer a quality accommodation option that reflects travellers desire for a simple, yet full-service premium hospitality experience,” said John Licence, Vice President Premium and Select Brands, Europe at Marriott International. “We provide travellers with a hotel experience that is effortless yet still comforting. Simply put, we strip out the superfluous, and concentrate on the getting the essentials right.”
Situated on the left bank of the Main River between Frankfurt city centre and Offenbach, the hotel is within easy reach of the city”s abundant historic and cultural attractions, and a short stroll from the European Central Bank. The hotel”s 223 spacious guestrooms and suites offer a modern take on comfort: elegantly appointed and decorated in calming hues, with floor to ceiling windows that flood the rooms with an abundance of natural light, while affording sweeping views of the city. And, with the needs of the modern traveller in mind, keyless room entry is offered through the Marriot Mobile App.
With the brand”s focus on perfecting and elevating the small details that make a huge difference during travel, guests can also expect to enjoy complimentary bottled water, fast and free Wi-Fi, and a 24/7 fitness centre with state-of-the-art cardio equipment with touch screen technology.
The exceptional waterfront location, combined with excellent transport links, will be appealing to the business and meetings market. The hotel offers 590 square metres of ultra-modern event space, including nine multi-function rooms, along with a 24-hour business centre and on-site parking facilities.
Operated by Odyssey Offenbach GmbH, it is anticipated that Delta Hotels Frankfurt Offenbach”s stylish meetings, events and dining capabilities will be equally popular with guests and employees of the cluster of nearby companies. Easily accessible from the airport, landmarks such as such Römerberg, Staedel Museum, and the chic boutiques of Goethestrasse are also close by.
Delta Hotels” portfolio now encompasses more than 50 properties, with a healthy pipeline of over 30 signed projects in North America, Europe, and Asia. In addition to Frankfurt, the company recently added its first Chinese property in Shanghai and also plans to debut in Turkey this year.
This announcement also reinforces Marriott International”s continued confidence in markets such as Germany, where the company already offers more than 70 hotels across 16 brands.
Mandarin Oriental Hyde Park, London has completed the most extensive restoration in its 115-year history, designed to confirm this historic hotel”s position as one of the best in the world.
In celebration, an exclusive Be the First to Stay room package is being offered from 1 June to 31 July 2018. Priced from £695, this package includes daily breakfast, a bottle of Champagne on arrival, plus a credit (ranging from £75 to £350 depending on the room/suite category booked) to be used within the new Spa, Mandarin Bar, The Rosebery Lounge or Bar Boulud.
Guestrooms and Suites
Internationally renowned designer, Joyce Wang, has overseen the design of all guest rooms, suites and public areas, taking inspiration from the hotel”s royal heritage and peaceful parkside location, as well as the glamour of the early 20th century”s Golden Age of travel. All 181 guest rooms and suites are now more luxurious and comfortable than ever before, with art deco-inspired features including carefully curated artworks, and custom-designed furniture. The hotel has also installed a green living wall that surrounds the inner courtyard, providing calm interior views.
Each of the hotel”s 40 suites range in size from the smallest, at 47 square metres, located within the turrets of the hotel, to the largest, at 397 square metres. The latter, located on the top floor, is a magnificent three-bedroom Mandarin OrientalPenthouse with private terraces. Comprised of two spacious interconnecting suites – The Mandarinand The Oriental – this superb accommodation which will launch in July, offers guests expansive views of leafy Hyde Park and the London skyline.
In every suite, guests will find reading libraries curated by the well-known London bookseller, Heywood Hill, record players with vintage vinyl collections and yoga mats for private practice. All accommodation comes equipped with GHD hair straighteners, Nespresso coffee makers, his and her Miller Harris bathroom amenities and Jo Hansford hair products.
New York designer Adam D. Tihany, has overseen the redesign of the next-generation Spa at Mandarin Oriental, London. In keeping with the fresh new look, the extensive spa menu has also been enhanced to include exclusive partnerships with some of the most sought-after health and wellness experts in the world. The new spa features 13 individual treatments rooms, an Oriental Suite with two massage beds and a Rasul water temple, a room designed for traditional [ASANTE] Chinese Medicine consultations and treatments, a Bastien Gonzalez Pedi:Mani:Cure Studio and two additional beauty rooms providing a series of results-driven express treatments.
As part of the first phase of the renovation, the building”s iconic façade was revitalised, and Joyce Wang transformed the Lobby Lounge and Reception area to maximise natural daylight, and blend seamlessly with The Rosebery Lounge”s nature inspired décor.
Upon arrival, guests are greeted with a centrepiece glass chandelier in the shape of a closed flower bud, which is further complemented by an open flower blossom chandelier suspended over the lounge area. The reception artwork by Fredrikson Stallard, is an abstraction of the textured and layered bark of the Plane Tree – the signature tree of Hyde Park.
Adam D. Tihany has also overseen a light refurbishment of the hotel”s popular restaurants, Dinner by Heston Blumenthal, Bar Boulud, London and Mandarin Bar.
The hotel has commissioned VISTO Images to compile an outstanding art portfolio throughout the hotel. Each of the hotel”s new floor landings showcase a striking photograph by Mary McCartney, while the corridors are home to pieces inspired by the nature of Hyde Park and English technological innovations featured at the 1851 Great Exhibition. Other eclectic art pieces can be found throughout the hotel”s public areas.
Hyatt Announces Plans for First Hyatt Centric Hotel in Ireland
Scheduled for May 2019 – 234 Rooms
Hyatt Centric The Liberties Dublin
Hyatt Centric The Liberties Dublin
Hyatt today announced plans for the first Hyatt property in Ireland, Hyatt Centric The Liberties Dublin. A Hyatt affiliate has entered into a franchise agreement for a Hyatt Centric hotel in Dublin with Realmside Ltd, an affiliate of Hodson Bay Group, an Irish hotel and property group owned by the O”Sullivan family. The 234-room hotel will be managed by Hodson Bay Group Management Ltd and is expected to open in May 2019.
The hotel will be situated in The Liberties, a historic and vibrant area in the heart of Dublin that has undergone significant revitalization in recent years. Enabling guests to discover everything Dublin has to offer, the hotel will be within easy walking distance to Dublin”s major attractions including the historic St Patrick”s Cathedral, Dublin Castle and Vicar Street—the city”s premier live music venue. For eager-to-explore, millennial-minded business and leisure guests, Hyatt Centric The Liberties Dublin will also be in close proximity to exciting destinations such as the home of Guinness and St James”s Gate brewery.
Hyatt Centric The Liberties Dublin is being designed to encourage interaction and engagement with large windows allowing for an immediate view of the bustling Dublin community outside. The hotel will also feature a state-of-the-art gym and social spaces from which guests will enjoy a wide range of restaurant, bar, café and lounge options, in addition to an expansive conference space for external events.
Marriott International, Inc. today announced plans to debut the Westin brand in the United Kingdom. Owned by 4C Hotel Group and managed by RBH, The Westin London City is set to open in 2020 and will boast a prime riverfront location in the heart of the City of London. This hotel signing illustrates how the global demand for well-being continues to propel Westin’s growth around the world, with recent openings in Australia and upcoming debuts in Malaysia and the Maldives.
The Westin London City will be a key part of the redevelopment of the former Queensbridge House site, as well as an independently operated destination restaurant. The site stretches from Queenhithe Dock – the oldest in London – and runs north to south, bridging across Upper Thames Street and giving it a prominent position over one of the primary arterial routes through the City of London. Highly visible from the South Bank, the hotel will also benefit from panoramic views over the River Thames and will complete the northern riverbank walkway between the Tower of London and Millennium Bridge.
Led by British architects Dexter Moren Associates, the thoughtfully designed hotel is fluid and sculptural with a biophilic-focus, suggesting that a connection to nature enhances well-being. Upon arrival, guests enter into an atrium space that is at once open and airy, yet residential and intimate. The lobby leads into a riverside bar and restaurant, which opens onto the new public walkway affording spectacular views across the river towards Shakespeare’s Globe and the South Bank.
The hotel’s 220 guest rooms, including 29 suites and Presidential Suite, are designed to offer guests a nature-inspired respite in the centre of a bustling city, expertly balancing a calming palette of natural colours with contrasting tones, textures and materials. All rooms will feature Westin’s signature services and amenities, such as the world-renowned Heavenly™ Bed and reviving Heavenly™ Bath experience.
Embodying the brand’s Let’s Rise mantra that empowers guests to take back control of their travel routine through wellness, the hotel will feature an indoor swimming pool, idyllic (4036 square foot) spa and WestinWORKOUT® fitness studio with state-of-the-art TRX® exercise equipment. In addition, the hotel will offer the renowned RunWESTIN™ program with three and five-mile jogging routes along the riverfront and the brand’s signature Gear Lending program, allowing guests to pack light and stay fit with New Balance shoes and clothing for guests to use during their stay.
The hotel’s prominent location, combined with excellent airport, train and underground links, will appeal to the business and meetings market. 8900 square feet of ultra-modern meeting and event space will be available, including a Junior Ballroom and four meeting rooms, as well as a 24-hour business center.
Valencia Football Club (Valencia CF) is making progress with the financing for its new football stadium. Market sources estimate that the club could receive proceeds of more than €100 million from the sale of the land on which its current Mestalla stadium is located, a site between the sought-after avenues of Aragón and Suecia.
The sale of that plot, known as the old Mestalla and with buildability for residential and tertiary use, could materialise before the end of 2018, taking advantage of the good times in the real estate market. The plot measures 12,000 m2 and has a buildable surface area of 70,000 m2.
That amount would allow Valencia CF to partially finance the completion of the construction of its new site, where it has fixed assets in progress worth €115 million, and to reduce the debt that it currently holds with financial institutions and which amounts to around €185 million. It also holds liabilities with the public administrations.
The work on this construction site began in August 2007 but was suspended in February 2009, which means that the project has been paralysed now for almost a decade. Since then, several attempts have been made to restart it, but those efforts have always been postponed due to the need for financing.
The club has decided to accelerate its plans to move to the future Mestalla and push ahead with the reduction in its debt and the clean up of its balance sheet to focus on its sporting efforts. Only the arrival in December 2014 of the Singaporean magnate Peter Lim saved the team from bankruptcy, which has recorded losses of €60.2 million in total over the last three years, in large part due to this real estate expenditure. Losses are also forecast for this year.
In this context, the President of Valencia CF, Anil Murthy, now considers that “the real estate market has evolved enough to meet our objectives”. Thus, the club is going to continue working with the Town Hall to process the amended licences to start the building work.
Inauguration: in 2021
Murthy said that for this process, Valencia CF has engaged Deloitte, which will be its comprehensive advisor in all aspects financial, real estate, technical and economic relating to the entire process necessary to move to the future stadium within the timeframes set out in the Valencia Strategic Territorial Action Plan.
In addition, Deloitte will be responsible for the business plan and sale of the tertiary space in the new stadium, which will have more than 40,000 m2 of buildable space available for commercial use (…).