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Iberian Property unveils the best Commercial Leasings of 2023

Iberian Property unveils the best Commercial Leasings of 2023

The Iberian Property Investment Awards, organised by Iberian Property, are gearing up for the awards ceremony of the second edition of these awards, which will take place on the 25th of June in Madrid. These awards recognise and reward the most outstanding players and projects in the real estate investment sector in Spain and Portugal throughout 2023. One of the awaited categories is "Commercial Leasing of the Year", which recognises the Strategy – target clients, short and long-term goals, action plan, creativity; the Success – timing and price achieved for the owner of the asset; Marketing Techniques; and New Lease Clauses.

The Finalist projects and players competing in this category are:

CBRE SPAIN – RUIZ PICASSO 11

LOCATION: Madrid, Spain.
SECTOR: Offices.
DATE: Q1-Q4 2023
OWNER: MERLIN Properties

Ruiz Picasso 11 emerges as an icon of innovation and sophistication, epitomizing the transformative power of strategic repositioning. Collaborating closely with Merlin Properties, one of the foremost real estate funds, and the esteemed architectural studio Fenwick Irinarren ,CBRE spearheaded the remarkable evolution of this iconic building, re-defining the very essence of modern workspace.

Through meticulous planning and unwavering dedication, CBRE orchestrated a flawless leasing process, attracting premier tenants such as IBM who will occupy a staggering 10,492 sqm of the building.

CBRE SPAIN – VELÁZQUEZ 86D

LOCATION: Madrid, Spain.
SECTOR: Offices.
DATE: Q2-Q3 2023
OWNER: Colonial

In the heart of Madrid’s bustling CBD stands Velázquez 86D, a beacon of transformation and innovation in the world of office leasing. Colonial, a cornerstone client of CBRE, entrusted the consultant with the monumental task of revitalizing this landmark property into a premier destination for top-tier companies.

The metamorphosis of Velázquez 86D exceeded all expectations, surpassing Colonial’s targets with aplomb. Within a mere four months of completion, Velázquez 86D achieved full occupancy, welcoming esteemed tenants such as Bain & Company, AON, Sagardoy Abogados, White & Case and GPF Capital.

JLL PORTUGAL – THE OFFICE

LOCATION: Lisbon, Portugal.
SECTOR: Offices.
DATE: Q4 2023
OWNER: Terracel

JLL was responsible for placing Grupo Lusíadas in The Office building in Carnaxide. This was the largest office occupancy transaction in 2023, with one of the largest healthcare groups in the country. JLL acted on behalf of the owner, Terracel, with The Office being one of JLL’s exclusive buildings.

THE OFFICE has a total area of 5,683 sqm divided into 4 above-ground floors for offices and 1 basement floor for offices, storage and technical areas. The entire building was occupied by the Lusíadas Group.

More categories in the Iberian Property Investment Awards:

These finalists represent excellence in real estate transactions in Spain in 2023, and the winner will be revealed at the awards ceremony - a Gala Dinner celebrated on 25th of June in Madrid, coinciding with the Spanish Real Estate Summit. In addition, full details of the other finalists will be announced in the coming days for the other categories that mark the premiere of these awards, which are:

For more details on how to join Iberian Property in this celebration click HERE

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