General

Public urbanization works

After the drafting of the public urbanization project

SiGLA is responsible for the construction management of a new free standing supermarket and its urban setting

The works include a public park, roads, sidewalks and roundabout, lighting and all high and low voltage lines and connections, water, telephone and fiber optics for telecommunications.

The urban regeneration project of the Tantorta neighborhood in Amorebieta-Echano, which had been in the process of approval by the Basque Water Agency for some time, has finally begun to be executed this July under the coordination and management of SiGLA.

The public development works include sidewalks, roads, a bus stop with its shelter, a new roundabout to access the neighborhood, public lighting, a bridge and, on the main road (San Pedro Street), includes the creation of water facilities. , high and low voltage, telephone and trees. A public park with children’s games, trees, gardening and a small wooden bridge complete this project, which once completed will be handed over to the city council, expected in February 2022.

This action results in a private plot of 8,800m2 on which a unique 2,200m2 building is being built in parallel for the implementation of an Eroski Group Supermarket with a scheduled opening in the spring of 2022.

 

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Antonio Perales Ybarra and Luis López Rodríguez, new Area Directors at SiGLA

After several years of responsibility in the company,

SiGLA promotes Antonio Perales Ybarra and Luis López Rodríguez

Both managers had been working in positions of responsibility since the founding of the company in 2010.
With more than twenty years of professional experience, this year 2021 SiGLA promotes the two executives to the position of area directors after their participation in a varied portfolio of promotion, investment and development projects in commercial real estate assets.
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New Investment Director

Antonio Perales Ybarra trained at the University of Navarra, Technical School of Architecture, where he also completed a Master’s Degree in Education.

He also has a Master’s Degree in Management and Comprehensive Management of Real Estate and Construction Companies, and in his continuous training he has recent programs from the CEU Institute for Advanced Management.

After six years of activity in the area of ​​Architecture, he has served for 18 more years as project and operations director.

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New Development Director

Luis López Rodríguez is a lawyer specializing in real estate development, specifically in relation to urban planning and legalization and the promotion of Shopping Centers. In addition to having a degree in Law, he is an API from the Ministry of Development and a Master in Legal Practice.

His career includes the legalization and development of supermarket chains, shopping centers, gas stations and logistics platforms throughout the country.

He has also been and is a member of the Compensation Board of several PPOUs.

His professional activity is completed in teaching with his participation in the Masters in Commercial Urban Planning at the University of Alcalá de Henares.

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[box title=”About SiGLA” inner_padding=”small”]

Si-GLA is a company for the promotion, services and investments in commercial real estate assets that has managed to gather exceptional human capital coordinated in three areas of work: Urban Development, Investment and Development, and Commercial Management.

Shopping Centers, Service Stations, Logistics Platforms, Car Parks, Establishment Chains, Movie Theaters,… are the object of their activity, whether it is the promotion and planning of new investments or construction, or whether it is asset improvement. real estate, purchases, sales or commercial and asset management.

After years of experience, Si-GLA professionals have developed more than 30 large Shopping Centers, 60 gas stations, a hundred hypermarkets, logistics platforms, etc… being the leading company in its sector due to experience, capacity, service, and now also, in innovation for sustainability and energy efficiency in the construction and start-up of commercial establishments.

More +info visit www.si-gla.es

[/box]

 

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Editorial

A health crisis was not included in our portfolio of “unforeseen events”

Is the commercial real estate development sector prepared for the New Normal?

Alfonso Villacorta, CEO of SiGLA

At the end of the 17th century, the English discovered black swans in Australia. A shock, given that in Europe it was believed that all swans were white.
Three hundred years later, a Lebanese mathematician, Taileb, published a book with the title The Black Swan, in which he explains his theories. A black swan is an event a) highly improbable, b) of high impact and c) once it happens, it tends to be explained with logical reasoning.

Is the coronavirus a black swan? For most it seems so, but for others the event had nothing “highly improbable”. It seems that what is truly important is to recognize that we were not prepared, not only in terms of health, and that when it happened it was not known, neither diagnosed nor solved, mainly because when the future is negative we always tend to underestimate it.

The new crisis has brought us, among others, an acceleration of digitalization, greater state control, less middle class and poorer, more teleworking and electronic commerce, and new economic discussions, some about the value of Chinese authoritarian capitalism or a new idealized collectivism.

How all this influences our sector, it already seems catastrophic and we must work with that. A structural change is going to be imposed on us and it is necessary for us to be on the front line to adapt our businesses to the new reality. The success of our companies will depend on our success in this adaptation, foreseeing it, planning it and mainly making the right decisions; That is, what has always marked the success or failure of a business project.

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SiGLA has carried out the Due Diligence of the three properties

SiGLA has carried out the Due Diligence on the occasion of its purchase and sale

El Mirador, Las Terrazas and Caudalia, three Shopping Centers successfully transferred.

The process of research and collection of information, Due Diligence, on a real estate asset is essential so that the potential buyer or investor can determine the value and risks of an operation.

SiGLA, Servicios e Inversiones en GLA, S.L., has been providing this service to its clients based on the experience accumulated in the promotion and development of commercial real estate assets.

This service has recently been implemented in three operations carried out between the end of 2018 and this year 2019. SiGLA has prepared the three Due Diligence reports on the El Mirador and Caudalia shopping centers, in Gran Canaria and Asturias, and the Las Terrazas outlet park. on the same Canary Island.

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New ALDI store developed by SiGLA

It is SiGLA’s third operation with the German operator

New ALDI establishment in the Guipuzcoan city of Eibar.

The development of the new supermarket began last summer and is scheduled for delivery at the end of January.

The city of Eibar, with 27,500 inhabitants and a population density of 1,100 h/m2, has a large Eroski hypermarket and the only El Corte Inglés shopping center in the province, which has not made the development of this investment less attractive.

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SteelBox is an innovative real estate product from SiGLA

The works have started in September

SteelBox, an innovative real estate product from SiGLA in the Móstoles Technology Park.

Marketing work has already begun, with various advertising and promotion actions, as well as construction works that are progressing at a good pace.

The complex is located on Julio Cervera Street in the technological park, right in front of the ThyssenKrupp industrial complex, and occupies a 2,520m2 plot of land for the construction of two parallel buildings and their corresponding provision of parking and services.

The land leveling works have been completed with the construction of a perimeter wall as well as the foundation and accesses, and the erection of the prefabricated concrete structure is now beginning.

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New SiGLA development for Eroski in Aretxabaleta

On October 17 it opened its doors to the public

The new SiGLA development for Eroski is already operational in Aretxabaleta.

This has been a project of special difficulty in the administrative field given the status of a building protected as an asset of industrial interest.

In this case, SiGLA technicians have acted as project engineering, urban management and works coordination, which is why they have had to work hard to overcome the administrative procedures involved in changing the planning and modifying the use of a protected building. Indeed, it is the old building that houses the workshops of the historic Azbe firm that manufactured padlocks and locks for decades.

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SiGLA – Newsletter 11, april 2019

NewsLetter SiGLA 10 in .pdf format

Click here: News11.pdf

 

 

 

 

 

 

SiGLA is a company for the promotion, services and investments in commercial real estate assets that has managed to gather exceptional human capital coordinated in three areas of work: Urban Development, Investment and Development, and Commercial Management.

Shopping Centers, Service Stations, Logistics Platforms, Car Parks, Establishment Chains, Movie Theaters,… are the object of their activity, whether it is the promotion and planning of new investments or construction, or whether it is asset improvement. real estate, purchases, sales or commercial and asset management.

After years of experience, Si-GLA professionals have developed more than 30 large Shopping Centers, 60 gas stations, a hundred hypermarkets, logistics platforms, etc… being the leading company in its sector due to experience, capacity, service, and now also, in innovation for sustainability and energy efficiency in the construction and start-up of commercial establishments.

More +info visite www.si-gla.es

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SiGLA delivers its new building to Aldi in the Biscayan town of Guernica.

After 8 months of development

SiGLA delivers its new building to Aldi in the Biscayan town of Guernica.

In its second operation with the German operator, on March 25, Sigla handed over its new establishment in the Basque Country to Aldi.

Located on the access road to the town of Gernika-Lumo, it is a supermarket with 1,281m2 of Sales Room in a 3,324m2 building built on a 2,000m2 plot. The building houses a 50-space car park on the ground floor, which together with the supply, loading and unloading area, and the entrance hall make up the base of the building, while the sales room is located on the first floor. . Travelator ramps and elevators facilitate communication and access to this commercial floor from the hall.

Almost 40 more parking spaces on the perimeter of the site are added to the vehicle parking provision of this new Aldi.

Opening to the public on Wednesday, April 3, it represents SiGLA’s second operation with Aldi, after an advisory experience in Logroño.

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