Hines’ Zielo Shopping Pozuelo Chosen as "Best Small Shopping Centre in Spain"

 (MADRID) – The Madrid office of Hines, the international real estate firm, announced today that the firm’s Zielo Shopping Pozuelo retail center in Madrid was chosen as the Best Small Shopping Centre by the Spanish Association of Shopping Centres at the XII Shopping Centre Conference, which recently took place in Bilbao.

In choosing the center, an expert panel of judges took into consideration a wide range of criteria in which Zielo Shopping Pozuelo stood out, such as: originality; innovative elements; planning achievements; design quality; quality of construction; retail mix; integration of complementary uses; adaptation and integration into the surrounding area and respect for the environment; occupancy rates and financial results; as well as what the center has contributed to the shopping center industry.

The Spanish Association of Shopping Centres organized the competition in conjunction with the XII Spanish Shopping Centre Conference to determine the best shopping centers in the country.

Zielo Shopping Pozuelo received its award at the conference’s closing dinner at the iconic Guggenheim Museum in Bilbao.

Hines Spain Director Jamie Rea said, “Zielo Shopping Pozuelo is more than just a shopping center.

Its groundbreaking sustainable architecture, cutting-edge design and varied mix of the best quality tenants, provide customers with the ultimate shopping experience.

This award is confirmation that others see the center as we do.”

Designed by Alberto MartĂ­n Caballero, the three-level retail center, which opened in October 2009, contains approximately 172,000 square feet and houses more than 60 shops and restaurants.

All of the storefronts face a large central atrium, which is flooded with natural light. Innovative ramps and walkways, as well as panoramic elevators, provide vertical transportation.

Rooftop terraces offer impressive views of the Casa de Campo and the Madrid skyline, as well as provide a locale for visitors to enjoy a wide variety of cuisine. The property is currently pre-certified LEED® Silver by the U.S. Green Building Council, and was the first shopping centre in Europe to receive this designation.

Many prestigious national and international fashion, décor and food brands, which are not found in conventional shopping centers, are located in Zielo.

For fashion, shops include: Hackett, Yuste, Purificación García, Lester, Adela Gil, Roberto Verino, Bimba & Lola, Mango, Trucco, Musgo, Marc O´Polo, Flamenco and Hazel.

Restaurants include: Viancco, Le Pain Quotidien, Zenith and Cervecerías Santa Bárbara. Service and decorating stores include: Le Creuset, Supermercados Sánchez Romero, Pórtico and Colección Hogar.

Hines entered the Spanish market in 1995with Diagonal Mar, a strategic investment in Barcelona on 84 acres fronting the Mediterranean.

The project is one of Europe’s largest mixed-use developments totaling over four million square feet consisting of a retail center, five residential phases, three hotels, three office buildings and the third-largest public park in Barcelona.

In 2000, Hines expanded its operations into Madrid, and in 2004, a Marbella office was opened.

Today, Hines Spain has over 25 employees involved in development, leasing, financing and asset management.

Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes 1,111 properties representing more than 451 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments. With offices in more than 100 cities in 17 countries, and controlled assets valued at approximately $22.2 billion, Hines is one of the largest real estate organizations in the world. Hines is also a world leader in sustainable real estate strategies, with extensive experience in LEED®, ENERGY STAR®, BREEAM in the United Kingdom, France’s Haute Qualité Environnementale and with the German Sustainable Building Council. Visit www.hines.com for more information.