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Coperfil Real Estate Group invests in development of logistic, retail and business parks as well as other mixed-use developments. It was established with the desire of becoming a European reference in Commercial Real Estate (non residential properties). The Group plans to manage assets with a market value of more than 3 thousand million euros by 2011 and believes that 70% of that income will arise from current projects.

Coperfil Real Estate Group, owned by Vicente Roig, has a strong portfolio in logistic, retail and office building investment. This ensures its consolidation as a real estate reference in Europe. The company has a renowned business sense, strategic strength, financial discipline and a powerful organisational structure, becoming one of the leading companies in investment and development of Commercial Real Estate in Europe.

Joan Miquel Joaquim, Coperfil CEO, states: “Coperfil Group has had a financial growth of more than 35% per year during the last fifteen years and we are positive that the new real estate group will grow as equally and as well in volume of assets because of its discipline and wide knowledge about markets”.

Instead of Coperfil Inmobiliaria, the group becomes Coperfil Real Estate Group. The new company name fits better because of its investment activities and its European expansion.

Coperfil Real Estate Group is born with a new corporate image and it has been structured into three new societies responsible for three different areas: Logispark Investment Ltd. logistic parks, Viapark Retail Parks Ltd. retail parks and Open District business parks.

The main assets of the company will continue to be the logistic parks and the Group plans to achieve a portfolio managing 2 million square metres by 2011. At the same time, Coperfil Real Estate Group will invest considerably in Viapark retail parks to take advantage of the synergies with the logistic parks and to increase income over the next few years

Corporative Development Scheme 2007-2011

The main goal of Coperfil Real Estate for 2007-2011 is to position itself as a reference company offering real estate products within the global capital market. For this reason it is imperative to consolidate its assets which will be increased considerably due to the stabilization and active management of about 40 new investments in assets from its current portfolio which consists of 83 projects.

These projects are at their final development stage and located in strategic areas in great demand, therefore the expectations for its income and value creation are certain and permanent.

At the moment Coperfil Real Estate Group is working to build the first real estate investment fund (initial GAV EUR 600 million) which will start operating the first six months of the financial year 2009. This is the first step before creating further investment funds based on the real estate business.

The European Megaregions

Coperfil Real Estate Group is the leader in one of the top European markets: Barcelona-Madrid-Lisbon axis, the main centers of activity in the Iberian Peninsula. It also manages projects in other important Iberian cities such as: Valencia, Seville, Oporto, Malaga and Valladolid. Its international expansion will start from Paris and Warsaw and will continue in emerging countries.

According to Joan Bertran, Strategy Director of Coperfil Real Estate Group, “the company cannot base its strategy on the view of its local target markets; it has to look for references and experiences in the international markets which allow the company to foresee, whenever possible, changes or events which might influence its business. Our analysis of Research includes different perspectives with the aim of studying all changes that might influence our investments”.

Within this new global investment paradigm in real estate, the capital market searches for a combination between portfolio diversification and high profitability but above all it intends to reduce the volatility of assets´ prices. In order to achieve this the main investors are limiting their targets to a bit more than 20 global markets or so called megaregions which means areas with approximately 50 million people structured around one axis with a great metropolis in the centre and two main cities one on each end of the axis.

Coperfil Real Estate Group benefits itself from the strong European valuation for global investments in real estate, specially because its low volatility and its location in the Iberian Peninsula, one of the areas with most dynamism in Europe, it is probably one of the European megaregion most attractive in terms of investment in logistic and retail parks.

According to Alfonso Casado, Corporate Development Director of Coperfil Real Estate Group, "it is clear that our company’s main target is the market and to prioritise real estate project investments committed to the society and its territory, with a minimum environmental impact and generating wealth for the surrounding communities".

Coperfil Real Estate Group is an investment and development reference for the logistic, retail and business sector, thanks to the quality of its assets, its unique real estate concepts and its know-how acquired. It has offices in Barcelona, Madrid, Valencia and Lisbon; it is also recognised by the market as the leading logistic promoter in the Iberian Peninsula and as one of the most active players within the emerging market of retail parks.

Coperfil Real Estate Group’s Products

Coperfil Real Estate Group is managed with a clear market view, using specific tools which allow the company to identify and define main segments, foresee their customers´ needs and determine the most effective strategies.

As a result, Coperfil Real Estate Group has become a specialist in long-term property development and investment in logistic, retail and business parks besides other mixed use development. At the moment the company has 58 investments in progress: 38 logistic and industrial parks, 9 retail parks, 7 business parks and 2 for mixed purpose. The current total value of assets managed by Coperfil Real Estate Group is over one thousand million euros.

When it comes to deciding about future investments, the company considers not only the economic viability of the project but also the viability of the social, environmental and landscape architecture which will be perceived by the surrounding community of the future park.

According to Oriol Gual, director of Property, “at Coperfil Real Estate we have a great interest in minimizing the environmental impact and maximizing the income of our assets. For this purpose we have created the sustainable energy division to install solar panels on top of the buildings´ roofs owned by the company to make the most out of our assets. The use of renewable energy sources generates an important social and environmental benefit which allows Coperfil Real Estate to achieve the Greenbuilding partner status by the European Union.

Green Park is the new concept of Coperfil Real Estate for retail and leisure parks development. All Green Parks not only maintain the usual architectural quality but also work on their landscape and environmental integration. This way they become a natural environment where it is possible to do shopping as well as other leisure activities.

Coperfil Real Estate Group´s Development Scheme is “society-oriented” and intends that the community and the administration have a positive perception of the company. Therefore the Group builds its infrastructures taking care of the design and its access, looking for integration of the environment, community and people´s satisfaction. All parks also offer complementary services such as hotels, business centers, service areas and shops which intend to satisfy the needs of businesses and staff which later on will work there.

All logistic parks are not just for storage or distribution purposes they are also for other activities of added value, they have numerous buildings and provide between 25,000 and 55,000m2 each. They are always located in strategic and well communicated areas, central or in new logistic areas less than 30km away from the city, close to important infraestructures and attractive locations.

Among the most important assets developed by Coperfil Real Estate Group we can find: the LogisPark Ciempozuelos in Madrid, developed together with Mercadona, the campus in Meco (Madrid), near the new facilities of Inditex and the LogisBages Park in Sallent (Barcelona). There are also two other projects which will be operating shortly in Carmona (Seville) and in Azuqueca de Henares (Madrid).

Coperfil Real Estate Group is concerned about the climate change and the environmental sustainability. Therefore all its parks have solar panels and promote the use of sewage water, recycling materials and the implementation of centres to measure the greenhouse gas emissions. The green spaces and relaxation areas as well as the wide avenues help to integrate the parks and the surrounding landscape minimizing its visual impact.

Retail parks are located on the fringes of important urban centers to facilitate access to customers, all infrastructures have generous dimensions and include usually a supermarket and a mid-size commercial area which comprise between 20,000 and 50,000 square meters. These parks are designed to reduce the environmental impact, to maximize the landscape integration, to manage energy efficiently and to use renewable energies as well. Viapark Bahía in Almería (South Spain) is among these retail parks and it will be operating in the near future.

Coperfil Real Estate Group Business parks are large projects planned to be developed, in most cases, thoughout the new business districts in Madrid, Barcelona and Valencia. They offer tailored solutions to their clients and market needs such as high quality offices, full independent corporate buildings, offices for freelance professionals, studios or the whole business park of more than 200,000 m² available to let. Among these future projects are the new business park of 22@ in Barcelona, the Open Vara de Quart in Valencia with more than 70.000 m² and the first project in the Central District of 22@ in Barcelona of 30.000 m².

At the same time, Coperfil Real Estate Group intends to maximize the complement of the logistic, retail and business parks throught the commercial developments called mixed use developments in which eventually they could become residential buildings to be sold to specialized consultants as the one that is under construction in Grao in Valencia in front of the new F1 circuit and adjacent to the Copa America facilities.

Coperfil Real Estate Group provides its projects with different services such as: hotel express, located in logistic, retail and business parks which are managed by well experienced operators within the hotel industry, Coperfil being responsible for its development and explotation

source : Coperfil Real Estate Group / Inforpress