Author Archives: squinnier

Regarding the income statement, currently leases are included as “External Services”, with their consequent impact on EBITDA. However, as of 2019, the leases will appear as “Amortizations” and “Interest”. This new accounting will not have an impact on the accumulated net result in the life of the contract, nor on the cash to be paid each year. IFRS 16 is going to change the financial picture of companies, since they will have to incorporate the present value of all the payments committed in the rental contract to assets and liabilities, so they will apparently have more debt. Due to IFRS16, therefore, companies will appear to have more debt. And this will inevitably impact many of the aspects related to real estate, legal, accounting or financial strategy. Let’s see some examples: Due to all these implications, it is very important that companies not only focus on solving the accounting implications. It…

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“Law firms require more and more coordination and collaboration between specialties and departments, with an increasing need for collaborative spaces that facilitate interaction, and a tendency to reduce the number of firms.” Enrique Carrero, National Director of Workplace Solutions at CBRE Looking ahead, there will be an increase in the surface of the value-added and collaboration spaces compared to the individual spaces assigned. Greater attention will be paid to the “democratization” of access to natural light and quality views. The care of the props and interior design will continue to gain prominence to generate environments of trust for clients and home spaces for professionals. Until a year or two ago, law firms –in line with the main sectors in Spain– were limited to promoting social benefit policies. However, since the WELL certification began to become known in Spain just a year ago, there are already some firms that have begun…

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Today there is so much information about the physical structure of cities and their buildings that various initiatives have begun to speak of “digital twins” to refer to those “virtual copies” that can be used for urban planning or city management. buildings and properties. It is something that materializes in complete 3D scenes of those cities, with degrees of detail that are sometimes surprising and whose possibilities are yet to be explored. Some go even further and go as far as detailing the interior of buildings and their facilities. Starting with the most general, one of these projects is 3DEXPERIENCity, a complete recreation of the Singapore city-state in 3D by Dasssault Systems. The project is a kind of “supervitaminated Google Maps”, in which 3D buildings and all the information they have collected from different city agencies are superimposed on the street data on a unified platform. This includes both 3D…

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Evaluating buildings using this foundation is a healthy exercise in understanding how buildings can perform better in the long term and can contribute to making better cities to live in. It is essential to adhere to appropriate socially responsible standards, such as thinking in an urban context and the needs of society. The rehabilitation of buildings is basic in urban regeneration. Having excellent buildings is our contribution to the global sustainability of our cities and our “grain of sand” in building better cities to live in. Madrid continues to register high construction activity and maintains the pace of last year, a reflection of the high investment interest that the city awakens. As of July 2017, 244 active cranes have been identified, thanks to the CBRE “crane counter”. In order to carry out this analysis, CBRE has geolocated the cranes present in Madrid through a network of Pléiades satellites and, based…

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“ The Wynwood neighborhood in Miami is one of the most popular stops in the city for its open-air museum: Wynwood Walls, a garden with huge and colorful murals painted by artists from around the world. About 6 kilometers north, a 10-story hotel, the SLS Brickell, was turned into a 3,700-square-meter work of art thanks to artist Markus Linnenbrik. Linnenbrik used his ‘dripping’ technique, a method that requires no brushes, only paint, water and gravity, to cover the surface of the building. The giant watercolor was commissioned by Jorge Pérez, of the Perez Art Museum, as part of his commitment to providing quality art to Miami residents without the need to visit an exhibition. The “always available” work culture can take its toll on workers. Email and smartphones have made employees available at all hours of the day. This level of availability goes hand in hand with stress, with a…

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