This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Concerto Développement aplica en España un nuevo concepto de promoción inmobiliaria logística

Concerto Développement applied in Spain a new concept of logistics real estate promotion

17/07/2007

July 17, 2007

Concerto Développement Iberian, innovative developer inmologístico, continues its expansion in Spain, where it has already completed installation, three in construction and other ongoing projects. The company will participate for the first time in the international logistics - SIL 2007 in Barcelona.

Concerto Développement Iberian addresses the inmologística promotion from an innovative point of view, presenting the ship logistics as a stable and profitable investment and at the same time as installation of the latest generation.

Concerto Développement Iberian business model covers from the beginning and development of the entire project to subsequent sale to an investor and its rent a logistics operator. Concerto provides solutions in all phases of the installation grace their experts on the sectors financial, real estate and legal teams: manages the search, acquisition of land and adaptation as necessary; performs the technical project and the deposit of the building permit; It will prepare a workbook from loading to a Builder (general contractor); and search for users in rent and, at the same time, institutional investors.

Concerto Développement Iberian has currently four projects in Spain, located in the Madrid-Zaragoza - Barcelona, roads and Tarragona-Barcelona - Girona-France, totalling some 80,000 square meters of facilities. The future objective is to develop 50,000 meters cuqadrados of facilities in 2007, 80,000 square meters in 2008 and reach the 100,000 square meters per year in 2009.

Spain the was the first country chosen by the French leader in promotion inmologística for European expansion due to the vitality of the Spanish real estate market and the potential of logistics development of the country, on the one hand maintained a regular increase in the consumption and, on the other hand, needs renewed part of its current logistics park.

Image of the future Park in Sant Feliu de Buixalleu.

The facilities of Concerto

Concerto built its facilities with a series of technical features such as terrain with good communications and road infrastructure; logistic ships of new generation; máss of 10,000 square meters of surface; Interior 10 m heights; systems fire "sprinkles"; If walls; resistance of the soil of 5 tons/square meter; loading docks which allow the entry up to 5 meters of the trailer; large courtyards of maneuvers of 35 meters; and preferential use of environmentally sustainable materials (wood, recycled for the treatment of facades).

The Concerto ships are aimed at logistics operators, the large distribution companies and industrial users.

The company currently projects totaling 80,000 square meters

Achievements and projects at Spain

• The Bisbal del Penedes (Tarragona) opened in June 2006

Located in the region of Penedès, very close to the motorway AP-2, the logistics ship of La Bisbal has a surface area of more than 15,000 square meters built. It has 18 platforms for large trucks and system fire "sprinkler". It is owned by an investment fund managed by UBS and is leased to the logistics operator runs storage and distribution.

• Sant Feliu de Buixalleu

50 Km Barcelona and Girona, near of the AP-7 is being built three platforms of 11,000, 9,500 and 22,000 square meters, which will have "sprinkler", levellers electrical and other equipment of last generation. The ships will have a height of 10 meters and a playground for manoeuvre in more than 30 meters. Delivery dates are December 2007, June, 2008 and December 2008.

• Azuqueca de Henares

First installation in the area of Madrid, in the industrial Miralcampo of Azuqueca of Henares, where it is built a platform of about 20,000 square meters.

• Alcalá de Henares

Construction of a modular ship of 9,000 square meters, can be divided into modules of 4,500 square meters.

Concerto Concerto Développement Ibérica is the Spanish subsidiary of Concerto Développement, leading French in the sector of real estate logistics and integrated in the French real estate group AFFINE, which has a fixed assets of 118.7 billion euros in 2006 and is listed on the Euronext Paris Eurolista.