Hines’ Tripark Las Rozas the First Property in Spain to AchieveLEED® Gold Certification

(MADRID) – The Madrid office of Hines, the international real estate firm, announced today that Tripark Las Rozas has received Gold certification under the U.S. Green Building Council’s LEED® for Core & Shell (CS) rating system. The property is the first in Spain to have achieved Gold certification.

Tripark Las Rozas is a three-building, 351,873-square-foot (32,702-square-meter), Class A office complex located within the Las Rozas Business Park in northwest Madrid. All three 117,338-square-foot (10,900-square-meter) buildings are situated at a highly visible intersection of the A-6 motorway and the M-50 ring road. Hines developed the property in 2010 for the Hines European Development Fund I.

Hines Managing Director Fernando Arenas said, “This certification gives Hines a strategic advantage in the Spanish real estate market where awareness of sustainability, environmental performance and occupant productivity is growing among leading tenants.”

Sustainable features include: façade design solutions to reduce thermal gain; floorplate depths that maximize natural light; photovoltaic energy; photocatalytic filters installed in air conditioning ducts; non-toxic materials; bicycle storage with changing rooms and shower facilities; and water-saving technologies, among other things.

Hines entered the Spanish market with a strategic investment in Barcelona in 1995. That investment, known as Diagonal Mar, centered on 84 acres of land fronting the Mediterranean Sea. The project is one of Europe’s largest mixed-use developments totaling over four million square feet consisting of a retail and leisure center, five residential phases, three hotels, three office buildings and the third-largest public park in Barcelona. In 2000, Hines expanded its operations in Spain by opening a Madrid office, and in 2004, a Marbella office. Today, Hines Spain has more than 25 employees involved in development, leasing, financing and asset management.

Hines is one of the most sustainable real estate companies in the world.

In 2010 Hines was recognized by the EPA, for the third time, with the ENERGY STAR Sustained Excellence Award; Hines manages 147 labelled buildings, representing approximately 75 million square feet, in the ENERGY STAR program.

Twelve Hines development or redevelopment projects, representing more than six million square feet, have been designated as Designed to Earn the ENERGY STAR.

Hines is also a leader in the U.S. Green Building Council’s programs, with 192 projects, representing more than 100 million square feet that have been certified, pre-certified or registered under the various LEED® rating systems.

Hines was a founding member of the German Sustainable Building Council and the Russian Green Building Council, and is active in the Green Building Council Brasil, the Green Building Council España, the Green Building Council Italia, the Indian Green Building Council, the BRE Environmental Assessment Method program in the United Kingdom and the Haute Qualité Environnementale program in France.

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. Hines has offices in more than 100 cities in 17 countries and controls assets valued at approximately $22.2 billion. Visit www.hines.com for more information. To learn more about sustainability at Hines, visit www.hines.com/sustainability.