Hines’ Zielo Shopping Pozuelo the First European Shopping Center to Achieve LEED® Gold for Core & Shell

(MADRID) – The Madrid office of Hines, the international real estate firm, announced today that Zielo Shopping Pozuelo has received Gold certification under the U.S. Green Building Council’s LEED® for Core & Shell (CS) rating system.

The property is the first shopping center in Europe to attain this designation.

It was originally pre-certified to the Silver level.

Hines Spain Managing Director Jamie Rea said, “We are very pleased with this achievement, as it sets a new sustainability benchmark for retail in Europe. The certification will be seen as a positive by shoppers, tenants and future investors.”

He continued, “Zielo has been attracting new tenants and customers with an innovative marketing plan that incorporates activities linking community members to the center.”

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

The property features a large central atrium, which is flooded with natural light, and rooftop terraces with impressive views of the Casa de Campo and the Madrid skyline.

Other sustainable features include:

The roster of prestigious national and international tenants includes: Adela Gil; Bimba & Lola; Blanco; Colección Hogar; Flamenco; H&M; Hackett; Hazel; Le Creuset; Lester; Mango; Musgo; Pórtico; Purificación García; Roberto Verino; Supermercados Sánchez Romero; Trucco; and Yusty.

Hines entered the Spanish market in 1995 with 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 1,119 properties representing more than 42 million square meters of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments. With offices in 100 cities in 17 countries, and controlled assets valued at approximately $23 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, Haute Qualité Environnementale and DGNB green building rating systems. Visit www.hines.com for more information