Meridia begins the construction of Smart

Meridia Capital, the alternatives investment fund manager led by Javier Faus, started in June the construction of Smart, a pioneering smart building in Spain. Smart, targeted to be operational by mid-2022, will be located in the northern part of Barcelona's 22@ district, the city's business and technological hub

The project will be granted with the WELL Platinum certification, for the comfort of its users, and the LEED Platinum, for the sustainable design of the complex, both awarded by the U.S. Green Building. The building offers 24,605sqm of office space divided into three independent buildings, open spaces, a terrace, wellbeing programs and resource optimisation systems. Jaime Monzó, Project Manager at Meridia Capital, stated: "Smart aims to become the building with the highest LEED v4 score in the world. Setting new standards for sustainability, this project represents Meridia’scommitment to invest in technological innovation and its responsibility to the social and environmental impact in the community”.

The innovation of the complex lies in its efficiency and in the automation of all its services. Smart users will have an App through which they will be able to manage every detail, from the reservation of activities or spaces such as common rooms to the adjustment of the parking lot ortheair conditioning.

The design of Barcelona’s smart building has been developed by the studio GCA Architects. They propose a structure which is morphologically based on urban integration: a building that blends in with its surroundings and encompasses Poblenou neighborhood’s legacy and innovation while promoting sustainability and technological development in the area.

Smart, marketed jointly by JLL and CBRE, is a modular complex, as tenants will be able tochoose to join the floors of the buildings to grow horizontally -creating up to 2,000 m2 of office space -;to do so vertically;or also to use it asa corporate building in a single block.

In December 2018, Meridia Capital, through its investment vehicle Meridia III acquired the plots where Smart will be built, delimited by the streets Pere IV and Fluvià, next to the municipal centre of artistic production La Escocesa.

With the aimof understanding and promoting the social and cultural roots of the area, Smart has been developed completely integrated with its surroundings. Considering the excellent relations with its neighboring artistic center, future cooperation projects in the complexare likely.

About Meridia Capital

• Meridia Capital PartnersSGEIC, S.A.is an alternatives fund manager investing in private markets in Spain with over 850 million euros of equity raised plus close to 250 million euros of assets under advisory.

• Throughout the firm’s more than 14 years of experience and various vehicles, Meridia has consistently outperformed market returns for its investor base, which includes some of the world’s largest and most noteworthy institutional groups.

• Through its various vehicles, Meridia boasts extensive experience in the real estate industry. In addition, Meridia Capital is also active in the private equity, venture capital and impact investing sectors