Plaza Pablo Ruíz Picasso Office Building by Merlin Properties welcomes first tenants

Press Release

May 21, 2024

Merlin Properties, a leading real estate company, and Next Sense, an innovator in smart & sustainable building technology, are proud to announce their collaboration aimed at enhancing the flagship Plaza Pablo Ruíz Picasso office building located in Madrid’s prestigious Azca-Paseo de la Castellana district.

The Plaza Pablo Ruíz Picasso office building, a cornerstone in the capital’s business hub, spans an impressive 36,899 square meters. Known for its cutting-edge design and commitment to sustainability, it is recognized as one of the smartest and most eco-friendly office buildings in Spain.

Next Sense has been collaborating with Merlin Properties for several years, helping Merlin Properties to bring state-of-the-art technology and smart solutions to this iconic building. This collaboration has not only elevated the building’s functionality but has also supported Merlin on their road towards paris-proof buildings while monitoring the right KPI’s to report on for ESG compliancy.

"We at Next Sense are thrilled and proud to be working on such a remarkable flagship building with a partner that is truly committed to their net-zero targets," said Mikko Valtonen, VP Global Operations from Next Sense. "Our collaboration with Merlin Properties has been inspiring, and we are excited to see the positive impact of our smart technologies within Merlin Propeties flagship building."

The CTO of Merlin properties, Mr. Alvaro Ontanon, also shared his excitement about the co-operation with Next Sense: "We are delighted to see our vision for Plaza Pablo Ruíz Picasso come to life with the support of Next Sense.   To measure is to know and from there you can optimize. We look forward to continuing our co-operation with next Sense and achieving even greater heights together."

This collaboration underscores both companies' dedication to pushing the boundaries of what is possible in modern office spaces, ensuring that the Plaza Pablo Ruíz Picasso remains at the forefront of innovation and sustainability.

About Merlin Properties:

Merlin Properties is a leading real estate company specializing in the acquisition, development, and management of commercial properties across Spain and Portugal. With a focus on innovation and sustainability, Merlin Properties aims to create spaces that meet the evolving needs of businesses and communities.

About Next Sense:

Next Sense is a pioneer in smart building software, offering innovative solutions that enhance the functionality, efficiency, and sustainability of modern office spaces. Through AI controls the company can positively impact the energy management in buildings while making owners and tenants compliant with ESG directives. Next Sense is committed to decarbonize real estate with data, care and purpose.

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Sarah Estebanez