Swire Properties Welcomes Efren Ales as Senior Director of Special Projects

Swire Properties Inc, one of South Florida’s leading international developers of real estate, announces the addition of financial and real estate professional, Efren Ales, as Senior Director of Special Projects. In this role, Ales will assist in the oversight and management of Swire’s South Florida-based special projects, including Brickell City Centre, a $1.05 billion mixed‐use development of 5.4 million square feet.

“As a strong and established executive, Efren understands the intricacies of real estate development. His role will be vital as Brickell City Centre continues to evolve,” said Stephen Owens, President of Swire Properties Inc.

Brickell City Centre will span 9.1 acres along South Miami Avenue, and will include office, residential, hotel, retail and entertainment space, and two floors of underground parking. It is currently the largest private-sector project under construction in Miami, and one of the largest in the United States.

Efren brings with him over 15 years of experience in finance and accounting having worked with publicly traded companies, private organizations and equity funds. More recently he tenured at a private equity/family office directing and managing the finance and accounting functions of their real estate division. Prior to joining Swire Properties, Ales led a successful career working as the Director of Real Estate Finance and Accounting at Greenstreet Real Estate Partners, L.P., and more recently as the Chief Financial Officer at Transcendent Investment Management. His combination of experience in accounting and real estate make him the ideal candidate for the special projects leadership role at Swire Properties Inc.

ABOUT SWIRE

Swire Properties Inc, headquartered in Miami since 1979, is one of South Florida’s leading international developers of urban office, hotel and condominium properties. Known for its $1 billion master‐planned development of the island of Brickell Key in downtown Miami, Swire continues to shape the Miami skyline with its latest project, Brickell City Centre, a landmark $1.05 billion mixed‐use complex comprising a gross floor area of 5.4 million gross square feet, including an underground carpark and 2.9 million square feet of office, residential, hotel, retail and entertainment space. The Company is a wholly-owned subsidiary of the publicly-listed Swire Properties Limited based in Hong Kong. For more information, www.swireproperties.us.


MIAMI | September 30, 2014

Contact: Katrina Perez, 786-565-3397 or kperez@quinn.pr

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