SOURCE: Metrospaces

January 22, 2015 23:11 ET

Metrospaces New CEO Daniel Silva Addresses Company Shareholders for the First Time Since Officially Taking on Position

MIAMI, FL--(Marketwired - Jan 22, 2015) - Metrospaces (OTC PINK: MSPC)

Dear Shareholders:

It is a very exciting opportunity to be able to share with you my passion for luxury hotel development. Since I started in this business, I have had the privilege to work with some of Latin America's most successful real estate entrepreneurs, making this job something more of a passion than work. My involvement in Ikal del Mar, Esencia Hotel and Prohotels International, has brought me incredible joy in being able to participate in the development of not just 2 of the finest hotel properties (and most successful) in Playa del Carmen, Mexico, but to also help grow one of the premier boutique hotel operator in the Americas. Now with Ikal Lodge and Wine I intend to share this same joy and passion for luxury boutique hotels with you. Bringing my operating and financial skills together with Metrospaces' current projects and management, makes for a very exciting opportunity. My intention is also to fully attend to the Pariaguan Business Hotel and Tulasi Luxury Spa and Hotel. These 2 projects represent special opportunities due to risk-reward scenarios, and we have all the tools to make them very successful. In this particular regard, both projects have moved forward very nicely in their planning approval. Tulasi Luxury Spa and Hotel just received this week the renewal for its environmental permit, deemed to be the lengthiest and most difficult to obtain. With this in hand, we estimate to have planning approval in the next 2 months, allowing us to go to the local commercial banks to obtain financing. The Pariaguan Business Hotel is also moving along very nicely, having gained its approval by the Ministry of Tourism. We expect to have planning approval on the Pariaguan project in the next 4 months. These are very exciting challenges, but well within our capacity and experience. We are very confident that our execution level will be of the highest standard and bring our shareholders many opportunities to share this passion and success.


For a link to the "IKAL LODGE AND WINERY" project:

For a link to our 3 hotel projects currently underway:

About Metrospaces

Metrospaces is a publicly traded real estate investment and Development Company which acquires land, designs, builds, and develops then resells condominiums and Luxury High-End Hotels, principally in urban areas of Latin America. The company's current projects are located in Buenos Aires, Argentina, and Caracas, Venezuela. It is operated by an elite group of real estate professionals and entrepreneurs located around the world. Company shareholders have extensive careers in real estate financing worldwide, and have funded projects both in the America's and across Europe valued in excess of US $350Million.

Six years ago Metrospaces shareholders saw a unique opportunity to participate in several exciting property markets around the world. Through their world-wide network of highly recognized real estate entrepreneurs, the company was able to capitalize on unique real estate development opportunities. Since Inception the company has leveraged those relationships along with extensive financial expertise and transformed excellence by results.

Metrospaces is a boutique real estate development company, a product of the alliance of Metrospace shareholders, along with an elite group of real estate professionals and entrepreneurs located around the world. Company shareholders have extensive careers in real estate financing worldwide, and have funded projects both in the America's and across Europe valued in excess of US $350Million.

Metrospaces' majority shareholders has partnered with Investors on Elite properties including The London BLVGARI 5 Star Hotel, and is currently involved in negotiations for the development of several Elite luxury properties in South America.

Among Metrospace partners are Architects, Real Estate Developers, Agents and Attorneys of the highest standing, with extensive experience in the global property market.

Metrospaces was originally founded by company President Oscar Brito.

About Ikal Lodge and Winery:
Ikal Lodge and Winery is a 75 hectare wine-based vacation home/hospitality real estate project. The project consists of a 25-master suite luxury hotel, a winery and 29 luxury villas that will be sold under fractional ownership. Ikal currently sells its award-winning wines in Spain, Mexico and the US. See:

Relevant Links:

Safe Harbor Statement:
Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Metrospaces Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

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