Vemosa snaps up central Madrid office

Spanish property developer Vemosa has acquired a famous Madrid building located at 30, Gran Via avenue for EUR 45 mln, the company said in a press release. Previously occupied by Telefonica, the office property is located in the centre of the Spanish capital and provides some 9,074 m[sup]2[/sup] distributed on 15 storeys and two underground levels. Vemosa said it has not yet decided whether it will use the property for offices or residential units.

Would you like to read more? Log in first (top right of the screen) or take a trial.


Latest news

Best read stories