BBVA wants to generate 100M with the sale of its tower in Bilbao

BBVA wants to generate 100M with the sale of its tower in Bilbao


One of the last real estate assets owned by the bank in its birthplace city, the BBVA Tower adds 23,935 m² of built area and was known to be the tallest building in the Basque capital, only to be supplanted after the construction of the Iberdrola tower, in 2012.

Located on the Gran Via, in the heart of the economic capital of Euskadi, the 88-meter, 21-stories skyscraper is on sale for more than €100 million, despite its almost 50 years.

To contribute to this evaluation is the megastore that Primark will open there, occupying its first floors; having already signed the lease agreement for that area of 10,000 m² for a period of 30 years.

According to El Economista, the Spanish Bank expects to sell the building during the first half of the year.




Photo: El Economista

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