Gran Vía 18 in Madrid is on the market for €70M

Gran Vía 18 in Madrid is on the market for €70M

This asset, once its renewal is complete, will have 5.500 sqm, of which 2.300 sqm will be destined to retail and around 3.000 sqm to offices. It is located within the Spanish capital’s prime area, at number 18 Gran Vía – it also has 400 sqm available to set up a restaurant on the terrace.

The companies acquired the asset for around 44 million euro in 2017, according to El Economista this Thursday.

Iberian Property logoIberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!