Iberian Property > News > Hotels Alting buys an office building in Gran Vía to convert into hotel The transformation works are expected to be completed in the first quarter of 2026. The project's investment is estimated at around 35 million euros. Alexandre Lima | 06/03/2025 Gran Vía 3, Madrid Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Market Updates Santander, BBVA and Buenavista finance €60M surf lagoon project 09 March 2026 Market Updates Madrid wants to be the European capital of affordable housing 10 March 2026