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: Residential Rockstone acquires a commercial building in Madrid to build 30 homes 20 May 2026 Offices Tomás Olivo buys historic Telefónica’s Gran Vía headquarters for €200M 22 May 2026