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: Offices Spanish insurer buys Madrid Grade A office building from PERIAL AM 31 August 2026 Market Updates Madrid unlocks 448,550 sqm of Real Madrid land for new uses 27 August 2026