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 Grupo Icyesa acquires Barcelona’s RBA Tower for €100M 10 June 2026 Hotels AX Partners acquires the Casa Luz hotel in Barcelona for €40M 12 June 2026