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 Edgar Suites invests €13.2M its first asset in Madrid 17 September 2026 Offices New Winds Group acquires Málaga Halley office building from Aliseda 21 September 2026