Iberian Property > News > Market Updates Montemadrid sells Palacio de la Música to investor group Zephyros The building, located on Gran Vía and protected for its heritage value, will be transformed into a contemporary cultural space within an estimated three years. Alexandre Lima | 26/06/2025 Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Residential Nuveen Real Estate acquires two rental properties in Spain 21 April 2026 Residential Student Experience will invest €55M in a new student residence in Madrid 10 April 2026