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: Data Centers Ferrovial to invest €1,000M in data centre campus in Madrid 13 July 2026 Residential Badi and Caterina are merging to create a flex-living platform 14 July 2026