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: Market Updates MADRID CAPTURES NEARLY TWO-THIRDS OF SPAIN’S CRE INVESTMENT IN MARCH 13 April 2026 Offices Colonial sells Tucumán office building in Madrid for €24M 09 April 2026