Iberian Property > News > Offices Abauco buys two Telefónica buildings in Madrid for €25M The telecoms group will continue to occupy both buildings for two to three years before they are vacated and converted into residential schemes. Alexandre Lima | 03/12/2025 Alcalá 552, Madrid - project render. Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Hotels Bergami Inversiones acquires former convent in Seville for €5M 19 February 2026 Retail Henderson Park and Eurofund sell Islazul to Castellana Properties for €340M 27 February 2026