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: Logistics Marq Logistics launches 51,450 sqm of logistics space at Oaxis Park Madrid Villaverde 03 July 2026 Offices CaixaBank acquires MicroBank Tower in Barcelona for €20 million 26 June 2026