CaixaBank has formally put Torre Sevilla, the tallest building in Andalucía, on the market with an asking range of €130–150 million, according to market sources. The 180.5-metre tower, inaugurated in 2018 and held through the bank’s subsidiary Puerto Triana, has a total built area of 52,000 sqm and combines offices, a five-star hotel, a shopping centre and a large underground car park.
The office component, spanning over 32,000 sqm across floors 1 to 14, is currently 96% occupied, with tenants including Deloitte, Orange, EY and Ayesa. The Hotel Eurostars Torre Sevilla, operated by Hotusa, occupies floors 25 to 37 and comprises 244 rooms across more than 26,000 sqm; its operating contract runs until 2032.
Torre Sevilla also includes a 26,700 sqm GLA shopping centre, which today has 91% occupancy. Its designation as a Zona de Gran Afluencia Turística allows Sunday and holiday opening, supporting a marked increase in footfall.
CaixaBank has circulated the asset among several institutional investors. One of the interested parties is Argis, the firm founded by Alejandro Schuvaks and Carlos Zucchi, which has been highly active this year. Earlier this month Argis agreed to acquire a 1,000-unit residential portfolio from Acciona for €324 million, adding to its pipeline of more than 3,000 units. The firm also bought the former Johnson & Johnson headquarters in Madrid’s Campo de las Naciones, where it plans to develop over 250 flex-living units following a €51 million investment.
