Iberian Property > News > Offices InmoCaixa acquires Barcelona’s Edificio Estel for over €380M Bain Capital and FREO acquired the building in 2021, at a time when the property had been largely vacant and suffered from years of decline following Telefónica’s departure in 2011. Alexandre Lima | 30/01/2026 Edificio Estel, Barcelona. Image by: CBRE Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Offices Grupo Casais buys an office building in Lisbon from Finangeste 20 March 2026 Offices Merlin Properties and CUNEF complete their new campus at Ciudad Universitaria 20 March 2026