Iberian Property > News > Offices Renfe completes €109M acquisition of Faro building as new Madrid HQ Faro, comprising 14 floors of offices plus 870 sqm of terraces, was previously owned by Ardian. Alexandre Lima | 25/11/2025 Faro building, Madrid. Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Retail Alerce is set to develop a 14,500-sqm retail park in Madrid 28 May 2026 Hotels Hilton and Santander to launch long-stay accommodation in Madrid in 2028 29 May 2026