Iberian Property > News > Offices Renfe considers purchase of the Méndez Álvaro Faro building for €109M The property, owned by the Ardian fund and currently undergoing refurbishment, covers 13,688 sqm and is located in one of Madrid's most rapidly transforming office areas. Alexandre Lima | 22/09/2025 Faro building, Madrid. Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Market Updates Applications for the Iberian Property Awards open until the 3rd of April 26 March 2026 Residential Aurora Homes will invest €87M in 329 social housing units in Brunete 17 March 2026