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 The New Investment Environment up to debate at the Spain RE Summit 08 April 2026 Residential Pryconsa develops 300 social housing units for rent in Madrid 09 April 2026