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: Offices Tomás Olivo completes €200M acquisition of Telefónica’s historic Madrid headquarters 03 September 2026 Hotels Tikehau and Quest commit over €150M to first four Selecto hotels 07 September 2026