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Gran Vía 18 in Madrid is on the market for €70M
15 November 2019 | Vanessa Sousa

One of the largest buildings at the Gran Vía in Madrid is now on the market. CBRE Global Investment Partners and IBA Capital, its owners, are asking 70 million euro for this building.


This asset, once its renewal is complete, will have 5.500 sqm, of which 2.300 sqm will be destined to retail and around 3.000 sqm to offices. It is located within the Spanish capital’s prime area, at number 18 Gran Vía – it also has 400 sqm available to set up a restaurant on the terrace.

The companies acquired the asset for around 44 million euro in 2017, according to El Economista this Thursday.