Iberian Property > News > Hotels Alting buys an office building in Gran Vía to convert into hotel The transformation works are expected to be completed in the first quarter of 2026. The project's investment is estimated at around 35 million euros. Alexandre Lima | 06/03/2025 Gran Vía 3, Madrid Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Hotels Stay U-nique expands into the Canary Islands with an ibis Styles hotel 21 April 2026 Residential Nuveen Real Estate acquires two rental properties in Spain 21 April 2026