Iberian Property > News > Offices Abauco buys two Telefónica buildings in Madrid for €25M The telecoms group will continue to occupy both buildings for two to three years before they are vacated and converted into residential schemes. Alexandre Lima | 03/12/2025 Alcalá 552, Madrid - project render. Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Residential Quantum Kiptam acquires prime Recoletos asset in Madrid 20 March 2026 Offices Ageas Portugal sells Cais Office in Parque das Nações 23 March 2026