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: Logistics Spain's logistics take-up exceeds 1M sqm in H1 29 July 2026 Retail Rivoli buys Nuveen’s stake in Madrid’s Xanadú shopping centre for €250M 30 July 2026