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: Market Updates THE COMMUNITY OF MADRID REINFORCES ITS LEADERSHIP ROLE AT THE SPAIN REAL ESTATE SUMMIT 12 May 2026 Offices Culmia completes the sale of its entire office building in Barcelona 13 May 2026