Iberian Property > News > Offices Renfe considers purchase of the Méndez Álvaro Faro building for €109M The property, owned by the Ardian fund and currently undergoing refurbishment, covers 13,688 sqm and is located in one of Madrid's most rapidly transforming office areas. Alexandre Lima | 22/09/2025 Faro building, Madrid. Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Logistics Dunas Capital forms the Compensation Board for the Alma Meco logistics area 09 March 2026 Market Updates Madrid wants to be the European capital of affordable housing 10 March 2026