21 January 2020 – El Inmobiliario Mes a Mes – Rebeca Arroyo
Commerz Real has purchased a 10,000 m2 office building near to Madrid airport from Inmobiliaria Valtiendos for an undisclosed sum.
The property is located on Avenida de Aragón in the Ciudad Pegaso business park and is going to be converted into a 2-star hotel, containing 280 rooms, which will operate under the Zleep Hotels brand. Work on the conversion is scheduled to start this year and be completed in 2021.
Original Story: El Inmobiliario Mes a Mes – Rebeca Arroyo
Translation/Summary: Carmel Drake