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Mapfre Buys Historic Building In Puerta de Alcalá For €80M

11 June 2015 – Cinco Días

Mapfre has acquired a beautiful trophy. It has taken ownership of a historic building next to the Retiro Park, in the Puerta de Alcalá, which has one of the best views in Madrid and of the historic park.

The insurance company has acquired the building located at number 6, Plaza de la Independencia for €80 million. It was auctioned by the Mutualidad de Notarios.

The building contains approximately 12,000 m2 of office space, spread across eight floors, and also houses retail premises.

The Mutualidad Notarial acquired the building more than 20 years ago.

Original story: Cinco Días

Translation: Carmel Drake