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March Family Buys Ahorro Corporación’s HQ

11 May 2015 – Cinco Días

Corporación Financiera Alba, owned by the March family, announced on Friday that it had acquired the headquarters of Ahorro Corporación in Madrid for €147 million.

The property is located at number 89 on Madrid’s Paseo de la Castellana, just 50m away from the Picasso building. The property measures 20,000 square metres, spread across 12 floors of rented offices, another floor containing retail premises and 530 parking spaces. The building’s current tenants include Sareb, Deloitte and Alain Affelou in the offices and Lateral, Maki and New York Burger in the retail area.

Original story: Cinco Días

Translation: Carmel Drake

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