Telefónica Sells Headquarters on Barcelona’s Plaça de Catalunya for €100 Million

19 November 2019 – The Spanish telecoms firm Telefónica has sold its historic headquarters located at the corner of Plaça de Catalunya and Portal de l’Àngel to the Basque executive Daniel Maté for one hundred million euros.

Telefónica had announced its intention to sell the asset in March through a private auction without the intermediation of any real estate consultants.

Telefónica will continue to lease the building for the moment. The Movistar Center operates on the first floor, with offices on the rest.

Mr Maté had also already acquired a portfolio of four buildings from Telefónica a few years ago for a total of fifty million euros. The executive converted the properties, in Madrid, Barcelona and Santander, into residential flats.

Original Story: Eje Prime

Adaptation/Translation: Richard D. K. Turner

Melia To Open New Hotel ME On Passeig de Gracia

23 January 2013 – Expansión

The Majorcan chain, which used to have a hotel under the ME brand in the 22@ district of Barcelona, has now chosen a much more central location for its return to Barcelona, which previously housed a Husa property.

The designer hotel brand ME by Melia is returning to Barcelona. It already tried its luck in 2008 with a hotel on Avinguda Diagonal, in the 22@ district, but the location did not work well and the chain withdrew the ME brand and converted the property into a more family-oriented hotel. Now, the chain has acquired the former Hotel Barcelona, on the corner of Calle Caspe and Passeig de Gracia, very close to Plaça Cataluyna.

Original story: Expansión (by Marisa Anglés)

Translation: Carmel Drake