18 March 2019 – Preferente
The Luksic family is going to reopen the Hotel Adler in Madrid with BBVA as its main tenant, after the bank closed a rental agreement to occupy three floors of the property, spanning almost 1,600 m2.
The wealthy Chilean family purchased the iconic property, which is located on the corner of Calles Velázquez and Goya, in the heart of the Salamanca neighbourhood, from the Vázquez family for €27 million.
The new tenant is expected to move in during Q4 2019 since the building work is still in a very initial phase. BBVA is going to open a new multi-functional office/branch in the property.
Original story: Preferente (by R.P.)
Translation/Summary: Carmel Drake