MAPFRE Acquires Landmark Madrid Building

The property, currently let to EA Sports, is located in the city's Méndez Álvaro area which hosts the headquarters of several leading companies in Spain, and enjoys excellent transport links as a result of its proximity to Atocha Station. In recent years, Méndez Álvaro has become a hub for the technology and creative industries.

The Ombú Building has an area of over 14,000 square metres that encompasses the main building and a secondary building, as well as more than 240 parking spaces. The complex features 12,000 sq m of green spaces that are integrated into its design, and it has been fully renovated by the renowned Norman Foster studio to meet the highest standards of sustainability and energy efficiency.

Carlos Díaz, General Manager of MAPFRE Inmuebles, tells FM Magazine: "This acquisition reaffirms our commitment to investing in top-tier real estate assets that combine innovation, sustainability and strategic value."

MAPFRE Inmuebles recently acquired a nine-story building at Calle de María de Molina, 54, in the Salamanca district of Madrid, just a short walk from Príncipe de Vergara, and has been partnering with leading European firms since 2018 to diversify its portfolio across the continent, focusing on assets in prime locations in major capital cities.