Gran Vía, 18

Gran Vía 18, Madrid
Acquisition Date
Gross Lettable Area
Tertiary asset of 5,500 sqm

About the asset

Gran Vía, 18

Building located at 18 Gran Vía Street in Madrid, occupying a total area of 5,500 sqm, distributed in a basement and seven floors above ground.

Built at the beginning of the 20th century, the building has undergone a thorough renovation that has transformed it into one of the best commercial buildings in the center of Madrid. In this unique project, a benchmark in the Spanish retail market, IBA has collaborated with Allende Arquitectos.

The building has been leased in its entirety to WOW, a new innovative retail concept that brings together new trends, merging gastronomic experiences and pioneering digital brands with other consolidated and international reference brands. All this to create a new consumption and leisure experience in which the customer actively participates in the advantages offered by the world of leisure and digital retail and the more traditional physical commercial world.

The property is LEED Gold certified.