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Merlin, GMP and Madrid City Council Join Forces to Relaunch Azca

Madrid City Council and the company Renazca, created by Merlin Properties and GMP, have signed a protocol for action, which does not yet have a budget, but which seeks to improve and revitalise the Azca area of the Spanish capital.

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The mayor of Madrid, José Luis Martínez-Almeida, has signed a protocol for action with the property developer Renazca, backed by the Socimis Merlin Properties and GMP, to improve and revitalise the Azca area of the Spanish capital.

The intention is for more companies to join the urban regeneration process, which has yet to be designed, in the financial heart of the city. It will affect both the spaces between buildings, as well as the premises located on the ground and basement floors.

Read the full article in Spanish.

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