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Repsol, Google and Operación Calderón Place Arganzuela on Investors’ Radar

In the district with the second most affordable average house prices inside the M-30, prices are already doubling and companies are moving into new offices.

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Operación Mahou Calderón is the star residential project in the district.

The cultural offering of the Matadero; the location of the Google campus and the future opening of the offices to be built by Colonial, with the headquarters of Catalana Occidente as the flagship; and, above all, the rapid appreciation of the price of new-build homes is converting the district of Arganzuela in Madrid into a strong future contender to compete with the north of the Spanish capital.

According to a report prepared by the consulting firm CBRE, large companies in the industrial and energy sector, together with those from the public sector occupy 54% of the total ​office space in the district. The authors of the report have not assessed the impact of Covid on this sub-market, but they do acknowledge that the uncertainty it generates is affecting their ability to be exact when it comes to estimates.

Read the full article in Spanish.

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