Alphavalue / Divacons | The property company has completed the sale, or is in advanced negotiations, of up to 41,000 m² of office space in Madrid. The buyers will convert these assets into housing, thereby helping to alleviate the housing shortage in the capital. The transaction would enable part of these assets to be converted into more than 400 homes.
The divestment would amount to around 7% of Merlin’s office portfolio in Madrid and would take place between 2026 and 2027.
