{"id":2386,"date":"2017-04-05T10:17:34","date_gmt":"2017-04-05T08:17:34","guid":{"rendered":"https:\/\/www.alting.com\/group-alting-participates-in-the-auction-of-paseo-de-la-castellana-14-in-madrid\/"},"modified":"2026-01-27T15:14:24","modified_gmt":"2026-01-27T14:14:24","slug":"group-alting-participates-in-the-auction-of-paseo-de-la-castellana-14-in-madrid","status":"publish","type":"post","link":"https:\/\/www.alting.com\/en\/group-alting-participates-in-the-auction-of-paseo-de-la-castellana-14-in-madrid\/","title":{"rendered":"Alting Group participates in the auction of Paseo de la Castellana, 14 in Madrid"},"content":{"rendered":"<p>Barcelona, April 5 2017.- On Thursday, March 30, the <a href=\"https:\/\/www.alting.com\/en\/investment\/\"><strong>Alting Group<\/strong><\/a> participated in the bidding process on the building of the <a href=\"https:\/\/www.google.es\/maps\/place\/Paseo%20de%20la%20Castellana,%2014,%2028046%20Madrid\/@40.4281792,-3.6913542,17z\/data=!3m1!4b1!4m8!1m2!2m1!1scastellana%2014,%20madrid!3m4!1s0xd42289166c240bd:0xd03e18c24324e5ff!8m2!3d40.4281792!4d-3.6891655?shorturl=1\">Paseo de La Castellana, number 14<\/a>, owned by Social Security and which was finally awarded to the\u00a0<strong>Consorcio General de Seguros<\/strong>\u00a0for 40.25 million euros.<\/p>\n<p>The starting amount of the\u00a0<strong>public tender<\/strong>\u00a0was 17.48 million euros and the bidding was done by raised hand. Among those interested there were only 11 renown companies, among which stood out the family company Fonsagrada, of Alicia Koplowitz; Cogein, a company of Marco Colomer; and the SOCIMIs Merlin Properties and Axiare Patrimonio.<\/p>\n<p>The privileged location of the building, in the coveted corner of the Madrid artery and the street Ayala, finally generated an intense bidding of Alfredo Coto, from Argentina, the owner of the company Malakul and owner of the adjacent building and the Consorcio General de Seguros, a public organization that belongs to the Ministry of Economy, Industry and Competitiveness.<\/p>\n<p>The building of 5,800 m\u00b2 has limited use, since it is located on a lot dedicated to public services, which implies that it has to be used for government offices, educational centers or foundations, but cannot house dwellings or offices.<\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-790556\" src=\"https:\/\/www.alting.com\/wp-content\/uploads\/2024\/07\/Castellana14Madrid_Satelite-2.jpg\" alt=\"Castellana 14 Madrid Sat\u00e9lite 2\" width=\"800\" height=\"533\" \/><\/p>\n<p><strong>The\u00a0<\/strong><a href=\"https:\/\/www.alting.com\/en\/inversiones\/\">Investment<\/a><strong> Area of the Alting Group<\/strong>, in its property-oriented vocation and long-term vision, carefully studies all investment processes that might contribute to diversifying its select portfolio of buildings, generating stability, value and profitability sustained over time.<\/p>\n<p><a href=\"https:\/\/www.alting.com\/en\/investment\/\"><strong>Alting<\/strong><\/a>, with a long and consolidated career in Prime Real Estate Investment and Management, is a\u00a0<strong>Real Estate Group<\/strong>\u00a0with 40 years of experience that provides value from each of its three business lines:\u00a0<a href=\"https:\/\/www.alting.com\/en\/inversiones\/\">Investments<\/a>,\u00a0<a href=\"https:\/\/www.alting.com\/en\/developments\/promociones\/\">Developments<\/a>\u00a0and\u00a0<a href=\"https:\/\/www.alting.com\/en\/consultoria\/\">Consulting<\/a>.<\/p>\n<p>For further information, contact\u00a0 <a href=\"mailto:%20comunicacion@alting.com\">comunicacion@alting.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Barcelona, April 5 2017.- On Thursday, March 30, the Alting Group participated in the bidding process on the building of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1256,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[322],"tags":[484],"class_list":["post-2386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-news-en","tag-edificios-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3.1 - 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