Catalonian property group Corporación Renta Antigua has acquired a luxury apartment block in Madrid from Metrovacesa in the Orense and Basilica area of the city, near Azca business estate and the Paseo de Castellana. The deal is worth around 55m. Renta Antigua intends to renovate the building and sell the flats off on an individual basis.
Expansion, 17 May 2003, p8