Grosvenor in Madrid
Madrid is an exciting and welcoming city, which has experienced significant growth since the global financial crisis of 2008. The third largest city in the European Union, it is considered the major financial centre of Southern Europe.
While an active and modern city, it retains the charm of its many historic neighbourhoods; enjoy its distinct architectural style, vibrant tapas bars and elegant shopping streets. Madrid also boasts exquisite landmarks such as the Royal Palace, Retiro Park and a large number of national museums.
Grosvenor has been active in Madrid since 1996, most notably for our joint venture with Grupo Lar in the early 2000s, which invested in offices, shopping centres and business parks across Spain. We have maintained an office in the capital ever since.
We now focus on unlocking the potential of the residential market. Since 2017, we have acquired several development sites and assets for refurbishment, as well as private rental properties. We focus on vibrant neighbourhoods of the capital, and especially favour Chamberí and Salamanca, which feature beautiful architecture, green spaces and are well located close to the lively amenities that Madrid has to offer.