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We host the presentation of the AZCA redevelopment project at our Ruiz Picasso 11 building

Today, at our building at Ruiz Picasso 11, we hosted the presentation of the AZCA redevelopment project, a decisive step towards the transformation of one of Madrid’s major urban spaces, which will begin in the first half of 2027.

As owners and active participants, we reaffirm our commitment through this collaboration agreement between the City Council, businesses, residents and local shops, which will usher in a new era with the AZCA redevelopment creating a more sustainable, accessible and safer environment.

During the event, the Mayor of Madrid, José Luis Martínez-Almeida, highlighted the strategic importance of the project, noting that it represents “a historic milestone” in ensuring “the transformation and regeneration of a prime location in the very heart of the city of Madrid”.

Presentation of the AZCA redevelopment project in Madrid, hosted by MERLIN Properties at its Ruiz Picasso 11 building. AZCA urban regeneration project in Madrid, aimed at creating a more sustainable, accessible and safer urban space. Presentation of the AZCA redevelopment in Madrid, a collaborative project involving the City Council, businesses, residents and local retailers.