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Telefonica Mulls Sale of Former Madrid HQ, Bloomberg Says, Citing Sources

Provided by Dow Jones Sep 2, 2025, 12:03:00 PM

--Telefonica is considering the sale of its former headquarters in Madrid after an unsolicited approach for the asset, Bloomberg reports, citing unnamed sources.

--The Spanish telecommunications company has held internal discussions over opening a sale process for the building, which could have a value of between 250 million to 300 million euros ($292.8 million-$351.3 million), Bloomberg says. However, no decision has been taken yet, it adds.

--A spokesperson for Telefonica declined to comment, Bloomberg reports.

Full story: https://tinyurl.com/3wedfh2d

Write to Najat Kantouar at najat.kantouar@wsj.com

(END) Dow Jones Newswires

September 02, 2025 08:03 ET (12:03 GMT)

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