Madrid, December 23 – Stoneweg, a prominent real estate investment firm, announced today the successful acquisition of one of the prestigious Skyline Towers in Madrid. The transaction involved purchasing the tower from Bext Space Holding, a joint venture between Stoneweg and M&G Investments. This strategic move significantly bolsters Stoneweg’s direct presence in Madrid’s high-quality living sector, aligning with its strategy to develop and manage premium residential products in key urban locations.
Stoneweg Reinforces Its Iconic Asset Portfolio
The acquired tower is a key component of the landmark Skyline residential project, a development that has emerged as an architectural benchmark in northern Madrid. It features 300 modern apartments, offering a mix of 1, 2, and 3 bedrooms. This acquisition allows Stoneweg to solidify its position in a well-established, high-quality asset, further advancing its commitment to strategic urban living developments.
Meanwhile, Bext Space Holding continues its divestment program for 2025. This latest sale follows the successful disposal of Bext Vallecas to GMP in May and, more recently, the sale of Bext Valdebebas to BGO. The latter transaction marked BGO’s entry into the Flex Living segment in Spain, with Madrid serving as its initial investment market.
Skyline: A Landmark in Tetuán’s Urban Transformation
The Skyline project is a distinctive residential complex situated on Paseo de la Dirección, within the Tetuán district. This area is currently undergoing a significant process of urban transformation and regeneration. The complex comprises two towers, each nearly 100 meters tall, known for their successful development and strong urban identity. Notably, the second tower in the complex has already been fully sold, underscoring the project’s commercial success and widespread appeal.
Stoneweg has been intimately involved in the Skyline project since its inception in 2018, managing its development from the conceptual phase. Over the years, the company has played a pivotal role in driving the transformation of the surrounding environment, establishing Skyline as a leading architectural and residential landmark in Madrid.
Premium Amenities for a Modern Urban Lifestyle
The newly acquired tower offers residents an extensive array of amenities designed to support a comfortable, connected, and modern urban lifestyle. These include a communal swimming pool and landscaped gardens, a panoramic rooftop pool with a solarium and lounge area, and a rooftop boasting expansive city views. Additional facilities comprise a fully equipped gym, a dedicated coworking space, a sauna, and 24-hour concierge service, ensuring convenience and luxury for all residents.
Skyline has played a crucial role in the revitalization of the Tetuán district, adding significant architectural value, introducing new services, and fostering greater economic dynamism. The project exemplifies a contemporary urban model that is vertical, sustainable, and highly connected, solidifying its reputation as a benchmark for high-quality residential development in Madrid.
