Madrid's trophy roster is anchored by Torre Caleido (Cuatro Torres), Torre Picasso, Torre PwC.

  • Torre Caleido (Cuatro Torres) — Cuatro Torres, 2021.
  • Torre Picasso — AZCA / Castellana, 1989.
  • Torre PwC — Cuatro Torres, 2008.

Madrid notable Class A buildings

Madrid's trophy roster is anchored by Torre Caleido (Cuatro Torres), Torre Picasso, Torre PwC.

TL;DR

  • Torre Caleido (Cuatro Torres) — Cuatro Torres, 2021.
  • Torre Picasso — AZCA / Castellana, 1989.
  • Torre PwC — Cuatro Torres, 2008.

Trophy roster

**Torre Caleido (Cuatro Torres)** (Cuatro Torres) — 36 floors, ~750k sqft, completed 2021. **Torre Picasso** (AZCA / Castellana) — 45 floors, ~820k sqft, completed 1989. **Torre PwC** (Cuatro Torres) — 52 floors, ~800k sqft, completed 2008.

Key facts

cityMadrid
countrySpain
regionEMEA
classARentLocal38 EUR/sqft/yr
classARentUsd$42/sqft/yr
vacancy8.6%
typicalLeaseYears7
typicalRentFreeMonths14
submarkets5
primeYieldPct4.6%
trophyBuildings3

Frequently asked questions

Which is the most prestigious Class A building in Madrid?
Torre Caleido (Cuatro Torres) is the most-cited trophy benchmark in the Madrid market.

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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