Testa appoints C&W, JLL to market SYV tower in Madrid

Sacyr Vallehermoso (SyV)'s real estate subsidiary Testa has appointed Cushman & Wakefield and Jones Lang LaSalle to market the office space within the 236 metre high skyscraper it is developing in Madrid's Four Towers Business Area (CTBA). Sacyr is carrying out the work on the tower which will feature a five-star hotel occupying 31 floors and 21,400 m² of office space distributed across 17 floors. Testa is the owner and the manager of the scheme, which has been designed by the architectural studio of Enrique Álvarez-Sala and Carlos Rubio Carvajal.

The tower will also include 500 parking spaces, a 1,800 m² auditorium with capacity for 800 people, restaurants, spa, and meeting rooms. The skyscraper is located directly on the Paseo de la Castellana in the heart of the Madrid Business Area, the new business hotspot in the north of the city. 'The SyV Tower is one the of emblems of Madrid's future as a city of business and the only building in the capital city to combine a five-star, luxury hotel with 21,000 m² of office space', said Javier Zarrabeitia, general manager of Testa.