The Torre Cepsa (renamed in June 2014, before was Torre Bankia)( en, Cepsa Tower) is a

skyscraper A skyscraper is a tall continuously habitable building having multiple floors. Modern sources currently define skyscrapers as being at least or in height, though there is no universally accepted definition. Skyscrapers are very tall high-ris ...

located in the

Cuatro Torres Business Area Área de negocios de Cuatro Torres (ANCA or CTBA), Spanish for "Four Towers Business Area", is a business district located in the Paseo de la Castellana in Madrid, Spain, on the former Ciudad Deportiva of Real Madrid. The area contains the fou ...

Madrid Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), and ...

Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , i ...

. With a height of and 45 floors, it is the second tallest of the four buildings in the Cuatro Torres Business Area complex, surpassed by

Torre de Cristal The Torre de Cristal ( Spanish for Glass Tower) is a skyscraper in the Cuatro Torres Business Area (CTBA) in Madrid, Spain, completed in 2008. With a final height of , it surpassed Torre Emperador as the tallest building in Spain, and is the ...

by less than a metre. It is the second tallest building in Spain and the 4th tallest building in the European Union. Designed by

Lord Foster Lord is an appellation for a person or deity who has authority, control, or power over others, acting as a master, chief, or ruler. The appellation can also denote certain persons who hold a title of the peerage in the United Kingdom, or are ...

, it was first known as Torre Repsol and would have served as headquarters for

Repsol YPF Repsol S.A.
El Nuevo Herald, 2012-05-31Originally an init ...

oil and gas company. During the construction of the tower, Repsol decided to change the location of its future headquarters and the financial institution

Caja Madrid Caja Madrid, formally the Caja de Ahorros y Monte de Piedad de Madrid, headquartered in Madrid,Inicio
." C ...

purchased the building for

€ The euro sign () is the currency sign used for the euro, the official currency of the eurozone and unilaterally adopted by Kosovo and Montenegro. The design was presented to the public by the European Commission on 12 December 1996. It consists o ...

815 million in August 2007. In 2016 it was bought by

Amancio Ortega Amancio Ortega Gaona (; born 28 March 1936) is a Spanish billionaire businessman. He is the founder and former chairman of Inditex fashion group, best known for its chain of Zara and Bershka clothing and accessories shops. As of November 202 ...

, Europe's richest man and founder of global fashion group and Zara owner Inditex (ITX.MC), for €490 million euros through his property investment arm, Pontegadea Inmobiliaria, one of the biggest property companies in Spain. He purchased the tower from Abu Dhabi tycoon

Khadem al-Qubaisi Khadem Abdullah al-Qubaisi ( ar, خادم عبد الله القبيسي; born September 27, 1971) is an Emirati businessman and the former managing director of the International Petroleum Investment Company (IPIC). In 2015, he was replaced as ...

, whose fund had exercised a last-minute purchase option from Spanish lender Bankia (BKIA.MC), its previous owner. It was built by a joint venture of

Dragados ACS, Actividades de Construcción y Servicios, S.A. () is a Spanish company dedicated to civil and engineering construction, all types services and telecommunications. It is one of the leading construction companies in the world, with projects i ...

and

Fomento de Construcciones y Contratas Fomento de Construcciones y Contratas, S.A. (), or FCC, is a Spanish construction company based in Barcelona. Until November 2014, over 50 percent of the shares were owned by a company controlled by the daughter of its founder, Esther Koplo ...

.Structurae database
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Gallery

File:Torre Caja Madrid (CTBA) 03.jpg, ''Torre Caja Madrid'' under construction File:Torre Repsol en Madrid2.pav.jpg

References

External links

Fosters and Partners official site

Halvorson and Partners Structural Engineers official site
{{DEFAULTSORT:Cepsa, Torre Foster and Partners buildings Office buildings completed in 2008 Skyscraper office buildings in Madrid Modernist architecture in Madrid t

Gallery

See also

References

External links