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Astrazeneca Gives a New Life to the Estel Building in Barcelona and Adds a New Floor as a Tenant

Summary by El Pais
The multinational pharmaceutical company has opened its innovation centre in the emblematic old headquarters of Telefónica, which has been unemployed for a decade.

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The multinational pharmaceutical company has opened its innovation centre in the emblematic old headquarters of Telefónica, which has been unemployed for a decade.

·Spain
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The business complex expands its space occupied above 10,900 m2 and reinforces its attractiveness thanks to modern offices and a strategic location.

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The hub aims to be an innovation model that accelerates the development of new treatments in the medical field.

The pharmaceutical multinational plans to invest 1.3 billion euros in its new center until 2027

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El Pais broke the news in Spain on Monday, November 3, 2025.
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