Emperador Properties, the private real estate investment company of Filipino tycoon Dr. Andrew L. Tan, has acquired 100 percent ownership of the mixed-use urban complex Caleido, located within the Cinco Torres business district in Madrid, Spain.
“Caleido was conceived with a clear objective—to create an attractive, accessible, sustainable, and comfortable urban environment that allows the revitalization of the northern area of Madrid through a unique concept,” says Jorge Domeca, chief executive officer, Emperador Properties.
Attracting more than 5 million visits last year, Caleido covers a total area of 138,000 sqm, which includes a healthcare facility managed by Olympia Grupo Quirónsalud and a dedicated retail area. The development is also home to the lE University, ranked as one of the top 10 universities worldwide at the QS World University Rankings 2025, as well as 35,000 sqm of lush parks, curated gardens, and green open spaces that serve as the lungs of the modern business district.
A model for sustainability, innovation, and design in Madrid, Caleido has become a popular destination for families and a prominent stop for tourists in the city as it serves more than one million people within its surrounding area. It has also become an important location for about 20,000 employees within the Cinco Torres District and 8,000 employees at the La Paz University Hospital, as well as 5,000 students from IE University.
Caleido’s premier roster of commercial tenants includes major brands such as Scalpers, Ecoalf, Mango La Máquina, Ornella, and The Dalmore, among others. Aside from essential and wellness services, the development also provides a variety of culinary offerings with first-class operators and diverse leisure and entertainment options.
Aside from Caleido, Emperador Properties also owns two more top-notch development assets in Spain: the 57-storey Torre Emperador Castellana, also in Madrid, and the 23-storey Torre Diagonal One in Barcelona. The company’s total assets are currently valued at more than €1 billion.
In 2022, Emperador Properties achieved a historic milestone after becoming the first and only Filipino company listed in the Spanish stock exchange. It is a family office of Filipino origin, which focuses on the acquisition and management of prime real estate, especially office rental and retail. Its assets stand out for their representativeness, their management, and their services, aimed at meeting the expectations and needs of their customers. Its portfolio of assets includes Torre Emperador Castellana and Caleido in Madrid and Torre Diagonal On 1 Barcelona.
Know more about Emperador Properties and its portfolio of real estate developments in Spain by visiting www.emperadorpropertiessocimi.com.
