Argis Acquires Torre Sevilla for €132 Million

Seville, Spain – January 2026 – Argis, a leading Spanish real estate investment manager, has officially agreed to acquire Torre Sevilla, a landmark mixed-use complex in southern Spain, from CaixaBank for €132 million. This acquisition significantly expands Argis’s tertiary real estate portfolio, growing it from 20,000 m² to 120,000 m², and reinforces the firm’s strategy of investing in high-quality, income-generating assets in prime urban locations.

Designed by renowned Argentine architect César Pelli and inaugurated in 2018, Torre Sevilla stands as the tallest building in Andalusia, rising 185 meters over 39 floors. The building integrates a mix of offices, hotel, retail, and urban spaces, with a current occupancy rate above 95%.

The office component spans the first 18 floors with 31,090 m², housing top-tier tenants including Ayesa, Cuatrecasas, Orange, Deloitte, NTT Data, EY, Hays, and Sandfire (Matsa). The upper floors feature the Eurostars Torre Sevilla, a 5-star hotel with 244 rooms covering 25,446 m², operated by Hotusa, while a 26,700 m² shopping center and 42,300 m² built area complete the mixed-use offering. Additional features include a three-level underground parking with 2,900 car spaces, 200 motorcycle spaces, and 40,000 m² of landscaped green areas designed by Vázquez Consuegra.

The deal was highly competitive. While businessman Tomás Olivo, owner of nearly 10% of Unicaja and multiple commercial centers, offered €130 million, he ultimately withdrew. The Fundación Cajasol also expressed interest but joined the process too late to compete effectively. Notably, the acquisition excludes the CaixaForum Sevilla, which will remain under CaixaBank’s ownership.

Alejandro Schuvaks, founder of Argis, stated:
«The acquisition of Torre Sevilla marks a key milestone for Argis, fully aligned with our strategy of investing in landmark assets with strong fundamentals. It also strengthens our office platform and diversifies our portfolio with high-quality retail and hotel components.»

Founded in 2015, Argis currently manages over €1.3 billion in assets, with a focus on prime urban properties across Spain. Recent acquisitions include 1,000 homes from Acciona for €324 million, the former Manpower headquarters in Madrid, and the former Johnson & Johnson site for residential development.

Located on the former Expo 92 grounds, Torre Sevilla is a centerpiece of Seville’s northern innovation corridor, blending historical urban transformation with contemporary mixed-use development. Its acquisition underlines Argis’s ambition to lead the market in high-profile, fully stabilized real estate assets.

About Argis
Argis is a Spanish integrated capital management firm specializing in real estate investments. Since its inception, Argis has built a diversified portfolio across offices, retail, and residential projects, backed by institutional investors and family offices from Spain, Israel, the U.S., and Latin America.