GA_P advises ING on the opening of its new flagship in Madrid

Gómez-Acebo & Pombo has advised ING on the formalisation of a turnkey lease agreement for its first flagship office in Spain, which is set to open in 2026 at number 2 Paseo de la Castellana, Madrid, in the building that formerly housed Banco Madrid’s headquarters.

The space, owned by Inbest GPF Socimi, will cover more than 1,800 m² across three floors and a terrace, and will become ING’s reference point in Spain. The flagship will initially have a team of 15 professionals to serve retail, corporate, and investment banking clients, and will play a key role in developing new business areas for the bank, such as private banking and SME banking.

ING’s aim with this flagship is to provide a closer, more personalised service to its clients, breaking away from the traditional bank branch concept and creating spaces for engaging with new clients, hosting presentations, and running multidisciplinary activities.

The GA_P team included Natalia Lastres, Real Estate Counsel; Iván Escribano, Tax Associate; and Álvaro Obregón, Urban Planning Associate.

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