Repsol set to invest EUR 300 mln in Madrid HQ

Oil company Repsol will invest about EUR 300 mln in an industrial estate in Madrid which will house its new headquarters, Spanish national newspaper El Pais reported, without disclosing the source of its information. The oil and gas company has acquired a 30,000 m[sup]2[/sup] plot of land from its affiliate Compania Logística de Hidrocarburos (CLH) to develop a business park comprising six to eight buildings in the Spanish capital for an undisclosed amount.

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