Torre Cepsa

{{Short description|Skyscraper located in the Cuatro Torres Business Area in Madrid, Spain}}

{{redirect|Torre Repsol|the building in Buenos Aires, Argentina|Repsol-YPF tower}}

{{Infobox building

| name = Torre Cepsa

| image = Torre Cepsa (Madrid) 01.jpg

| image_size = 240px

| caption = Torre Cepsa in October 2017.

| former_names = Torre Repsol, Torre Caja Madrid, Torre Bankia

| location = Pº de la Castellana 259, CTBA, Madrid, Spain

| coordinates = {{coord|40|28|32|N|3|41|16|W|region:ES-M|display=inline,title}}

| status =

| start_date = 8 October 2004

| completion_date = 2008

| opening =

| building_type = Office

| antenna_spire =

| roof = {{convert|248.3|m|ft|abbr=on}}

| top_floor =

| floor_count = 45

| elevator_count =

| cost =

| floor_area = {{convert|107,966|sqm|abbr=on}}{{cite web|title=Torre Cepsa|url=http://www.skyscrapercenter.com/building/torre-cepsa/878|website=Skyscraper Center|publisher=CTBUH|accessdate=2 October 2017}}

| architect = Norman Foster

| structural_engineer= Halvorson and Partners Gilsanz Murray Steficek LLP Engineers and Architects

| main_contractor = FCC and Dragados

| developer = Repsol YPF

| owner = Amancio Ortega

| management = Gerens Hill[http://www.hillintl.com/?fa=market&marketSidebarId=41&show=fp Hill International]

| references ={{ctbuh|878}}

|website = {{URL|https://www.fosterandpartners.com/projects/torre-cepsa}}

}}

The Torre Cepsa (renamed in June 2014, before was Torre Bankia) ({{langx|en|Cepsa Tower}}) is a skyscraper located in the Cuatro Torres Business Area in Madrid, Spain. With a height of {{convert|248.3|m|ft|abbr=on}} and 45 floors,{{Cite web|title = El techo de España... por un metro|url = http://www.abc.es/local-madrid/20130729/abci-torre-cristal-techo-espana-201307281803.html|website = ABC.es|access-date = 2016-01-28|first = Miguel|last = Oliver|date = July 30, 2013|language = es|trans-title = Spain's roof... by just one meter}} it is the second tallest of the four buildings in the Cuatro Torres Business Area complex, surpassed by Torre de Cristal by less than a metre. It is the second tallest building in Spain and the 5th tallest building in the European Union.

Designed by Lord Foster, it was first known as Torre Repsol and would have served as headquarters for Repsol YPF oil and gas company. During the construction of the tower, Repsol decided to change the location of its future headquarters and the financial institution Caja Madrid purchased the building for €815 million in August 2007.[http://www.expansion.com/edicion/exp/empresas/construccion/es/desarrollo/1021814.html Expansión.com: Caja Madrid purchase Torre Caja Madrid]. (Spanish)

In 2016 it was bought by Amancio Ortega, Europe's richest man and founder of global fashion group and Zara owner Inditex (ITX.MC), for €490 million euros{{Cite web|last=Ruiz|first=Alfonso Simón|date=2016-09-30|title=Amancio Ortega, nuevo dueño de Torre Cepsa|url=https://cincodias.elpais.com/cincodias/2016/09/30/empresas/1475250089_024587.html|access-date=2020-08-18|website=Cinco Días|language=es}} through his property investment arm, Pontegadea Inmobiliaria, one of the biggest property companies in Spain. He purchased the tower from Abu Dhabi tycoon Khadem al-Qubaisi, whose fund had exercised a last-minute purchase option from Spanish lender Bankia (BKIA.MC), its previous owner.{{cite news | url=https://www.reuters.com/article/us-spain-ortega-idUSKCN12137K | title=Zara owner Ortega buys $550 million Madrid skyscraper | newspaper=Reuters | date=October 2016 }}

It was built by a joint venture of Dragados and Fomento de Construcciones y Contratas.[http://en.structurae.de/structures/data/index.cfm?ID=s0024336 Structurae database]

The current name of the tower refers to the former name of the energy company Moeve, previously known as Cepsa, headquartered in the tower.