Planifica Madrid has resumed updating its online agenda after a four-month hiatus, following public scrutiny of the lack of transparency surrounding its recent real estate operations. The move came just hours after media coverage highlighted the absence of recorded activities since late March, around the time the company bought a luxury penthouse in Chamberí.
Until March, the public company’s calendar detailed meetings and visits, along with project updates and minor events such as collecting Christmas hampers. From April onward, when Planifica Madrid acquired the penthouse for €6.3 million, no new entries appeared. The agenda’s earlier description put the property at 485 square metres; documentation for the later public sale identified it as 481 square metres. The ninth-floor property is on Paseo del General Martínez Campos. Its reported cadastral breakdown lists 382 square metres of residential space and 99 square metres of common elements.
On Friday, the agenda began filling up again, as events from April and May were gradually added. The most impressive entry is a brief note for April 14: “FIRMA NOTARIA. 14:00. EXTERNA.” It falls in the month of the purchase and gives only a time and a vague location on Calle de Alcalá, with no participants or further details. Before the update, the last recorded activity was on March 26, with no mention of the penthouse transaction or related board decisions.
Most newly added events involve meetings with Madrid regional authorities and local mayors, as well as company meetings, site visits and training sessions. The penthouse deal stands out against that level of detail. Previous property acquisitions, including the 2025 purchase of poet Vicente Aleixandre’s former home, were documented in the agenda and budgeted. The Chamberí penthouse, by contrast, was absent from Planifica Madrid’s official 2026 budget, and no special budget modification was approved.
The agenda’s sudden update followed questions from journalists to the regional government’s spokesperson, which initially went unanswered. Launched in July 2023, the company’s online calendar had grown more detailed over time, making the recent gap conspicuous. The absence of an agenda entry identifying the penthouse purchase, including who authorized it and the reasoning behind the transaction, has intensified scrutiny of the company’s governance.
Madrid regional president Isabel Díaz Ayuso has referred questions about the penthouse to Presidency Councillor Miguel Ángel García Martín. The property was later offered for sale at €6,694,201 plus taxes, €394,201, or about 6.3%, above its reported €6.3 million acquisition price, before taxes and transaction costs. The first public sale process and a subsequent attempt both ended without a buyer.
The second offer period closed at 23:59 on October 21, 2026. Regional procurement documentation, as reported by Madridiario, set out a process allowing the technical committee to continue the offer in successive 15-day periods when no bid was received. After the second failure, the committee kept the property on the market indefinitely at the same asking price. Planifica Madrid’s unsuccessful sale process so left the penthouse in public ownership, with no proceeds from a sale.
The PSOE has announced plans to take the matter to the Economic Crimes Prosecutor, alleging possible administrative misconduct and misappropriation of funds by Planifica Madrid’s board. The episode has drawn comparisons with the company’s previous real estate operations, which were typically transparent and rare. For example, the 2025 sale of a building on Calle de Santa Catalina was fully documented, unlike the Chamberí penthouse. The controversy has fueled debate over public spending and transparency in Madrid’s regional administration. For further background on the penthouse acquisition and the political debate it sparked, see the detailed coverage in this recent report on the Chamberí office deal.
Planifica Madrid’s agenda gap and the partial restoration of records that followed have raised concerns about the management of public companies in Spain. The case has renewed debate over transparency in public asset transactions involving impressive sums and high-profile properties, as scrutiny focuses on the records surrounding the purchase and the ongoing effort to sell the penthouse.
