Agbar Tower

726622_79537829The iconic skyscraper in Barcelona, Toree Agbar, designed by Jean Nouvel is due to be acquired by Hyatt hotels.

The hotel group is planning to convert the tower into a luxury hotel under its Gran Hyatt brand with an estimated investment of 35 million euros.

Emin Capital, the company acquiring the building is set to pay between 150 and 250 million euros for the masterpiece.

Sources close to the transaction suggest that the building could attract 1.5 million visitors a year.