PER Gestora is the sole manager of Torre PicassoGrupo FCC
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1970
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La Castellana Shopping Center was born as a consequence of the high demand of the Northern part of Madrid. This place joins a residential area, a commercial area and an offices area. So, that is the origin of the block that includes Raimundo Fernández Villaverde Street, Orense, General Perón and Castellana area ( the Commercial Zone named AZCA)

The Planning and Coordination Commission of the Madrid Metropolitan Area approved in 1966 the Partial Plan by means of an International Contest. The rebreaking up of the area was approved in 1975.

Unión de Explosivos Río Tinto, S.A., owner of the A-1 plot of the area, awarded the construction of the highest office building to Minoru Yamakasi ( 1912-1986) with the colaboration of architects, Jorge Mir Valls and Rafael Coll Pujol. That was done by an international competition. Yamakasi is an North American architect with Japanese origins; he got the license for the construction in 1980.

The construction started at the end of 1982 and, after different vicisitudes, in 1985 the new owners, Portland Valderrivas S.A. and Inmobiliaria Asón S.A., relaunched the works. Its construction was commissioned to Construcciones y Contratas S.A (currently named Fomento de Construcciones y Contratas S.A.) and under the direction of architect Fernando Alas. The tower was inaugurated in December 1988. The follow up of the works was performed by PER Gestora Inmobiliaria, the current administrator of the building.