Madrid economic, cultural, industrial, educational, and technological centre on the European continent. Madrid lies on the southern Meseta Central, 60 km south of the Guadarrama mountain range and straddling the Jarama and Manzanares river sub-drainage basins, in the wider Tagus River catchment area. There is a considerable difference in altitude within city limits ranging from in the Manzanares riverbanks in the southeast of the municipality to above sea level in the highest part of the Fuencarral-El Pardo district. Over a quarter of the Madrid municipal area is covered by the largely forested protected area of El Pardo. Madrid has an inland
Ciudad Deportiva, Madrid against. The agreement between Real Madrid and the local government stipulated that in exchange for re-zoning the land Real Madrid would cede a portion of the land to the Government. Then, in public project bids, both Real Madrid and the Government sold their portions to four corporations, Repsol YPF, Mutua Automovilística de Madrid, Sacyr Vallehermoso and Obrascón Huarte Lain (OHL), for which Real Madrid earned an estimated 480 million euros. These four corporations are, as of August 2006, constructing four skyscrapers on the site which will become their headquarters as part of the Cuatro Torres Business Area. The government also