Essential Business

Lisbon’s World Trade Centre opens in 2022

 In News, Offices

A new 25,000m2 office complex in Lisbon, under the World Trade Centre brand, will be ready to receive its first companies next year.

The company behind it, Foz Vintage, has invested €120 million in the new business and office centre which is located in Carnaxide.
Foz Vintage is a builder and developer that specialises in developing projects from housing and tourism developments to public buildings and schools.
The World Trade Centre comprises a number of buildings and is the first complex of its kind located along the Lisbon office corridor destined for offices, commerce and service provision.
It was developed to meet the needs of its users by satisfying the latest work trends and concepts by offering modern premium real estate with flexibility and digital technology.
The project was officially presented on Thursday with a site visit to the development by the Mayor of Oeiras, Isaltino Morais, who considers the project “fundamental for the development of Oeiras Valley where we want to create an environment that is attractive for companies and is an example that shows that despite the pandemic, the country hasn’t stopped.”
Morais also highlighted the importance of this type of project for the Lisbon Metropolitan Area as a whole and added that there was still a “lack of policy models that look at the region as a whole with an interdependence between the various municipal councils”.
The project has been designed by JQPV Arquitetos Associados and the concept rests of three main pillars: environment, technological innovation and people.
According to Foz Vintage, it aims to be a “flexible, adaptable and evolving space that will combine three main benefits: a business platform sustained on models that favour company success; a workplace for the future with technology and productivity in an environment that favours a lifestyle focused on lifestyle and wellbeing”.
The rental charges will be around €15-€16 per square metre and the offices will be marketed by C&W and Worx while CBRE will be responsible for its management.
The project will feature 4,000 m2 of commercial space including shops, restaurants and a gym, as well as a 1,700 stand alone retail space and a 127-room 4 or 5 star hotel whose operator has yet to be announced.


Read More