Foz Vintage invests €120M on the Portuguese World Trade Center

Foz Vintage invests €120M  on the Portuguese World Trade Center

World Trade Center in Lisbon

Expected to be ready by the end of 2021, this project developed by Foz Vintage «will meet the growing demand for corporate spaces adjusted to the newly emerging work concepts», mentioned the company in a release. Being «one of the largest office buildings in the country, the World Trade Center will connect the Portuguese capital to around 90 geographies across the world», added the same document.

Designed by architecture firm JQPV Arquitectos Associados, the Portuguese WTC has a total 70.000 sqm spread across two buildings with eight floors above the ground, external patios and rooftops, totalling 25.000 sqm in offices and 4.000 sqm in retail areas. It will also include a hotel with 127 rooms and around 800 underground parking spots and 200 outdoor parking spots, 10.000 sqm of green and leisure areas outside, including bicycle paths and gardens and a further 1.700 sqm dedicated to retail.

Cushman & Wakefield and Worx are the companies in charge of marketing the project.

Described as the «first and only project of its kind in Portugal», the World Trade Center bets on a «flexible, adaptable and evolutional space which will offer three great benefits: a business platform sustained in models which favour corporate success, a workplace oriented towards the future, technology and productivity and an environment which will favour a lifestyle focused on sustainability and well-being». These concerns towards the environment and people are highlighted by the attribution of the Lee Gold and Well Gold certifications, remarked the developers.

«At a time when many segments are retracting and impacting the Portuguese and the world’s economies, we are proud to launch a project with such potential on the market», promoting «technological innovation, workplace of the future and good mobility and sustainability practices», commented Vasco Fonseca, Foz Vilage’s COO.

Find the full news in Portuguese HERE.

Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!