Portugal

The Tower Oeiras office building reaches 100% occupation in its flex spaces

The Tower Oeiras office building reaches 100% occupation in its flex spaces
The Tower, Lisbon office complex owned by Endutex.

The Tower has just reached a 100% occupancy rate in its flex office spaces. The building located in Oeiras and marketed exclusively by Savills, already has an occupancy rate of 75% of its traditional office spaces.

With 5,508 square meters above ground for offices, distributed over a total of 12 floors, the building offers 3 floors of flex solutions, which total 1,217 square meters.

The demand from companies for space of this type has increased significantly, the consultancy points out, and The Tower is an example of solutions that aim to meet the personalized criteria of their tenants.

Organizations such as Oeno, Abysse and Hi! Healthy Insurance are examples of tenants who already occupy flex-type units and recognize the building's high quality as the ideal place to develop their operations.

For the Endutex Group, which owns the building, "this project is not just a joint business center, we want the companies to feel they are part of a community and to be able to share ideas and businesses. This concept has made sense with Savills, which has helped us to attract companies with a lot of value in the market".

José Baptista, Offices Consultant at Savills, stresses that achieving a 100% occupancy rate for these spaces is proof of the growing demand for flex typology from companies. As The Tower is a building marketed exclusively by Savills, it is with great enthusiasm that we have set this target for a highly valuable asset, recognized by the majority of the Portuguese business community and beyond.

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