Bogaris invests €40M in a new retail project in Lisbon

Bogaris invests €40M in a new retail project in Lisbon
Lisbon aerial view

Bogaris continues its commitment to growth on the Iberian Peninsula with the launch of a new commercial project in the Portuguese capital. Located in Greater Lisbon, specifically in Alfragide-Oeiras, this is one of the commercial areas with the greatest potential on the peninsula.

The project will be carried out in a space of 40,000 square metres and will be the headquarters of Obramat's first shop in Portugal. In addition, significant urban improvements are included in the surrounding areas, such as the enlargement of the roundabout at Avenida Lurdes Pintassilgo and Rua Cincinato da Costa, as well as the remodelling of the Portela road. These actions aim to facilitate traffic and access to the new shopping centre.

With an estimated investment of 40 million euros, this venture is expected to generate 220 direct jobs. The initiative marks an important milestone for Obramat, strategically positioning itself in one of the most important commercial centres in Portugal. The necessary adaptation works for this project are currently underway in Lisbon.

Throughout its history, Bogaris has developed a variety of projects in Iberia, ranging from agriculture to commercial and industrial development. Javier Marín, director of Bogaris Retail, emphasises that the company has always focused on "generating added value in all its projects". For more than two decades, Bogaris has implemented a wide range of projects in Iberia, developing more than 1,600,000 square metres and generating close to 9,000 direct jobs.

Moreover, the Lisbon initiative is not the only collaboration between Bogaris and Obramat. Both companies are jointly involved in another commercial project in Cordoba, located on a 30,000 square metre plot in the Amargacena-La Torrecilla Industrial Estate. Here, Obramat will be the main operator in a building of more than 10,600 square metres, and this project is expected to be operational before next summer.

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