Cushman & Wakefield has been exclusively appointed by Deka Immobilien to market the Báltico Building, located in Parque das Nações, Lisbon. The Báltico Building, currently undergoing extensive renovation, features 13 floors above ground and includes a commercial area with direct street access, totaling approximately 14,500 square meters. It offers efficient and flexible usable space to meet the diverse needs of potential occupants, with about 50 percent of its space already leased to an international pharmaceutical company occupying floors 8 to 13. Its prime location next to the Tagus River and proximity to the multimodal platform of Gare do Oriente make it an attractive option for companies seeking strategic and accessible office space.
Designed by the renowned architect Frederico Valsassina, the Báltico Building presents a distinct corporate image that reflects the unique touch of its author. The renovation aims to enhance the building's modernity and functionality, ensuring its compliance with the highest standards of contemporary office environments.
In addition to being appointed as the exclusive agent for marketing, Cushman & Wakefield's Project Development Services (PDS) team is overseeing the renovation to ensure the space meets the highest standards of contemporaneity, making it a “Grade A” asset in the Lisbon office market.
Pedro Salema Garção, Head of Office Agency at Cushman & Wakefield, states:
"The Báltico building stands out as a very important asset in the Lisbon office landscape, distinguished by its privileged location and the significant quality investment made by Deka. With flexible spaces and top-notch facilities, it represents a unique opportunity for companies to establish a strong corporate presence in Parque das Nações."
The offer in the area includes the Vasco da Gama Shopping Center and renowned companies such as A Padaria Portuguesa and the restaurant Guilty by Olivier, which "makes this area very dynamic, characterized by a strong mix of office, residential, and commercial spaces," comments Maria José Almeida, Associate and retail segment specialist at Cushman & Wakefield Portugal, adding that "the fact that the shops are an integral part of the building creates ideal conditions to attract good retail concepts that complement the offer in the area."
