Bedrock Capital invests €125m in Lisbon office development

Lisbon-based investment and asset manager Bedrock Capital Partners is investing €125 mln into two office buildings overlooking the Tejo river in Lisbon.


With a gross construction area above ground of 39,000 m2, the Alcântara Lisbon Offices (Allo) consists of two buildings, each with seven floors above ground and four basement floors, totalling 681 parking spaces.

The two buildings communicate with each other at ground level through a central square, where green areas predominate, promoting interaction between users and a sense of community.

The common infrastructures include a multipurpose room (for cocktails, meetings, yoga, etc.), changing rooms, parking with electric chargers and places for light mobility vehicles (bicycles and scooters), as well as a restaurant with a terrace in the central square and a rooftop for the exclusive use of each building.

André Gomes de Sousa, executive partner at Bedrock Capital Partners, says: ‘The buildings were designed to ensure the well-being of people in their workplace, investing in best practices and technologies, being prepared to meet the new challenges posed by new working models. The solutions implemented in Allo offer a distinctive experience to the teams, which contributes to promote creativity, innovation and cooperation.’

The Alves Ribeiro/HCI consortium is responsible for the construction work, due to be completed by the end of the year, with the first tenants moving in in 2023.

Consulting firm EY that will occupy 8,500 m2 across four floors of one of the buildings, which will house 1,400 employees in the capital.

CBRE and JLL are responsible for marketing the development.


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