Savills News

The Tower registers 100% occupancy in its flex office spaces

The asset, marketed exclusively by Savills, has already 75% of occupancy of its traditional office space

Located in Oeiras and marketed exclusively by Savills, The Tower building has just achieved a 100% occupancy rate in its flex office spaces.

With 5,508 sq m above ground for offices, and spread over a total of 12 floors, the building offers 3 floors of flex solutions totalling 1,217 sq m.

With the new paradigm in the office market, the demand from companies for this type of space has increased significantly, and The Tower is an example of solutions that aim to meet the personalised criteria of its tenants. Organisations such as Oeno, Abysse and Hi! Healthy Insurance are examples of tenants who already occupy flex-type units and recognise the building’s high quality as the ideal place to develop their operations. 

Located next to the Oeiras Parque shopping centre, the asset is close to the main accesses to the A5 motorway, which gives it a privileged location.

For the Endutex Group: “This project is not just a shared business centre, we want the companies installed to feel like part of a community and to be able to share ideas and business. This concept has made sense with Savills, which has helped us attract companies with a lot of value in the market.”

José Baptista, Offices Consultant at Savills, points out: “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 reached this target in a highly prestigious asset, recognised by the majority of the Portuguese business community and beyond.” 

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