IP03

2017 / iberian.propery // 51

Lisbon South Bay

Resulting froma joint-effort by themunicipalities ofAlmada, Barreiro

and Seixal, Lisbon South Bay is the brand created by the firmBaía do

Tejo to internationallypromote the land and business parks itmanages

on Lisbon’s south bank. On this site, onlyminutes from the centre of

the Portuguese capital, several urban planning projects are planned

and/or underway, innovative industrial and leisure plans that promise

to improve the appearance of this strip of riverbank, and are attracting

growing interest from the community of international investors.

As well as disseminating information and attracting potential in-

vestors to the Cidade da Água project, Lisbon South Bay is also

committed to presenting and attracting corporations and investors

to the Baía do Tejo business parks in Barreiro and Seixal.

Aimed for different socioeconomic targets, each of these territories

offers real estate solutions adapted to different investor profiles,

and is equipped to accommodate every type of business: from

the entrepreneur who seeks a small office or coworking solution,

to major investors who need space to install industrial facilities.

The common denominator is the short distance to the centre

of Lisbon, approximately 20 minutes, as well as direct access

to motorways, a dedicated railway and, in the case of Barreiro,

dedicated port infrastructures.

Occupying 290 hectares, the Barreiro business park is set up in the

former Quimigal facilities, which belong to the group CUF, and is

equipped to accommodate logistics and services activities. The

Seixal business park is close by, extending across an area of 536

hectares and equipped to accommodate heavy industry operations.

Lisbon Water City closer to launch date

The Prime Minister also announced that approval will soon be given to

the decree-law that will finally give the green light to remove the land in

Margueira, Almada, frompublic domain. Thanks to this, the Cidade daÁgua

plansmay finallybe launched, whichmeans that investorswho have shown

interest in the project mayget ready to present their official proposals soon.

In one of the largest urban planning interventions under way in a Eu-

ropean capital, the area where the Lisnave shipyard used to operate in

Margueira will be completely transformed, creating a new urban centre

that will extend along 2 km of the riverfront.

With Lisbon and the Tagus River as a backdrop, this area measuring

53 hectares will enable the construction of more than 630.246 m² for

offices, retail, housing and tourism, using a marina and an intermodal

river terminal as its principal anchor projects.

Real estate development will be fully guaranteed by private capital,

and Baía do Tejo is working actively to promote this mega project inter-

nationally among numerous investors all over the world. A mission that

is already bearing fruit, as the company’s administration confirmed to

Iberian Property, adding that several formal expressions of interest have

already been received from major foreign investors.

Lisbon Water City