Portugal

Deloitte to occupy the entire Mutual building in Porto

Deloitte to occupy the entire Mutual building in Porto
Mutual building in Porto

Deloitte will occupy the whole of the Mutual building, which is being completely refurbished, with completion of the refurbishment work scheduled for the second quarter of 2025.

The audit and consultancy firm's new office in the city of Invicta will be over 10,000 square metres in size. Property consultants Cushman & Wakefield and CBRE advised on the leasing process for Deloitte's new office in Porto.

The Mutual - Campo Alegre Offices office building is being developed on Rua do Campo Alegre (Boavista's central business district) and is the result of the complete refurbishment of a 10,300 square metre services building spread over seven floors above ground.

In addition to its location and size, other amenities include more than 1,400 sqm of outdoor areas, changing rooms, 144 car parking spaces and a large rooftop with panoramic views over the Douro River and the Atlantic Ocean.

Work began at the end of 2023 and on completion, the building will hold various certifications, including LEED Gold and WELL Gold, underpinned by the project's focus on the health and well-being of users, as well as the ambition to reduce its ecological footprint by placing the ESG strategy at the centre of the intervention. As part of this, the building will include solar panels, charging points for electric vehicles and parking for bicycles, thus encouraging sustainable mobility solutions.

The Mutual represents a unique opportunity in the prime area of the city, in a location where the supply of grade A buildings is practically non-existent. With stunning views, the building is located in the centre of the city's business and social activity, which puts it in a totally exclusive position,’ says Maria João Pinto, senior consultant in Cushman & Wakefield's office department in Porto.

André Almada, Head of Offices at CBRE Portugal, said: ‘We are very proud to announce the full occupation of the Mutual building by a brand as strong as Deloitte. We have been involved in this project since its inception, namely advising Osborne+Co on the definition of the concept and product, with the aim of delivering the best and most differentiating experience to the building's future users.

According to Cláudia Bernardo, Partner and COO of Deloitte, ‘our move to the Mutual building in 2026 will fulfil a goal we have had for some time of having a reference space in the city of Porto, reinforcing our position in the northern region of the country and providing our people and clients with a unique space in terms of quality and functionality.

Fernando Caldas, Partner at Osborne+Co, said: ‘At Osborne+Co, we are all very excited to be collaborating with Deloitte on our first project in Portugal; a unique project in a unique city, which epitomises our commitment to offering world-class workspaces, creating a modern and generally integrated environment. The Mutual building's privileged location and LEED and WELL certifications reflect our ambition to provide an exceptional experience, uniting connectivity, comfort and environmental responsibility for occupants.

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