Portugal

Spanish law firm Pérez-Llorca expands its operations and rents an office building in Lisbon

Spanish law firm Pérez-Llorca expands its operations and rents an office building in Lisbon
Office building Barata Salgueiro 21, Lisbon

Savills has placed the Pérez-Llorca law firm in the Barata Salgueiro 21 building, an asset located in the prime area of the Portuguese capital owned by property curator Primosfera. The Spanish company will occupy the entire building, which has been completely refurbished in a project designed by Manuel Aires Mateus, one of Portugal's most renowned architects, in partnership with Primosfera.

Located next to Avenida da Liberdade in Lisbon, number 21 Rua Barata Salgueiro consists of five office floors and two retail floors, with a total area of 2,422 sqm, two retail spaces and 22 car parking spaces.

Gonçalo Capela Godinho, Partner, Pérez-Llorca, emphasises: "The Barata Salgueiro 21 building is the ideal location we were looking for to start our project in Lisbon. Situated in a prime area of the city, like our other offices in Madrid, Barcelona, London, New York, Brussels and Singapore, this property will gradually house the team we are building in the Portuguese capital and which will practise law in the country. Savills' support at the start of this project was fundamental to its success."

Frederico Leitão de Sousa, Head of Offices at Savills Portugal, said: "Through this operation Savills has achieved full occupancy of the prestigious Barata Salgueiro 21 building, including its prime commercial spaces. The asset, which has a distinctive and above-average position in the market, is the ideal space to house the headquarters of a large company like Pérez-Llorca in Lisbon. This achievement also reinforces Savills' experience in identifying AAA tenants for prime real estate assets, creating opportunities for growth and success. Achieving 100 per cent occupancy a month after they entrusted us with the mandate makes us very proud."

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