Portugal

Portuguese property developer Blue Tagus acquires mixed-use site in Oeiras

Portuguese property developer Blue Tagus acquires mixed-use site in Oeiras

Blue Tagus, in a joint venture with an international Family Office, has announced the acquisition of a mixed-use site of over 80,000 sqm, located next to the World Trade Centre in Oeiras. This space, located in a highly visible area close to the A5, is at the start of a redevelopment process and promises to be a major asset in the revitalisation of the Carnaxide-Miraflores axis.

Project with potential for retail, office space and services

The project envisages the creation of an area that will integrate housing and economic activities, offering opportunities for investors and companies. The commercial component will be ideal for the development of retail space, offices and services, in a strategic location for those looking to grow on the Lisbon-Oeiras business axis.

"As part of our investment and asset management strategy, we are committed to developing an innovative concept that not only serves the local community, but also promotes economic activity," said Katja Pazelskaya, Partner at Blue Tagus.

"Our aim is to create a vibrant and sustainable space that becomes part of Oeiras‘ long success story, improving the quality of life for residents and supporting the local economy," she added.

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