The project is being developed by MRP International, premier international developer of commercial properties; Even, one of the largest listed Brazilian developers and Salamanca Capital, London based merchant bankers, with branding partner The Trump Organization.
Located in the port region of the City, Trump Towers Rio will be constructed on a land plot of 32,000 sq m on one of the main arteries in the center of Rio de Janeiro – Avenida Francisco Bicalho. The completed development will comprise five 150 meter high skyscrapers with 38 floors, 322,000 sq m of office space and total built area of about 450,000 sq m. The first phase scheduled for completion in 2016 will comprise two towers each with a gross leasable area of 55,000 sq m.
The project was launched in December 2012 with the support of the City Hall and State and Federal Governments. The office project is being marketed by international property consultants Cushman & Wakefield.
Stefan Ivanov, CEO of MRP International in Brazil explained: “Trump Towers Rio will certainly be the nucleus of Porto Maravilha which will become the new and dynamic central business district of Rio de Janeiro. The unrivalled qualities of Trump Towers Rio including its innovative design, large scale and internationally recognized Trump brand, will appeal to leading domestic and international organizations who are looking to secure world class office space in a landmark building at the centre of this rapidly growing economy. We are delighted to have Cushman & Wakefield on board as leasing agents as we believe they have the breadth of expertise and global reach needed for a leasing project of this scale and significance.”
“Brazil is an extremely important market for us and one that I have been looking forward to entering into. I believe that with the demand for the Trump brand coupled with the unparalleled location and highly advanced design, there will be nothing like this in Brazil and beyond”, says Donald Trump.
Peter Victor, Head of the International Desk in London at Cushman & Wakefield, said: “Trump Towers Rio will soon be known as the top corporate address in Brazil. MRP has brought together three key ingredients for success: a prime location in the heart of the city, world class design incorporating all the office tower characteristics sought after by international corporate occupiers and the Trump brand, one of the most well respected world-wide. We are delighted to be involved and look forward to helping ensure the success of this spectacular project.”