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Cushman & Wakefield leases retail units in the new Opera Lx building in Lisbon

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C&W has been nominated by AM48 as sole agent for the leasing of the stores of the Ópera Lx building, located in Lisbon.

This emblematic 19th-century building will be completely refurbished, whilst maintaining its original architectonic style. The Ópera Lx is located on Avenida da Liberdade, the most prestigious avenue of the Portuguese capital and it will have both a residential and retail use. The property has three units with areas ranging from 70 up to 400 sq m, with different layouts. Two of the shops face the avenue and the third one faces Rua Rodrigues Sampaio, a parallel street to Avenida da Liberdade.

Avenida da Liberdade is the most sought after location for leading international brands in the luxury segment and is amongst the most glamorous shopping streets in the world. Brands like Gucci, Cartier, Michael Kors, Prada, Miu Miu, Emporio Armani, Hugo Boss and Ermenegildo Zegna, amongst many others, can be found there.

Since 1990s, Cushman & Wakefield has been responsible for placing several international brands on Avenida da Liberdade. Recent deals include Cartier, Aristocrazy and Michael Kors.

Sandra Campos, Partner and Head of Cushman & Wakefield Lisbon’s Retail Department, “the growing demand for a prime location on the Avenue will definitively mark the leasing of another iconic building in the city, completion of which is forecasted for the end of the year.”