Cushman & Wakefield has been instructeds on an exclusive basis for the leasing and sale of the building Malhoa 22, located on Avenida José Malhoa in Lisbon.
Malhoa 22 is an emblematic building in the characteristic style of the architect Mario Sua Kay and totals more than 7,000 m2 of gross floor area. This office building has areas for retail and services, an auditorium, coffee shop, storage facilities and a large underground car park.
Located in one of the capital's main office streets, between the Praça de Espanha and Sete Rios, and it has close access to the North-South Axis, the 2nd Ring Road and motorways A1, A2 and A5. Besides the excellent location, the building has high visibility, providing an impressive image and specifications such as a double direct access lobby, glazed facade, terrace of 280 m2 on the 6th floor and highly flexible, open space office areas.
Under the contents of the sale, also include an adjoining plot of land with an area of 1,700msq offering a capability of some 11.000msq of built area over ground. This land provides an opportunity to expand the existing building or build a new independent project.
According to Luís Rocha Antunes, partner and head of the Cushman & Wakefield investment team, "This building and the adjacent land is one of the best opportunities available in the city centre. The unique quality of the existing building, which has been maintained in an excellent condition along with the possibilities expansion, makes it extremely attractive for investors and companies that need to relocate their headquarters to Lisbon. In the context of our joint marketing activities with our group of sales offices, we have already noted interest from a number of high profile companies, as well from as real estate investors who recognise these qualities".