Cushman & Wakefield has placed another Regus office centre, this time in downtown Porto, in the District Offices and Lifestyle building. The Regus international brand will manage the entire building, optimizing space, creating co-working spaces, implementing new services and increasing the current job capacity.
The District Offices & Lifestyle, owned by Endutex, has a total of 5,246 sq m and is located in the Batalha area, in downtown Porto. From this month forward Regus will manage the building. In this deal, Cushman & Wakefield acted on behalf of the owner.
According to Filipe Lopes, head of the consultant's Porto office, "We are very pleased with the completion of this deal which met the expectations of both Endutex and Regus. This is one of the most emblematic buildings in the centre of Porto today, in one of the most attractive locations for a flexible office centre, which will certainly bring Regus success."
André Ferreira, administrator of the Endutex group, commented "the interest of a company with the size of Regus for the District project confirms the success of our bet and the pioneering vision we had in the historic centre of Porto. Although it was a difficult decision, even due to the emotional relationship we established with the building, we are certain that Regus will make an important contribution to the growth of this project."
According to Jorge Valdeira, Regus country manager in Portugal, "We had for a long time been seeking an opportunity in the historic centre of Porto, which is currently registering a huge demand for business space. We know that people value being close to services, food retail and cultural spaces, having access to the short distance of public transport, namely metro and train, and this project will enable us to cater to these new requirements of our national and international customers."
Regus has nine centres in Lisbon, three in Porto and one in Braga, also placed by Cushman & Wakefield at the end of 2017. Globally, Regus is present in 120 countries and operates close to three thousand business centres, distributed over 900 cities.