IBERDROLA INMOBILIARIA Leases 1,000 M2 Office Space to Lilly Portugal In Colombo Towers, Lisbon

-Pharmaceutical multinational to move into seventh floor of the Occidente Tower
-This real estate project was developed by IBERDROLA’s subsidiary along with the Caixa Geral de Depósitos Group, Sonae Sierra and CBRE Global Investors


The Colombo Towers office complex, developed in Lisbon on a joint basis by IBERDROLA INMOBILIARIA, the Caixa Geral de Depósitos Group, Sonae Sierra and CBRE Global Investors, has a new distinguished tenant, Lilly Portugal.

This company has rented 1,000 square meters of office space on the seventh floor of the Occidente Tower, one of the two making up this complex built above the Colombo Shopping Centre, thus closing what has become one of the most important lease operations completed in Portugal in the year 2013.

Lilly Portugal, which joins other top-notch tenants such as WS Atkins, Leo Farmacéutica, Lusotechnip, Sonae Sierra, Manpower and Servdebt, is a company that belongs to the U.S. multinational Ely Lilly, a leader in the pharmaceutical sector, with operations in 146 countries and over 38,000 employees.

The Colombo Towers are designed to provide a solution to the lack of high-quality large spaces identified by the developers in the Lisbon office market. The project includes two 14-floor towers, each with a total gross surface area of 29,000 square metres. These benefit from all the services offered by the shopping centre: an impressive range of restaurants, a hypermarket, gym, a chemist, launderettes and banks, as well as a number of shops selling a wide variety of products.

The total built area, encompassing the towers, shopping centre and car parks, covers almost 500,000 square metres, making it Portugal’s largest mixed-use project. With nearly 2,000 square metres of open space per floor, the towers have been designed specifically to meet the needs of large companies.

The Colombo Towers’ prime location is also one of its main attractions. Only a few minutes away from the airport, the Gare do Oriente transport hub and the city centre, the towers afford easy access to the city’s major roads and can also be reached by public transport, with the Colegio-Militar/Luz underground station right below the complex being the obvious choice. Each tower has 500 underground parking spaces located below the shopping centre.

This project was designed by the architect José Quintela and incorporates the best practices in environmental management, earning it a certificate from the prestigious Lloyd’s Register Quality Insurance (LRQA), the only certification organisation in the world able to operate in all industrial sectors in accordance with the NP EN ISO 14001:2004 and ESO 14001:2004 standards. The towers have also received a class B energy certification - the second highest - reflecting the care taken in building the façades and external shells.

IBERDROLA INMOBILIARIA offers a broad portfolio of products, ranging from first homes to holiday homes, office buildings, industrial units and shopping centres, as well as providing property consultancy and management services to third parties. The company currently owns rental property with more than 248,000 square metres of gross leasable area (GLA).