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Cushman & Wakefield appointed as property manager of Torre Oriente (Colombo) in Lisbon

20/02/2020

Cushman & Wakefield has recently been appointed as property manager of Torre Oriente, located in the Colombo complex, Lisbon. Owned by Union Investment, the building totals a gross leasable area (GLA) of 27.596,96 sq.m distributed by 13 floors.

Some of the characteristics that make this tower unique are the ease of access, the vast offer of public transportation, an area of 2,000 sq m per level with virtually no structural limitations, and the services made available by the Colombo Shopping Center (restaurants, hypermarket, gymnasium, pharmacy, dry cleaners, financial service institutions and many more). 

Cushman & Wakefield will be responsible for the for the building’s management, including the preparation of budgets and shared expenses, hiring services, billing and processing of payments, amongst other services.

According to Bruno Silva, Partner, Head of Asset Services of Cushman & Wakefield, “this mandate translates the confidence of our client in our strong asset management capabilities and awards our team’s excellent performance over time in different geographies”.

Cushman & Wakefield's property and asset management team currently has 40 office buildings, 4 shopping centres and 12 retail units and 4 industrial facilities under management, amounting to an area of over 410, 000 sq m and annual revenue of 50 million Euros.


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