This project, which involves the redevelopment of the former La Vie shopping center, represents an investment by a joint venture between Tikehau Capital and Quest Capital.
After being awarded the leasing mandate, C&W has now been appointed in two distinct areas. On one hand, the consultancy is already providing management advisory services for both the construction phase and the operational phase, covering both office and retail components. On the other hand, it will ensure an in-house management team upon completion of the works, scheduled for 2026.
Since the beginning of the project, C&W has also acted as ESG Advisor to the owner, ensuring the integration of ESG principles throughout all development phases. The consultancy’s ESG & Sustainability team has been providing strategic support on key topics such as the EU taxonomy and certification process oversight, ensuring that best sustainability practices are consistently incorporated.
HOP was designed to meet the highest environmental and wellness standards, standing out for its functional integration of sustainable solutions in every detail. Special attention was given to material selection: the wood used is certified, ensuring responsible sourcing, and the landscaping includes natural plants that visually enrich the spaces, from interior areas to the façade, creating a seamless connection with nature.
The building will offer 42 charging points for electric vehicles and a fully renovated HVAC system that combines comfort with energy efficiency. The project will be certified with LEED Gold, WELL Platinum, and WiredScore Platinum.
Cristobal de Castro, Managing Partner at Quest Capital, comments: “Since acquiring the former La Vie Porto Baixa, we’ve been completing key milestones — from architectural design to licensing, demolition, and the start of construction. Today, we’re finally beginning to see what HOP – Heart of Porto – is about to become. Our ambition to fully rehabilitate the building and transform it into a sustainability benchmark was only possible thanks to the early involvement of Cushman & Wakefield’s Sustainability and ESG team. With completion expected in 2026, we’ve also made it a strategic priority to anticipate the management model of a mixed-use building with over 30,000 m², reinforcing our commitment to creating a true community at HOP — even before the arrival of future occupants.”
According to Ana Luisa Cabrita, Partner and Head of ESG & Sustainability at Cushman & Wakefield: “This project is a clear example of how sustainability can and should be at the heart of real estate development strategy. From the careful selection of materials to the integration of solutions for electric mobility and energy efficiency, we aim to ensure that every decision reflects a genuine commitment to ESG principles and the creation of more responsible, healthier, and future-ready spaces.”
Francisco Loureiro, Partner, Head of Business Space Asset Services at Cushman & Wakefield, adds: “We are thrilled to be actively collaborating with Quest/Tikehau on this project, which we consider highly relevant for Porto and Portugal. The balanced combination of office and retail enhances the asset’s potential and promotes the desired urban dynamic for this downtown area. Our involvement, from construction to operation, allows us to contribute strategically and holistically, adding distinctive value to HOP.”
HOP is a multifunctional project with approximately 30,000 m², comprising an office component of around 15,700 m² spread over 4 floors and a retail component totaling 8,236 m² across 2 floors. It also includes 416 covered parking spaces, 42 charging points, and 90 bicycle spaces distributed over 3 floors. The office spaces are designed to promote efficiency and collaboration among users, offering a modular layout that can be adapted to any company’s needs. With a particular focus on user well-being, comfort, and the creation of a true business community, HOP offers a wide range of amenities and services, such as an 800 m² rooftop bar, a 1,450 m² private outdoor area, an auditorium with a capacity for 110 people, a multipurpose room for 90 people, 24/7 access control and security, a lobby café, locker rooms with 50 lockers and 10 showers.
HOP benefits from a prime location in the heart of Porto, next to the city’s main shopping street – Rua de Santa Catarina – just 4 minutes from Mercado do Bolhão, 7 minutes from Rivoli Theater, and 10 minutes from Ribeira. It is also served by an extensive transport network and mobility options, with access to a metro station right at the building’s entrance and 90 bicycle parking spaces.
