Following the signing of two new lease agreements, the riverside building now has only the ground floor available.
Cushman & Wakefield (C&W) and CBRE, appointed by Signal Capital Partners to market the office building located in Lisbon’s riverside area on a co-exclusive basis, announce that Cais 5 has reached an occupancy rate of 80%, with only the ground floor currently available, totaling approximately 1,100 sqm.
Cais 5, the result of the refurbishment of a building located on Rua Dom Luís I, has recently welcomed a Swedish Fintech company that leased the entirety of floors 1 and 2. This company, a global open banking payments platform with a presence in Portugal since 2020, was previously located in Amoreiras. However, due to the profile of its workforce and its rapid growth, it was seeking space in a modern building in a more dynamic and attractive area of the city.
The building benefits from a strategic location in an area well served by retail and services, very close to Cais do Sodré station, one of Lisbon’s main public transport hubs. In addition to the shared rooftop located on the 7th floor, offering a 360º panoramic view, the building also features a private terrace on the 2nd floor of approximately 600 sqm, which were key factors in the new tenant’s decision.
The building is home to leading companies such as TagEnergy and HAVI. The latter has expanded its presence in the building by taking an additional floor to accommodate its continued growth.
The refurbishment project included a complete interior renovation and the installation of a new glass façade, giving the building a more contemporary image and allowing for greater natural light. With a strong focus on sustainability, the use of eco-friendly materials and the installation of photovoltaic panels enabled the building to achieve LEED Gold and WELL Gold certifications, demonstrating its environmental performance and commitment to occupant health and well-being.
The building also offers three levels of private parking, with capacity for 54 cars, 45 motorcycles, and 75 bicycles.
“In a context of limited supply in Lisbon’s riverside area, Cais 5 stands out for its identity, quality, and positioning. The fact that the building is almost fully occupied, with only the ground floor available, demonstrates not only the success of the leasing strategy, but also the strong demand for spaces that combine location, image, and experience. This asset thus establishes itself as a benchmark for companies seeking more than a traditional office,” comments Pedro Salema Garção, Head of Offices at Cushman & Wakefield.
According to António Almeida Ribeiro, Investor Leasing Offices Director at CBRE: “Today, companies are looking for more than just office space—they are looking for experience, well-being, and connectivity. This move by the new tenant confirms this trend. Cais 5 offers what the market seeks most: location, flexibility, outdoor spaces, and a strong sustainability ambition. It is truly a building prepared to attract leading companies, thanks to its contemporary, inspiring work environment and diverse usage models.”
Gareth Richardson, Director of Asset Management at Signal Capital Partners, adds: “Achieving an 80% occupancy rate at Cais 5 strongly validates the repositioning strategy defined for this asset. The commitment from the new tenant, together with HAVI’s expansion, reflects the demand for high-quality, well-located, and sustainability-oriented workspaces in Lisbon. With only the ground floor still available, we are confident that Cais 5 will soon be fully occupied, consolidating its position as one of the most attractive office offerings along Lisbon’s waterfront.”
The Cais do Sodré area (Zone 4) is establishing itself as one of the most modern locations in Lisbon, resulting from urban regeneration, its proximity to the river, and a diverse and well-connected mobility network, including metro, train, tram, bus, and ferry connections to the south bank. In recent years, this area has attracted several leading companies, such as EDP, Farfetch, and the law firm Vieira de Almeida.
