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Cushman & Wakefield, CBRE and JLL Appointed to Market Restelo Business Center

22/10/2026
CW_Restelo
Restelo Business Center
Cushman & Wakefield (C&W), CBRE and JLL have been jointly appointed, on a co-exclusive basis, to market the office space currently available at Restelo Business Center. Owned by Restelo XXI, the complex comprises a total area of approximately 9,000 sq m, of which around 4,820 sq m will be available for lease, distributed across three floors.

Located on Avenida Ilha da Madeira, in one of Lisbon’s most established and exclusive districts, Restelo Business Center is a mixed-use development comprising six office buildings spread over four above-ground floors. The buildings are interconnected by pedestrian pathways, landscaped seating areas and a central plaza featuring retail units and a supermarket, creating an integrated working environment.

Designed by architect Francisco Simões and inaugurated in 2012, Restelo Business Center has hosted several prominent occupiers, including Siemens, Deloitte, Everedge, Van 70 IT Services, RBB, Actone, Novargi, and idD – Portuguese Defence Industries Platform.

"We are very pleased to take on the commercialization of Restelo Business Center, an asset with a prime location and features that continue to meet the current needs of companies. We look forward to contributing to its value enhancement and attracting leading occupiers, further reinforcing the potential of the office market in this area of Lisbon," comments Afonso Almeida Fernandes, Senior Consultant at Cushman & Wakefield.

Cláudia Ribeiro, Head of Leasing at CBRE Portugal, adds: "In a market where demand continues to favour buildings capable of combining quality, accessibility and wellbeing, Restelo Business Center stands out for its uniqueness and the ecosystem it offers its occupiers. We believe this asset provides the ideal conditions to meet the needs of companies seeking a distinctive location in Lisbon, further supporting the dynamism of the capital’s office market."

Bernardo Vasconcelos, Head of Office Leasing at JLL Portugal, comments: "Restelo benefits from a strategic position in one of Lisbon’s premium residential areas, with excellent road access and proximity to supporting services. The availability of approximately 4,820 sq m in full-floor, move-in-ready office space offers flexibility for companies at different stages of growth, from operations requiring open and collaborative floorplans to more compartmentalized layouts. It is a high-quality alternative for organizations looking to relocate away from the city’s more congested business districts, within an asset that offers efficiency, prestige and a strong corporate image to its occupiers."

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 53,000 employees in nearly 350 offices and 60 countries. In 2025, the firm reported revenue of $10.3 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.

Media Contact

Miguel Sena
Miguel Sena

Head of Marketing, Portugal • Lisboa

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