Cushman & Wakefield Ltd.NYSE: CWK

Cushman & Wakefield Announces the Leasing of Two Additional Floors at Boavista Palace

· Issued by Cushman & Wakefield Ltd.

Cushman & Wakefield (C&W), exclusively mandated to market Boavista Palace, announces the lease of two floors (600 sq m) to a company specializing in international consultancy services. As a result, only one floor remains available for lease in the building. In a context of sustained demand for high-quality office space in central locations, this transaction highlights the growing attractiveness of Boavista as Porto's leading business district.

Comprising three open-plan floors, the iconic Boavista Palace combines a prime location with modern, flexible office spaces tailored to the needs of growing companies. The building also benefits from a private 160 sq m terrace and on-site parking facilities.

The property is strategically located within walking distance of retail, restaurants, services, hospitals, and cultural attractions such as Shopping Cidade do Porto and Mercado do Bom Sucesso. Well served by public transport, it features a bus stop directly in front of the building (STCP routes 2M, 202, and 502) and is just a five-minute walk from the metro station. In the future, it will also benefit from the new Rubi Metro Line and Metrobus service. Its proximity to the VCI ensures quick access to the main road networks, further enhancing the location's excellent accessibility.

Maria João Pinto, Head of Office Agency Porto at Cushman & Wakefield, commented: "This transaction confirms the strong demand for office solutions that enable immediate occupation without the need for additional fit-out investment. Boavista Palace offers precisely this combination: a fully fitted and ready-to-use workspace in one of Porto's most prestigious office locations. The fact that only one floor remains available demonstrates the significant interest in this type of office product within the market."

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