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Bouygues Imobiliária began by offering high-quality office buildings tailored to the local market. Its first project was the construction of the Magellan Tower in Lisbon – the building that houses its own head office. Despite difficult economic conditions, Bouygues Imobiliária has succeeded in securing tenants for all its buildings, thus positioning itself as one of the country’s top-three commercial property developers. In April 2008, Bouygues Imobiliária won the most coveted national property development award for its Mar Mediterrâneo project. Its aim now is to continue to grow while consolidating its market position. |
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Retail parks are the second major success for Bouygues Imobiliária. Although this is a recent line of business for the company in Portugal, Bouygues Imobiliária has secured 24% of the market in just six years and is now the leading developer, with 80,000 sq. metres completed or in progress. The company aims to continue its expansion, cooperating with well-respected partners on high-quality projects, and to build up a long-term position on the shopping-centre segment. |
In 2007, Bouygues Imobiliária: