IDB Lisbon - Innovation & Design Building Lisbon, a building owned and managed by Jamestown, a global real estate investment and management company, has four new office tenants who have found in the innovation hub the right place to grow their businesses: Pictet Technologies, UpHill, Mamma Team, and Circutor, which together occupy more than 4.800m2 of the building.
Founded in 2016, Pictet Technologies is the cutting-edge financial technologies software factory exclusively serving the needs of Swiss Pictet Group — one of the premier independent asset and wealth managers in Europe founded in 1805. Pictet Technologies, which operates from Luxembourg and Lisbon, will occupy the whole of the 5th floor (2.644m2) of IDB Lisbon.
The Portuguese startup
UpHill, that recently raised their Series A, develops software and medical content for the automation of care journeys in hospitals and other institutions, will occupy 1.000m2 of IDB Lisbon, from where it intends to continue creating first-rate solutions for the health sector, after closing a seven million euro investment round, in March, with the aim of doubling its team and opening offices in Spain and the United Kingdom.
As IDB Lisbon is a space filled with creativity, Barcelona-born production company Mamma Team chose it to continue to be inspired when producing television and photographic content for agencies, brands and production companies around the world, renting 1.000m2 on the 4th floor.
And Cicutor, also a Spanish company, will occupy 160m2 of IDB Lisbon as the location for its first office in Portugal, although it has been operating in the country for more than 20 years. From now onwards, Circutor will be able to present a showroom and provide training to its customers about electric mobility and energy efficiency from its office in Olivais.
The choice of IDB Lisbon
as the office headquarters for these companies in Portugal was based on various factors: the modern facilities and amenities, the design and architecture of the building, the lifestyle offered, the easy layout of the space, the convenient access, and the entrepreneurship and innovation ecosystem present in the building.
“The office environments succeeding in today’s market are lifestyle hubs that provide companies with community and foster creative interactions,” said Michael Phillips, President of Jamestown. “At IDB Lisbon, we activated the rooftop with art, food, and entertainment, creating a dimensional and distinct experience that makes the building much more than a workplace. Pictet Technologies, UpHill, Mamma Team, and Circutor are reflective of the innovative and collaborative spirit we envisioned for the building and add to the dynamic community we have been developing. We are endeavoring to create a global network of innovation centers and IDB Lisbon is a key component of that broader program, which extends from Berlin to Rotterdam, New York to the San Francisco Bay Area”.
Since entering the European real estate market in 2019, Jamestown has amassed approximately EUR 1 billion in assets under management in Europe (as of 31 March 2024) and continues to seek investment opportunities across the continent. Jamestown’s European holdings total approximately 350,000 square meters and include 14 properties across 13 cities and six countries.
With over 40 years of experience in the international market, Jamestown has a long-term ownership and management perspective and is well known for revitalizing historic buildings into mixed-use innovation hubs and community centers.
Jamestown is endeavoring to create a global network of innovation centers focusing on tech, media, gaming, and climate initiatives. European properties under management include Groot Handelsgebouw in Rotterdam, a portfolio of buildings in Amsterdam’s Schinkel District, the Innovation and Design Building Lisbon, Factory Lisbon, Schanzenstrasse, and CIC Berlin. In the U.S., Jamestown is known for One Times Square in New York, Industry City in Brooklyn, and Ponce City Market in Atlanta.
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About the IDB Lisbon - Innovation & Design Building Lisbon
The IDB Lisbon - Innovation & Design Building Lisbon reflects Jamestown's vision for the 48,000-square-foot office building, formerly known as Entreposto and JQOne, and is now a hub for innovative companies with a strong focus on design. Throughout its history, IDB Lisbon has hosted several companies – and continues to welcome transportation, technology, energy, health, finance, education and creative companies and organizations. Given its unrivalled location, the building is positioned to serve both companies and activities of public and community interest. The IDB Lisbon is part of Jamestown's expansion strategy in Europe.
About Jamestown
Jamestown is a design-focused, vertically integrated real estate investment manager and service provider with over 40 years of experience and a mission to create places that inspire. Since its founding in 1983, Jamestown has executed transactions exceeding $40 billion. As of March 31, 2024, Jamestown has assets under management of $11.6 billion and a portfolio spanning key markets throughout the U.S., Latin America, and Europe. Jamestown employs approximately 500 people worldwide with 12 global offices, including headquarters in Atlanta and Cologne. Current and previous projects include One Times Square and Chelsea Market in New York, Industry City in Brooklyn, Ponce City Market in Atlanta, Ghirardelli Square in San Francisco, the Innovation and Design Buildings in Boston and Lisbon, and Groot Handelsgebouw in Rotterdam. For more information, visit www.jamestownlp.com.
