Press Release
Allo expects total occupancy of 3,000 to 4,000 people and hands over management to CBRE
June 25, 2024

With its two main buildings facing the riverfront, ALLO benefits from a vibrant and bustling environment that combines modernity and history, allowing engagement with the trendiest lifestyle of Lisbon’s capital. Several companies have chosen this project for the location of their headquarters. ALLO’s occupants include distinguished companies such as GALP, EY, and Cloudflare.
Frederico Mondril, Director of Property Management Offices at CBRE Portugal, comments: “We are immensely proud to add this iconic project to our portfolio of assets under management. This iconic project in the Lisbon market represents a major challenge in managing a modern office building that aims to meet the current expectations of companies and their employees; this focus on user-centered office building management and their expectations is aligned with CBRE’s building management model, which is based on the pillars of Sustainability, Digitalization, and User Experience.”
As part of the management of ALLO, CBRE will have an exclusive on-site team consisting of a General Manager and a Community Manager, whose responsibilities include supporting occupants to ensure the implementation of personalized services for users and rolling out the entire marketing strategy and development of initiatives to promote the ALLO Community concept.
Also, from an ESG perspective, the consultant includes in its strategy for ALLO the responsible management of building resources and the implementation of environmentally friendly practices to minimize environmental impact. On the human side, the main concerns are ensuring the safety of the occupants and prioritizing the physical and emotional well-being of the approximately 3,000 to 4,000 expected users at full occupancy of the buildings.
André Gomes de Sousa, Executive Partner at Bedrock Capital Partners, adds: “ALLO aims to promote creativity, collaboration, and the well-being of people through its unique features and the provision of a diverse set of common amenities for use by its community. This spirit of community is reinforced by the name “ALLO,” which conveys a sense of connection and communication between people. Therefore, we are very excited for selecting CBRE as the Property Manager for ALLO, recognizing their unparalleled quality in office building management and the necessary skills to promote the ALLO Community concept.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.