Parque das Nações is a prime-tier Class A submarket of Lisbon with average asking rent around €26/sqm/mo · ≈ $31.3 PSF/yr USD.
Trophy waterfront and tech corridor. · Tier: prime · Avg rent: €26/sqm/mo · ≈ $31.3 PSF/yr USD
Parque das Nações — the redeveloped Expo '98 site — anchors Lisbon's trophy waterfront and tech corridor. Vodafone HQ, Torre Vasco da Gama, and a deep Class A pipeline.
Tech, telecom (Vodafone), professional services, healthcare.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Oriente (Metro Red, CP intercity, bus).
Multi-modal transit captures the metro's principal professional catchment.
Vasco da Gama Bridge, Oceanário, MEO Arena.
Parque das Nações is one of 5 Class A submarkets we cover in Lisbon, classified as prime tier with an average asking rent around €26/sqm/mo · ≈ $31.3 PSF/yr USD. Compared with the broader Lisbon Class A stock, Parque das Nações typically attracts Tech, telecom (Vodafone), professional services, healthcare and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Parque das Nações: Avenida da Liberdade, Saldanha (CBD), Expo East / Beato Hub, Oeiras & Cascais Corridor. The full Lisbon submarket atlas is at /cities/lisbon.
For an institutional Class A occupier evaluating Parque das Nações, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Lisbon Class A leasing and to the prime tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.