This strategic move not only underscores Syensqo’s innovative and forward-thinking approach but also highlights the IDB Building's role in fostering a dynamic business environment.

Syensqo, known for its groundbreaking material solutions and listed on Euronext Brussels under the ticker SYENS, has chosen Lisbon as part of its global strategy for innovation and growth. This GBS Centre, occupying 2,000 square meters on the 4th floor of the state-of-the-art IDB Building, represents one of Lisbon’s most significant office deals in late 2024. The new facility is set to create a host of skilled job opportunities, further bolstering Portugal’s economy and reinforcing its position as a prime location for international enterprises.

The IDB Building, or Innovation & Design Building, is more than a corporate address—it’s a hub of creativity and innovation. Strategically located near Parque das Nações, the IDB Building combines urban convenience with a forward-thinking work environment. It offers a suite of cutting-edge features, including a panoramic rooftop with gastronomic, cultural, and recreational activities, a vibrant ecosystem for collaboration, and artworks by local artists that enhance its aesthetic appeal. The building's design aligns with modern workplace trends, emphasizing sustainability, flexibility, and a strong sense of community.

This development is part of a broader trend of global companies expanding into Portugal, drawn by its skilled workforce, strategic location, and quality of life. Syensqo’s investment promises to generate significant economic benefits, including job creation, knowledge transfer, and increased visibility for Lisbon on the global stage. The GBS Centre is expected to support a wide array of business functions, enhancing operational efficiency and driving innovation within the company.

The role of innovative real estate projects like the IDB Building cannot be overstated in attracting such high-value investments. The building’s modern design, strategic location, and community-focused amenities make it an ideal space for international firms seeking a foothold in Europe. For Syensqo, these elements align perfectly with its vision for a global business hub that fosters collaboration and innovation.

Lisbon’s appeal as a business destination stems from its unique blend of factors: a multilingual talent pool, proximity to major global markets, and a business-friendly government offering incentives for foreign investment. As Syensqo embarks on this new chapter, its partnership with the IDB Building exemplifies the potential for businesses to thrive in Portugal. This collaboration not only sets a benchmark for future investments but also underscores the city's commitment to fostering growth and innovation.

Author

Paulo Lopes is a multi-talent Portuguese citizen who made his Master of Economics in Switzerland and studied law at Lusófona in Lisbon - CEO of Casaiberia in Lisbon and Algarve.

Paulo Lopes