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Press room
News
29/03/2017
Saba continues its efforts in Portugal, where it already manages 17,000 parking spaces, developing three new growth operations
  • The acquisition in 2015 of the Portuguese concessionaire CPE led to double the size of Saba in the country by integrating 19 car parks and 8,000 parking spaces

The car park of Estádio Universitário in Lisbon, located near the sports center of the University of Lisbon and the Santa Maria Hospital, has 373 parking spaces. After managing this car park for the last 15 years, Saba was awarded once again the management of this car park for the 5 years to come with the possibility of two additional extensions of 5 years.

In Póvoa de Varzim, Saba was awarded the concession of Eça car park for the next 32 years, infrastructure that counts with 553 parking spaces located in one underground floor, as well as the lease contract for the next five years of the Lota car park, with 174 parking spaces. In this city of 65,000 inhabitants and 40 kilometers to the north of Oporto, Saba already manages 3 car parks that sum near 1,000 parking spaces.

With these three new operations, the company adds 1,100 parking spaces in the Portuguese territory. This means that Saba manages in Portugal an overall network of 35 car parks under concession, management and also controlled parking zones, with 16,719 parking spaces, distributed in 15 cities.

In this regard, the Managing Director in Portugal, Marco Martins, has emphasized that “in 2017 the company will implement a range of improvements in its Portuguese car park network related to the physical structure of the car parks, with a complete remodeling of the installations, applying a new image and emphasizing the redefinition of the parking spaces and the paint”. As an example, Saba is currently carrying out a complete rehabilitation of Praça do Municipio car park in Lisbon, in order to turn it into the company’s flagship car park in Portugal. A car park of the future providing a full range of services.

Press release
Praça do Municipio car park (Lisbon)