The former Farfetch headquarters in Leça do Balio, Matosinhos, is being transformed as part of the ambitious Spark complex, a €35 million office and retail development by the Castro Group. Once home to Portugal’s first tech unicorn, the 15,000-square-meter building will now become part of Spark II, the second phase of the project.
Vacated after Farfetch’s acquisition by Coupang and its subsequent restructuring — which included mass layoffs — the space had stood empty since 2024. Its reincorporation into Spark reflects a shift in the region’s tech and real estate dynamics, moving from single-tenant giants to multi-use developments.
Construction is already underway at the adjacent former Lactogal factory, where Spark’s first phase is taking shape. Set to open later this year, the site will feature 11,500 sqm of office space, 1,800 sqm for retail, 4,000 sqm of green zones, and 350 parking spots. The Castro Group’s vision blends urban renewal with commercial vitality, giving a once-strategic tech hub a new purpose.
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