Peixe Rosa / Structuring Investment

Peixe Rosa HQ

Landmark Life-Sciences Real Estate

Peixe Rosa HQ is being structured within the South Tower of Recife's historic Celso Furtado complex — the former headquarters of SUDENE — as the institutional and commercial home of the Peixe Rosa life-sciences ecosystem.

The investment centers on the transformation of landmark modernist real estate into a contemporary environment for translational medicine, life sciences, company formation, institutional activity and specialized long-duration occupancy.

The underlying proposition is fundamentally real estate: a major existing architectural asset; a substantial retrofit; a strategically embedded location; specialized occupancy; and an ecosystem capable of creating recurring demand around the property.

Explore Co-Investment

The Asset

A Modernist Landmark. A New Productive Purpose.

The Celso Furtado complex is the former headquarters of SUDENE and one of Recife's significant modernist institutional assets.

The reference redevelopment studied with BNDES contemplates the rehabilitation and adaptation of the complex for contemporary uses across health, education, innovation, services, culture, hospitality and commerce.

Within that larger transformation, Peixe Rosa HQ is centered on the South Tower and its potential role as a specialized life-sciences destination.

Former Use
SUDENE Headquarters
Location
Recife / Pernambuco
Asset
Celso Furtado Complex
Peixe Rosa
South Tower
Investment Type
Specialized Real Estate / Retrofit

Reference Masterplan

Institutional Scale

130,000+ m²
Reference Area of Intervention
34,000+ m²
Reference Gross Leasable Area
R$245M
Reference Retrofit Program

The BNDES reference masterplan contemplates more than 130,000 m² of intervention across the broader complex, more than 34,000 m² of gross leasable area and approximately R$245 million in retrofit investment.

These figures describe the broader reference redevelopment and are not the final investment budget, valuation or ownership economics of Peixe Rosa HQ.

Reference figures derived from the BNDES redevelopment study for the Celso Furtado complex. Final Peixe Rosa HQ scope, investment structure, capital requirements and commercial terms remain subject to definitive structuring and agreements.

Institutional Geography

Two Towers. One Emerging Knowledge District.

North Tower

UFPE Institutional Presence

The broader redevelopment establishes the North Tower around UFPE institutional and academic uses, reinforcing the Celso Furtado complex as an extension of the university's scientific, technological and institutional environment.

  • UFPE
  • Academic Activity
  • Innovation
  • Technology
  • Institutional Presence

South Tower

Peixe Rosa HQ

The South Tower provides the setting contemplated for Peixe Rosa's headquarters and for companies and activities attracted through the Peixe Rosa ecosystem.

Its positioning creates the opportunity to establish a concentrated life-sciences and translational-medicine environment immediately alongside one of Brazil's important federal universities and its surrounding health, research and innovation infrastructure.

  • Peixe Rosa
  • Translational Medicine
  • Life Sciences
  • Companies
  • Capital
  • Specialized Occupancy

The South Tower is not owned or controlled by Of Joseph PB&T or Peixe Rosa. Occupation, retrofit participation and commercial arrangements remain contemplated and subject to definitive structuring and agreements.

The Transformation

From Institutional Building to Life-Sciences Address

Peixe Rosa HQ brings a specialized commercial thesis to the South Tower.

The building is conceived as more than conventional office accommodation. Its redevelopment creates an environment in which scientific institutions, translational programs, life-sciences companies, investors, operators and specialized service providers can work within a common physical address.

The result is a real-estate asset whose positioning is reinforced by the activity surrounding it.

  1. Landmark Asset
  2. Retrofit
  3. Specialized Environment
  4. Life-Sciences Occupancy
  5. Recurring Real-Estate Value

Specialization

A Physical Address for Translational Medicine

Peixe Rosa is built around the movement of science toward practical human application. Peixe Rosa HQ gives that ecosystem a physical institutional center.

The South Tower is contemplated as an environment capable of bringing together company formation, scientific interaction, investment activity, translational programs, professional services and life-sciences organizations within a single landmark property.

This creates a recognizable address from which Peixe Rosa's Brazilian and international relationships can operate, convene and grow.

Environment categories

  • Life Sciences
  • Translational Medicine
  • Biotechnology
  • Healthcare
  • Scientific Enterprise
  • Investment & Company Formation
  • Institutional Collaboration

Business Model

Real Estate First.

  1. 01

    Retrofit Value

    Repositioning a major existing architectural asset for contemporary specialized use creates the foundation for long-duration real-estate value.

  2. 02

    Occupancy Value

    A specialized life-sciences environment can support occupancy from companies, institutions, service providers and organizations whose activities benefit from proximity to the Peixe Rosa and UFPE ecosystems.

  3. 03

    Ecosystem Value

    Peixe Rosa creates an additional source of potential demand through companies, programs, partnerships and investment activities progressing through its broader scientific and translational environment.

Peixe Rosa HQ therefore combines the economics of real estate with the demand characteristics of a specialized life-sciences ecosystem.

Location

Embedded in an Existing Scientific Geography

The investment is located within an existing university, hospital, research and innovation geography rather than being conceived as an isolated science campus.

Its relationship with UFPE and the surrounding academic and healthcare environment gives the South Tower a natural institutional context for specialized life-sciences occupancy.

The redevelopment of the wider Celso Furtado complex further positions the property within a broader urban regeneration strategy for Recife.

Surrounding geography

  1. UFPE
  2. HC-UFPE
  3. Research & Innovation
  4. Peixe Rosa HQ
  5. Life-Sciences Companies
  6. Recife

The surrounding geography describes institutional context. It does not represent contractual relationships beyond those already documented.

Urban Economics

A Major Asset Within an Active Urban Catchment

The BNDES reference analysis identifies substantial resident, university, hospital and commercial activity surrounding the Celso Furtado complex.

656,942
Residents within the reference 15-minute influence area
40,000
Reference daily UFPE student and worker population
10,000
Reference daily HC population
R$39.8M
Estimated monthly sales potential identified in the reference study

The importance of these figures extends beyond retail activity. They demonstrate that the asset sits within an established concentration of people, institutions, healthcare activity and economic demand.

Figures are reference estimates contained in the BNDES redevelopment study and are not Peixe Rosa projections or guarantees.

Specialized Occupancy

An Environment Designed Around Productive Use

Potential Peixe Rosa HQ uses may include

  • Corporate Headquarters
  • Life-Sciences Companies
  • Biotechnology Companies
  • Translational-Medicine Organizations
  • Scientific & Technical Services
  • Specialized Professional Services
  • Investment & Company-Building Activities
  • Meeting & Convening Environments
  • Institutional Collaboration
  • Flexible Corporate Space

Where compatible with the broader masterplan, supporting hospitality, food, commercial and service uses may complement the principal institutional and life-sciences environment.

Potential uses describe the environment being structured. They do not represent committed tenants or executed arrangements.

Demand Architecture

A Building Connected to Its Own Potential Pipeline

Large specialized properties depend upon sustained occupancy.

Peixe Rosa HQ introduces an additional demand mechanism: the building is connected to an ecosystem actively involved in science, translation, company development, investment and institutional collaboration.

Companies and programs progressing through Peixe Rosa may become candidates for physical presence within the headquarters environment as their requirements develop. External qualifying life-sciences and healthcare organizations may also participate in the environment.

  1. Science
  2. Translation
  3. Company Development
  4. Capital
  5. Peixe Rosa HQ
  6. Specialized Occupancy

This pathway describes the strategic occupancy model and does not represent committed tenancy.

Ecosystem Connection

The Institutional Center of a Broader Platform

  • Peixe Rosa Labs

    Scientific & Translational Platforms

  • Peixe Rosa Clínicas

    Embedded Hospital Translation

  • Peixe Rosa CRO

    Clinical-Research Execution

  • BIOMA

    Applied Molecular Bioeconomy

  • Peixe Rosa STP

    Productive Infrastructure & Industrial Scale

  • Peixe Rosa HQ

    Institutional & Commercial Center

Peixe Rosa HQ is the contemplated institutional and commercial center of the ecosystem. Scientific, clinical and productive activities continue within their own environments.

Project Origination

A Strategy Developed Around an Existing Institutional Need

The Peixe Rosa HQ concept emerges from an established dialogue around the restoration and productive occupation of the Celso Furtado complex.

A 2024 statement from UFPE's Pro-Rector of Research and Innovation records institutional interest in Of Joseph PB&T's proposed investment structure and the contemplated use of the South Tower for Peixe Rosa headquarters and companies attracted through the program.

The same institutional record describes discussions involving UFPE, Of Joseph PB&T and BNDES concerning investment mechanisms capable of supporting restoration and operation of the complex.

These records describe institutional engagement and dialogue. They do not constitute a concession, ownership, exclusive rights, an executed lease, committed financing or final governmental approval.

Investment Window

Architecture, Science and Capital Converge

The Celso Furtado complex combines three characteristics rarely available within a single real-estate opportunity.

  1. 01

    A landmark existing asset requiring productive repositioning.

  2. 02

    Immediate adjacency to a major federal university, hospital and research environment.

  3. 03

    A specialized life-sciences ecosystem capable of contributing institutional activity, company formation and potential occupancy.

The investment opportunity is the convergence of these elements through the rehabilitation and activation of the South Tower.

Investment Thesis

Peixe Rosa HQ transforms landmark institutional real estate into specialized life-sciences infrastructure — combining retrofit value, long-duration occupancy potential and ecosystem-supported demand within one of Recife's most important academic and healthcare geographies.

The objective is to establish the South Tower as a globally recognizable Brazilian address for translational medicine, life sciences, and the companies, institutions and capital advancing them.

Participation

Explore the Repositioning of a Landmark Asset

Individual Co-Investment

Qualified investors may explore direct participation in Peixe Rosa HQ as a Peixe Rosa Structuring Investment alongside Of Joseph PB&T, subject to final investment structure, agreements and offering terms.

Express Co-Investment Interest

Diversified Fund Participation

The Peixe Rosa Sleeve Fund is being formed to provide diversified institutional exposure across qualifying Peixe Rosa Structuring Investments, which may include Peixe Rosa HQ subject to applicable investment criteria and portfolio construction.

Explore Sleeve Fund