Retail

A British investor has bought the space occupied by Porto’s iconic custard cream tart store Castro for €1.7 million. In a deal supported by Athena Advisers and JLL, it is not clear if the site [...]

ORES, the joint-venture property management investment company has made its first divestment, netting €4.1 million for the sale of a retail premises in Vigo, Spain. Olimpo Real Estate (ORES), a [...]

All shops, including those in shopping centres as well as restaurants, are open from today. This includes table and counter service in restaurants, cafés and patisseries which have been limited [...]

The total return on real estate investment in terms of revenues from assets fell into negative terrain in the Portuguese market in 2020. The Annual MSCI Portugal Real Estate Index fell to -0.3% [...]

The German supermarket chain ended 2020 with a €180 million investment in its 261 stores in Portugal. With urban rehabilitation an integral part of its expansion and modernisation plan, the [...]

Lisbon’s Picoas Plaza has been bought by the open real estate investment fund Imofomento managed by BPI Asset Management for €15 million. The shopping centre was once owned by the Spanish [...]

Portugal’s shopping centre groups are considering suing the State over a parliamentary bill that would allow the retroactive suspension of the payment of shopping centre rents which they say are [...]

A mandatory weekend curfew in the run-up to Christmas is being viewed as a “kick in the face” for the retail and restaurant sector and for the Portuguese economy as a whole. This is the opinion [...]

The French supermarket giant Auchan has invested €17 million in a new headquarters in Paço de Arcos, outside Lisbon. The 7,000 m2 premises with the capacity to support 500 fixed-term contract [...]

The Dutch fund APG has acquired 100% of factory fashion outlets Freeport in Lisbon and the Porto Fashion Outlet in Porto. According to a bulletin published by the Portuguese competition authority [...]