Retail

The Portuguese Association of Shopping Centres (APCC) believes that the January sales could mark the beginning of the sector’s recovery. On the day that the sales began on 15 January, the CEO of [...]

The shopping centre management group Mundicenter, which owns Amoreiras Shopping, has filed five court actions against the Portuguese State to the tune of €8.8 million. The court actions have to [...]

Asteck, the second largest shareholder in the Portuguese food retailer Jerónimo Martins, which owns supermarkets Pingo Doce, has sold its 5% share in the company for €621 million.  It made €1.1Bn [...]

One of the largest real estate projects in the Portuguese shopping centre segment in the past decade opens its doors tomorrow. The Glicínias Plaza in Aveiro was subject to a €40 million revamp [...]

The official receivers of Portuguese clothing company Dielmar have received two offers for the company but with lots of strings attached. And the time needed to produce and present a recovery [...]

Benfica has managed to meet its financial needs by raising the €35 million it needed from a bond issue aimed at small savers, many of them club members and fans. It sold 1,887 bonds despite the [...]

You’ve heard of Uber Eats and Glovo, the restaurant delivery service. Well, now the virtual supermarket concept has been launched onto the Portuguese market. Blok and Gorillas are the two new [...]

A bankrupt shopping centre in Miraflores on the outskirts of Lisbon is on the market again for €5.3 million. It is the third time that the shopping centre, the first from the Dolce Vita brand in [...]

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 [...]