Retail Park Aveiro

Redevelopment of retail park with over 23,000 sqm retail and restaurants into one of the best performing shopping areas in the region.

In 2004 TCN Portugal (note: TCN Portugal closed in 2009) acquired a 50% share in existing retail park project Aveiro (open since 2002) and new retail development Portimão (Algarve).

After (re)developing the project in 2004 and 2005 and acquiring tenants such as Decathlon, Carrefour, AKI and Staples, the retail park became one of the best performing in the Algarve area.
 


Name
Retail Park Aveiro
Main function
Retail
Address
Zona Industrial da Taboeira Aveiro 3800-055

Country
Portugal
Website
www.aveiroretailpark.com

Facts & figures

Purchase date
2004

Investment date
2004 – 2005

Sold in
2005

Number of sqm GLA
23,746

Parking
1000 parking spaces

Function
Retail

Main tenants
AKI, Decathlon, Staples