TCN

Portimão Retail Park

Portimão Retail Park

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Green field development of retail park in Portimão, Portugal

The office in TCN Portugal closed in 2009. In 2004 TCN Portugal acquired a 50% share in an existing retail park project Aveiro as well as a new development on Portimão (Algarve).

The retail park contains 27.105 m2 GLA. Anchor tenants are: Carrefour, Decathlon, Aki, Staples (Office). It is by now one of the best performing retail park in the Algarve area.

In 2005 the project was sold to Pillar, part of British Land.


Name
Portimão Retail Park
Phone number
+31 30 230 9300
Fax
+31 30 230 9473
Email
arjan.kuilman@tcnpp.com
Website
www.tcnpp.com

Facts & Figures

Plot Area:
23.918 sqm

GLA :
23.084 sqm

Tenants:
AKI, Decathlon, Staples

Parking:
968 spaces

Status:
April 21th 2006

Total Investment:
20 M€

Partners:
SNS Property Finance (debt financing)
British Land (purchaser) PREF (The Pillar Retail Europark Fund)