Porto

A conjunction of several points of tourist interest, provided Porto with a trendy, cosmopolitan, chic and cool atmosphere, reflecting the spirit of the city whether classic or modern, whether traditional or contemporary.

With a population of circa 1.8 million people, Porto is the second most densely populated region in Portugal and enjoys a privileged location, facing the northern bank of the River Douro. The historic centre of Porto is considered as World Heritage by UNESCO, and the city has gained more recently a strong interest from international tourists. The prime retail high street areas are Rua de Santa Catarina and Clérigos, carved with must-visit places (such as Café Majestic, Lello Book Shop or Clérigos Tower). With the recent renewal of the Clérigos area, complemented with the opening of Passeio dos Clérigos, an open air retail gallery, Porto gained a trendy and modern destination, attracting younger consumers and up market retailers to the city.

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Baixa - RUA DE SANTA CATARINA: 41.153288, -8.604879
CLÉRIGOS: 41.145974, -8.612788
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Baixa - RUA DE SANTA CATARINA

Baixa, or downtown, is the most traditional retail destination in Porto. Its main hub is Rua de Santa Catarina, which offers over 60,000 sq.m of retail supply, together with a 12,000 sq.m GLA shopping centre, Via Catarina. After a long period of stagnation, due to the opening of more modern shopping centres on the city outskirts, this area is now gaining the dynamics of the past and shows increasing levels of footfall both from locals and tourists.
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CLÉRIGOS

Over the last few years, this location has benefited from a more dynamic environment and has succeeded in attracting restaurants and leisure operators together with trendy mass and medium-high level brands. This cluster of high street retail is still attracting a significant level of interest from major domestic and international brands, benefiting from the area’s tourist traffic over the years as a whole.

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Norte Shopping – Shopping Center: 41.180788, -8.654518
GAIA SHOPPING: 41.118341, -8.622190
MAR SHOPPING: 41.209505, -8.688322
ARRÁBIDA SHOPPING: 41.140527, -8.636644
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NorteShopping

Norteshopping is deemed to be Sonaes’ best performer in the North of Portugal. Opened in 1998 it totals 73,200 sq.m. Anchors include Continente hypermarket, Fnac, Area, Zara, C&A, H&M, Sportzone and an 8-screen Lusomundo cinema. It features 257 shops arranged over 3 floors.
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GAIA SHOPPING

Opened in 1995, it has 161 retail units in a total of 60,000 sq.m of GLA. Gaia Shopping is located in the centre of Vila Nova de Gaia, the south border of the River Douro. The anchor shops are Toys’r’us, Worten, Cortefiel, Zara, C&A, Fnac, Maxmat. The number of visitors per year is around 10 million. Gaia shopping has excellent road infrastructures nearby such as the A1 motorway, which links Porto to Lisbon.
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MAR SHOPPING

Developed by IKEA, MAR Shopping includes a 36,000 sq.m IKEA store as well as Fnac, Jumbo and Sportzone among other 210 stores. This centre was inaugurated in 2008 as the largest IKEA centre in Europe. It is located in Matosinhos and close to the A28 motorway, which connects Porto to Minho.
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ARRÁBIDA SHOPPING

Opened in 1995 with an expansion in 2006, ArrábidaShopping has 61,300 sq.m of GLA and 196 stores with Jumbo, Worten, Sportzone and Massimo Dutti as anchors. The number of visitors per year is around 10 million. It is located in Vila Nova de Gaia, close to the Arrábida Bridge and well served by the A1 motorway.

MARKET OVERVIEW
KEY AREAS / STREETS/SHOPPING CENTERSCONSUMER PROFILEMAJOR RETAILERS PRESENTNEW ENTRANTSTYPICAL RENT FOR UNIT OF 100 SQMRANGE OF UNIT SIZES
Rua de Santa CatarinaLocal shoppersFnac, C&A, Zara, Blanco, Pronovias, Cortefiel, Promod, Benetton.Ericeira Surf & Skate, Pedra Dura45€/sq.m/month50 sq.m - 2,000 sq.m
ClérigosTourists, local shoppers.Marc by Marc Jacobs, Marques Soares, Vista Alegre, Fly London, Paez, Diesel, Hugo BossPinko25 to 30 €/sq.m/month50 sq.m - 1,000 sq.m
NorteshoppingLocal shoppers, workersZara, H&M, Pull & Bear, Bershka, Stradivarius, Oysho, Area, Fnac, Sportzone, Springfield, Cortefiel, Bimba & Lola, Disney Store, Nespresso.PrimarkN/AN/A
Gaia ShoppingLocal shoppersToys’r’us, Worten, Cinema NOS, Cortefiel, Zara, C&A, Fnac, Maxmat, Continente, SportzoneLevi’sN/AN/A
MAR ShoppingLocal shoppers, workersIKEA, Jumbo, Fnac, Sportzone, Rádio Popular, Zara, H&M, Sfera, Lefties, C&A, New YorkerMango, Toys’r’usN/AN/A
Arrábida ShoppingLocal shoppersJumbo, Worten, Sportzone, H&M, Microlândia, UCI Cinemas, Loja do Cidadão, Massimo DuttiNespressoN/AN/A

Data as of October 2015

Porto is well known for its food & beverage offer, a visit to this city always includes a taste of Port Wine and the traditional Francesinha. Together with the authenticity and kindness of the people, this gastronomy richness increased the interest in Porto, considered European Best Destination in 2014. Ribeira is the place for small and traditional restaurants, the Foz zone, close to the ocean, is famous for its fresh fish and seafood restaurants. In Gaia, the south bank of the Douro River, where most of the Port Wine cellars are, there is also place for some gourmet restaurants like The Yeatman. A wide variety of tastes and budgets gives Porto locals or visitors different choices and experiences.

MARKET OVERVIEW
KEY AREASCONSUMER PROFILEFOOD & BEVERAGE OPERATOR INCLUDINGRENT FOR 350 SQM UNIT
Clérigos Tourists, localTwins, Costa Coffee, Hand Go, Linha 2218 to 20 €/sq.m/month
FozTourists, localD’Oliva, Casa d´Oro, Oporto Café, Treze %18 to 20 €/sq.m/month
Ribeira Tourists, localODE Porto Wine House, Peter’s, Mercearia, D.Tonho18 to 20 €/sq.m/month
Food MarketsTourists, localReconversion of old traditional markets into new trendy F&B destinations: Mercado do Bom SucessoN/A

Data as of October 2015


Porto Contacts

Sandra Campos, MRICS

Partner, Head of Retail
Direct:  +351 21 322 47 62
Office: +351 21 322 47 57
Mobile: +351 91 451 80 05