Barreiro Retail Planet, Portugal
Status: Fully operating asset
Uses: Retail and F&B
Milligan entered the Portuguese market, making our stamp in Europe, with Barreiro Retail Planet.
The scheme opened in November 2010 in Greater Lisbon to rave reviews and record opening sales. Barreiro was an innovative retail concept bringing together both retail park and shopping centre formats.
- Within the first year Barreiro was 97% let and despite challenging economic conditions the performance of the centre stayed on target
- There were 50,000 shoppers who flocked to the weekday opening and key tenants reported that it had the best opening sales in 10 years