EN | PT
Sports Direct opens in Albufeira
5 Jan, 2012, Lisbon
Sports Direct, a British chain of sports apparel, recently opened a store in Makro, in Albufeira, as a tenant of Metro Group (parent company of Makro). This first store in the South of the country has circa 1,500 m2, but the brand will open new stores in Portugal very soon.
Sports Direct is the company that leads the very competitive British market of sports equipment and products. The brand recently invested in expansion into Portugal, and it is targeted to the younger segment and the latest trends in sports fashion.
Cushman & Wakefield acted in representation of the Metro Group, assisting in the search of potential tenants which complement the mix of products offered by the Makro logo.
The Metro Group is thus pursuing its policy of leasing spaces in stores or sometimes vacant stores in their excellent and well-located facilities, and Sports Direct is pursuing its expansion in Portugal.
According to João Pereira, from Cushman & Wakefield’s retail department, “it’s gratifying to close a transaction with such good prospects for both parties. The association with the Makro brand and the privileged location of the store in the large retail consumer area of Algarve lead one to foresee success and a lasting partnership”.