The Designer Outlet Algarve, which its developer says will be the largest such example in the south of Portugal, will be opening its doors this autumn.
Located next to the new IKEA store near Loulé, the development is being promoted by Retail Outlet Shopping,* an Austrian company which is talking of 110 stores being built in two phases.
The Designer Outlet Algarve aims to attract shoppers by announcing big discounts on designer brands of shoes and accessories, sports kit, household goods and children's clothing.
The press release trots out the usual reference to “strengthening the dynamism of the Algarve throughout the year, aiming to fight seasonality through permanent access to the best brands of clothing and lifestyle in an area inspired by the region."
The design of this new area is planned to reflect regional architecture in a ‘village concept,’ in the open air, offering an 'image of what is truly the Algarve,' according to the Austrians.
With the IKEA store already open and doing a brisk business in kitchen design and supply, and with Mar Shopping scheduled to open on September 27th, the Designer Outlet is the last element in this vast shopping area.
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* ROS Retail Outlet Shopping, based in Vienna in Austria, is a young consulting and management company of commercial real estate specialised in designer outlets and innovative outlet shopping concepts.
Founded in 2011, ROS Retail Outlet Shopping started as new owner-managed consulting and centre management company specialised in designer outlets and innovative shopping concepts outlets.
The development or relaunch of retail properties is among the founders Thomas Reichenauer and Gerhard Graf in professional hands. They have combined 20 years of experience in international development and operation of commercial real estate.
The portfolio of ROS Retail Outlet Shopping includes the following projects
Designer Outlet Soltau (Germany)
City Outlet Geislingen (Germany)
Premier Outlet Budapest (Hungary)
Shopinn Brugnato 5Terre Outlet Village (Italy)
Designer Outlet Algarve (Portugal)
Designer Outlet Croatia (Croatia)
Designer Outlet Zaragoza (Spain)
Fashion Outlet Kraków (Poland)
City Outlet Wuppertal (Germany)
Home & Design Outlet Santhià (Italy)
City Outlets Paris (France)
Together with our joint venture partner Peakside Capital:
Designer Outlet Warszawa
Designer Outlet Gdańsk
Designer Outlet Sosnowiec
Fashion Outlet Kraków
Further information www.ros-management.com
