Savills News

Savills places Yoyoso in Ria Shopping

The global real estate consulting company is once again advising Imocasais in the placement of another brand in the renovated shopping center. This will be the 8th Yoyoso store in Portugal expected to open in the 1st quarter of 2023.

Savills Portugal's Retail Agency Team advised once again the company owner of Ria Shopping, Imocasais, on the placement of Yoyoso in the Olhão shopping center.

The Korean fast fashion designer brand offers customers a variety of more than 5,000 products all in a 420 sq.m space. This will be Yoyoso's eighth store in Portugal, reinforcing its positioning in the country. The opening is expected to the first quarter of 2023. 

Luís Ye, CEO of Yoyoso explains: "This is another important step in the consolidation of our brand. We are very pleased with the entrance of YOYOSO in Ria Shopping in Olhão and believe it will be a success. The brand offers a wide range of very attractive products ranging from toys, travel and home items, beauty items, among many others that Ria Shopping customers will enjoy."

Besides Yoyoso, the Ria Shopping will soon present more openings with the entry of new brands, contributing to the diversity of supply that meets the needs of its visitors. With this opening, Savills Portugal already placed four brands in Ria Shopping in Olhão.

"It is with great satisfaction that the Ria Shopping receives the first Yoyoso store in the Eastern Algarve, the eighth at a national level. A fast fashion brand with a permanent dynamic in offering novelties and that will undoubtedly be an asset to the population of Olhão. We continue to work to bring to the center and to our city new concepts, differentiators and with recognized quality in order to offer a whole new experience to our customers", says Patrícia Alberto, Property Manager of Ria Shopping.

Maria Luísa Branco, Retail Associate from Savills Portugal reinforces: "Savills Portugal is pleased with the work that has been developed at Ria Shopping, together with the Centre's Management. It is a privilege to be able to contribute to the dynamization of this commercial space and to witness the positive impact that these new brands have on the new commercial life of Ria Shopping and on the population of Olhão".

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