The Savills Retail Department was responsible for the leasing transaction of TEDi’s new store at Alfândega Park in Alverca. This space, spanning approximately 1,280 sq m, is part of the brand’s expansion strategy in Portugal, which already includes over 3,200 stores across 15 countries.
Strategically located on the Estrada Nacional 10, this new space benefits from excellent accessibility to major motorways and high daily traffic routes. This location highlights the commitment of the Savills Retail team to working across various market segments, offering solutions that meet the needs of both landlords and brands.
Since its founding in Dortmund, Germany, in 2004, TEDi has stood out for its broad range of products that align with the latest market trends. Its stores offer a wide variety of items that inspire creativity and simplify consumers’ daily lives.
The Savills Retail team has been a key partner for several brands establishing themselves in the country, with this transaction further supporting the implementation and growth of a brand in a prime location.
Fernando Strubing Gomes, General Manager at TEDi, emphasises the strong collaboration between the company and Savills, highlighting the importance of this partnership in the market: “We have had the privilege of collaborating with Savills on several occasions, and each project represents an opportunity to strengthen our relationship and achieve increasingly significant results. Our mutual satisfaction with the outcomes achieved so far reinforces our belief that this partnership will continue to generate great projects in the future.”
José Galvão, Head of Retail at Savills, comments: “Savills considers TEDi to be the right tenant for Alfândega Park. This is yet another successful leasing transaction in a retail park. In addition to our extensive experience in high street retail, this transaction once again demonstrates Savills’ versatility across all formats and segments within the retail sector.”