New Vila Retail Park in Portimão is scheduled to open at the end of May

The Nova Vila Retail Park represents an investment of more than 20 million euros and will have 17 stores. It was 2012 when a fire destroyed the Portimão Retail Park, which had opened six years earlier, in the Algarve. In 2016, what little remained of the asset was sold by the British Land fund to Multi Corporation, owned by the North American giant Blackstone. And more recently, the destroyed complex changed hands again, this time being at the m…