PINGO DOCE – PORTO

GESTOR INVESTMENT PLC. – Bürök utca 34-38. 3rd floor - H-1124, Budapest, HUNGARY
PINGO DOCE –
PORTO
TENANT: PINGO DOCE
KSP (KEY SELLING POINTS)
DESCRIPTION
Pingo Doce is one of the largest supermarket
operators in Portugal with over 390 stores. It belongs to the Portuguese group Jerónimo Martins.
Jerónimo Martins is a Portugal-based international Group operating in Food Distribution, Food
Manufacturing, and Services sectors. As of 2015
December 31, Pingo Doce has over 470.000m2
sales area and over € 3.4 billion sales revenue.
Jerónimo Martins group operates around 2,800
stores in Portugal, Poland, and Colombia. Jerónimo Martins also has industrial facilities focused
on the production of several Unilever brands. This
is carried out through the joint venture company
Unilever Jerónimo Martins. Jerónimo Martins is
listed on Euronext Lisbon, under the code JMT.
• located in CUSTOIAS, an urban area of Porto
The property is located in CUSTOIAS, on the northern part of PORTO. Porto is the second largest city in
Portugal after Lisbon. The urban area of Porto, which extends beyond the administrative limits of the city, has
a population of around 1.4 million in an area of 389 km2, making it the second-largest urban area in Portugal.
• long term contract with supermarket that opened
in 1994
• private car park in front of the supermarket
THE PROPERTY IN NUMBERS
• class “A” tenant
• very high sales revenue
Address:
R. Santiago, 153, 4465-638 Custóias Porto, Portugal
Property type:
grocery retail store
Floor area:
1 425 m 2
Tenant:
Pingo Doce - Jerónimo Martins
Start of lease:
1994.
Duration:
30 years
The listed numbers are indicative and do not constitute an offer or contractual inducement. For authoritative
information, please contact GESTOR Investment Zrt. at (+36 1) 790 1018 or visit www.gestor.hu