According to Cushman & Wakefield ’s (C&W) European Retail Radar, which is based on an analysis of retail real estate leasing transactions across Europe, fashion remained the dominant retail sector in the first half of 2025, accounting for 37% of all space let. By number of transactions, the mixed-goods sector ranked second, representing 24% of the area let and 17% of transactions concluded between January and June. In third place by number of transactions, the food and beverage (F&B) and personal goods sectors share the podium, with 13% each.

According to João Esteves, retail director at Cushman & Wakefield in Portugal: "In Portugal too, real estate strategy remains central to success in the retail sector. High street retail continued to be the predominant format for new openings, wit

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