Portugal Retail Market Dynamics, Q1 2026

The retail sector has initiated 2026 on a notably robust footing, supported by strong consumer spending that saw retail sales increase by 5.0% YoY.

Sustained occupier demand has kept prime high street rents stable at peak levels across key locations, with the grocery segment experiencing a rental uplift this quarter.

The outlook points to sustained demand, driven by experiential retail, a robust food sector, and a focus integrating physical stores with digital strategies.