The reconstruction of the Portimão Retail Park, destroyed by fire last September, will cost an estimated €20 million, money that needs to be collected from various insurers, according to the president of the real estate company that manages the site.
The fire destroyed outlets of Continent, Moviflor, Radio Popular, DeBorla, Staples, Aki and Decathlon but the rebuilding is held up by complex negotiations involving multiple insurers.