Time Out Group instructs PLMJ on Porto market contract

PLMJ acted for the Time Out Group in the negotiation of the contract to set up the ´Time Out Market Porto’ at the São Bento railway station.

The market, which is scheduled to open in 2017, will have 15 new restaurants, four bars, four stores and an art gallery. It will cover a total area of around 2,200 m².

The PLMJ team advising Time Out was led by partner Tiago Mendonça de Castro, and included senior associate Sofia Coutinho, and associates and Diogo Belard Correia and Francisco Rebello de Andrade.

Tiago Mendonça de Castro said: “We believe this new food market will follow the same model already implemented with the “Time Out Market Lisboa” at Mercado da Ribeira. It will operate not only as a space for excellent regional cuisine, but also as an important hub for urban development, which will contribute to promoting tourism in Porto and, in the medium term, to the urban rehabilitation of the area surrounding it, as happened in Lisbon”.