The first Pradera company, Pradera – AM PLC, was founded mid- 1999 by Paul Whight to act as a specialist management company for retail property funds for Continental Europe. Paul was joined by Colin Campbell in 2000, they both remain non-executive directors of the group. Pradera – AM PLC now trades under the name ‘Pradera,’ operating in much of mainland Europe and the UK. Senior directors and employees are also shareholders in Pradera.
Pradera's highly experienced senior management team is headed by James Bury as Chief Executive. James is supported by Managing Directors, Roberto Limetti and Neil Varnham. The groups European and UK businesses are combined under one executive team which also includes Simon Cairns, Richard Gore, Eduardo Noguera, Scott Quinn, Alison Rehill, Mark Richardson and Barrie Whight. The company now has €2.2 billion of assets under management in 9 countries.
The award winning Pradera team comprises experienced fund managers, a first class finance team and seasoned property professionals with extensive experience and connections in the out-of-town retail property markets in the countries where the retail properties are located. Pradera complements its own team by regularly using the same highly regarded professional advisors in each country, which ensures an efficient acquisition process for sellers and developers. Pradera teams work from offices in London, Luxembourg, Madrid, Milan, Athens, Istanbul, Prague and Warsaw.
Pradera is currently looking for new retail investment opportunities on the edge of major cities in France, Spain, Italy, Turkey, Poland, the Czech Republic and the UK. These can be existing properties, portfolios or new developments and typically cost from €30-150 million per property. In addition to investing in existing properties, Pradera is keen to start talking about development projects at an early stage to get the best from a concept to the seller’s (and Pradera’s) benefit.
Pradera is also open to further separate account mandates with a small number of strategic long-term investors to take advantage of ad-hoc market opportunities.
This diverse and growing portfolio offers retailers the opportunity to gain representation in strong markets quickly and efficiently. In discussion with Pradera, expansion and relocation plans can be rapidly advanced.