The Pradera Open-Ended Retail Fund (“POERF”) is focused on the retail property sector in Europe. POERF was launched as a German mutual fund in December 2009 and then restructured into a German institutional “Spezialfonds” in April 2013. The fund currently comprises seven retail properties in the UK, Germany and Poland, with further acquisitions in the pipeline.
Focus on shopping centres and retail parks
Multi-country diversification (primary focus on UK, Germany, Poland and France)
Focus on completed and leased properties only