Pradera Turkish Retail Fund

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Pradera Turkish Retail Fund: New closed-ended Fund for Turkey. Target net IRR: 17-19%. Cash Yield: 7%. Target gearing: 50%. Managed by Pradera Europe.

Pradera Europe are currently capital raising for the first issue of Units in the Pradera Turkish Retail Fund. The Fund is targeting solid income producing shopping centres in the major cities of Turkey. The Fund is structured as a Luxembourg FCP.