POERF

Opportunity to Invest Image: 

POERF: Existing “core” German Open-Ended Fund (i.e. KAG approved by BaFin) for Western Europe.  Target net IRR: 8-10%.  Cash yield: 5%+.  Gearing: 50%.  Managed by Pradera Europe.

Pradera Europe is raising capital on an on-going basis for its Pradera Open-Ended Retail Fund (“POERF”), which had its first closing in December 2009.  POERF is structured as a German KAG  (Publikums-Immobilien-Sondervermögen) and targets shopping centres and retail warehouse parks across Europe, with a 30% limit on non-Eurozone countries.