Pradera Open-Ended Retail Fund

The Pradera Open-Ended Retail Fund (“POERF”) had its first closing in December 2009.  It targets shopping centres and retail parks in a value range between €30-€70 million across Europe, with a 30% limit on non-Eurozone countries.  The Fund is structured as a German KAG (Publikums-Immobilien-Sondervermögen) with daily unit pricing.  POERF is managed by Pradera Europe.

Key features:

• Sector specialist Fund for shopping centres and retail parks
• Focus on:  Eurozone (30% limit on non-Eurozone countries)
• 50 per cent loan-to-value gearing limit
• Institutional investors only
• “Core” risk-return profile

Contact Simon Cairns simon.cairns@pradera.com or James Bury james.bury@pradera.com for further information about this Fund.

Printable Map: 

Pradera Open-Ended Retail Fund - Property Locations