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15 May 2017 Growth in Continental Europe remains robust in Q1 2017 Europe commercial real estate investment totalled €56.1bn in Q1 2017 according to CBRE. Trading activity in continental Europe increased despite elections in several notable markets. 15 May 2017 Retail park vacancy rates hit record low in the UK Vacancy rates in the retail warehouse market have fallen to their lowest level in more than 15 years. Research by Trevor Wood Associates said vacancy rates have fallen to 5.3%, down from 5.9% last year and well below the peak figure of 11.8% recorded in 2009. 15 May 2017 Globalisation is alive and well in the real estate sector Cushman & Wakefield’s 2017 Atlas Summary report tells the investment stories that are driving the market ahead. Despite political uncertainty, rising populism and the threat of protectionism, cross border real estate investment interest remains high and capital continues to flow in and around all areas of the world.

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Meydan Sokak Mermerciler Sitesi
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Akatlar, BeÅŸiktaÅŸ
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Senovazne namesti 8
110 00 PRAGUE 1
Czech Republic
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Fax: +420 224 423 333
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Pradera Management Poland
Sp. z o. o.
ZÅ‚ote Tarasy Skylight, 5th floor
ul. ZÅ‚ota 59
00-120 WARSAW
Poland
Tel: +48 22 222 15 15
Fax: +48 22 222 15 22
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Pradera Hong Kong Limited 1202
Ruttonjee House
11 Duddell Street
Central
Hong Kong
Tel: +852 3107 3820
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Pradera Retail Asia
Level 5
Unit 502
No. 353 Nanjing East Road
Huangpu District
Shanghai 200001
China
Tel: +86 21 6029 3599
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Home News & Media Pradera News

GREEN LIGHT FOR RETAIL PARK SCHEME

Plans to refurbish a retail park in Bedfordshire in a move which will create more than 100 jobs and attract more than £4m of investment have been given the green light.
Central Bedfordshire Council has approved a planning application to refurbish Dunstable's White Lion Retail Park after completing a revised section 106 agreement with park owner Pradera.
The long unoccupied former Staples and Comet stores will be subdivided to allow new retailers to move in, including M&S Simply Food and Next.
Unit one on the retail park will be divided up to provide three new units with additional mezzanine floorspace, one of which will be for Next. The fashion retailer, which was poised to leave the town altogether, will now increase its floorspace by five times, transfer its existing 18-strong workforce from its Quadrant Shopping Centre store and offer 29 additional positions.
M&S Simply Food will move into a refurbished unit five, providing approximately 50 jobs while Brantano and Sports Direct are negotiating to open new stores in the retail park, which would provide 15 and 16 new roles respectively.
Nigel Young, Central Bedfordshire Council's executive member for regeneration, said: "This is a fantastic boost for Dunstable. A refurbished White Lion Retail Park will further enhance the reputation of the town as a great place for shopping, leisure and culture.
"Over the last two years a wide range of regeneration projects and developments has been breathing new life into this traditional market town, improving infrastructure, leisure and social facilities across the board."
Pradera director Barrie Whight added: "We expect the new offering at the park to become increasingly popular with retailers, as the demand from Next and M&S Simply Food demonstrates. We are working closely with the Central Bedfordshire Council and current occupiers of White Lion Retail Park to ensure any changes deliver a variety of benefits in the short and long term, both to retailers and to the wider Dunstable community.
"Pradera is committed to adding value to its retail portfolios and we see a great opportunity to do so in Dunstable, specifically through the refurbishment of a number of units at the park."
Souce: InsiderMediaLimited, 2015

Pradera News

PRADERA RETAIL ASIA APPOINTED ASSET MANAGER FOR A FOURTH SHOPPING CENTRE IN CHINA

Pradera Retail Asia has been appointed asset manager of Mosaic Chongqing Metro Park, a 100,000 sqm shopping centre in the urban city of over 18 million people in Southwest China, further bolstering Pradera Retail Asia expansion in the region.

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PRADERA COMPLETES FIRST ACQUISITIONS FOR PRADERA EUROPEAN RETAIL PARKS FUND IN EUR 900 MILLION DEAL WITH IKEA CENTRES

Pradera, one of Europe’s leading specialist retail property fund and asset managers, has completed the first acquisitions for the Pradera European Retail Parks SCSp, a Luxembourg fund which in March signed a EUR 900 million transaction with IKEA Centres to acquire 25 retail parks in eight European countries.

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PRADERA LAUNCHES EUROPEAN RETAIL PARKS FUND IN EUR 900 MILLION DEAL WITH IKEA CENTRES

Pradera, one of Europe’s leading specialist retail property fund and asset managers, has today announced the first closing of the Pradera European Retail Parks SCSp, a Luxembourg fund. In a EUR 900 million transaction agreed with IKEA Centres.

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PRADERA NAMES STEFANIA EMANUELE AS FINANCE DIRECTOR, SOUTHERN EUROPE

Leading specialist retail fund and asset manager Pradera today announced the appointment of Stefania Emanuele to the role of Finance Director, Southern Europe.

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PRADERA MAKES SENIOR HIRE FOR ASIA JOINT VENTURE

Pradera, one of Europe’s leading specialist retail property fund and asset managers, today announced the appointment of Rhys Evans to the position of Head of Asset Management for its Pradera Retail Asia, the joint venture with Macquarie Retail Real Estate Management Limited announced in September.

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BARRY COX JOINS PRADERA RETAIL ASIA

Pradera, the specialist retail fund and asset manager, today confirms the expansion of its Asian team with the appointment of Barry Cox as Head of Business Development to Pradera Retail Asia, the joint venture with Macquarie Retail Real Estate Management Limited (a subsidiary of Macquarie Infrastructure and Real Assets (Hong Kong) Limited (MIRA)) announced in September.

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Ragusa: Ibleo Shopping Centre