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18 September 2017 PRADERA CONTINUES GROWTH WITH OPENING OF FIRST GERMAN OFFICE Pradera, the specialist international retail real estate fund and asset manager, today announced the opening of its first German office as the company continues its successful growth through expansion across Europe and into Asia. 8 August 2017 Online giant blending offline and online grocery and it's not Amazon Alibaba Group Holding Ltd. has stepped up its efforts to combine physical retail with online in the supermarket space. The Chinese e-commerce behemoth has opened three new membership supermarkets, under the Hema banner, in Beijing and Shanghai, that seamlessly blend offline features with physical retail. 8 August 2017 Rebound in UK investments Europe posted a strong second quarter with over €74bn in investments. This brings the total for H1 2017 to €130bn, which represents an increase of 13% compared to the same period in 2016.

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Pradera representative joins ICSC European Advisory Board

Istanbu-based Alison Rehill-Erguven, Managing Director and Head of Pradera's Turkey office, has been appointed to the International Council of Shopping Centres European Advisory Board.

The ICSC European nominations committee formally offered Alison, who oversees Pradera's third party asset management contract of the Cevahir Shopping Centre in Istanbul, the position in July, along with three others - the CEO of McAruthurGlen, Julia Calabrese, David Gorelick, a senior director at Ralph Lauren and, Anthony Khoi, President of Aerium Turkey. The newly appointed board members will attend advisory board meetings twice per annum for the duration of their three year terms.

Alison has over 15 years of retail real estate experience, half of which has been spent working internationally. Prior to joining Pradera, Alison worked for nine years in the US with General Growth Properties, where she managed international joint ventures and assets in Turkey, Brazil and Costa Rica worth over $500m.

From her current Istanbul base, Alison oversees the asset management of the Cevahir Shopping Centre, one of the largest in Turkey, with almost 100, 000 sq.m of retail and over 20,000 sq.m of leisure space. The centre was recently awarded a prestigious ICSC Sola Marketing Award for an innovative social media and online gaming campaign that was designed to interact with customers and promote random acts of kindness.

Chair of the ICSC European Advisory Board, Alexander Otto, said "I am delighted to welcome four such high profile, experienced and talented retail industry experts to our board, which has a truly global perspective alongside its extensive European retail real estate knowledge. They join an already strong team who give their time and knowledge to drive our industry forward."

ICSC Managing Director, Mike Morrissey, said "Julia, Alison, David and Anthony are great additions to our European Advisory Board which has a vital voice at the heart of Europe. Given the importance of retail real estate to economic growth, job creating and urban regeneration in Europe, a strong ICSC European advisory board is essential to guide the industry forward."

The ICSC is the premier global trade association of the shopping centre industry. It has more than 63,000 members in over 100 countries and links with more than 25 national and regional shopping centre councils throughout the world. The ICSC was set up in 1957 to advance the shopping centre industry and to promote its crucial role in the commercial distribution of consumer goods and services, through educational programmes, conferences, data collation, advocacy and marketing. It also helps maintain high standards of shopping centre professionals.

Alison Rehill, Managing Director, Pradera comments: "I am delighted to accept this appointment and very much look forward to joining some of the world's foremost retail professionals as we continue to support, educate and develop the shopping centre industry. It is a real honour."

Alison holds a Bachelor of Science (International Trade) with honours from the Fashion Institute of Technology, State University of New York and an Executive Certification in International Management from the Garvin School of International Management, Thunderbird University.

 

Pradera News

PRADERA CONTINUES GROWTH WITH OPENING OF FIRST GERMAN OFFICE

Pradera, the specialist international retail real estate fund and asset manager, today announced the opening of its first German office as the company continues its successful growth through expansion across Europe and into Asia.

Read whole story

ASIA’S FIRST ‘DUNGEON’ ATTRACTION TO OPEN FOLLOWING AGREEMENT BETWEEN MOSAIC SHANGHAI AND MERLIN ENTERTAINMENTS PLC

Retail asset management specialist Pradera Retail Asia, the newly appointed Asset Manager of Mosaic Shanghai, has executed a lease agreement with Merlin Entertainments plc (‘Merlin’), the leading global visitor attractions company, to open ‘THE SHANGHAI DUNGEON within Mosaic Shanghai. THE SHANGHAI DUNGEON attraction, the first of its kind in Asia, is due to open in late summer 2018.

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PRADERA APPOINTS JOHN HOPKINS AS FINANCE DIRECTOR

Pradera has expanded its senior management team with the appointment of John Hopkins to the position of Finance Director for its Pradera European Retail Parks Fund (“PERP”).

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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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Ragusa: Ibleo Shopping Centre