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15 March 2017 Germany is ahead of the UK as the most attractive place to invest & the Nordics enters the top three The most attractive country for real estate investments in EMEA. Germany (22%) retains the top spot, beating the UK (20%) for the second consecutive year. 13 March 2017 Global Consumers feel the pinch Household spending around the world has benefitted from three powerful tailwinds in 2014-2016 namely cheap money and low debt servicing burdens, cheaper energy and second round effects via transport costs and recovering labour markets shifting millions of unemployed into work. 8 March 2017 Retail tenants emerge from cyberspace Many online retailers have recognised the need to create a physical shopping experience for their customers and further market their brands as they grow.

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Contacts by location
London
Pradera Limited
Eldon House
2-3 Eldon Street
London EC2M 7LS
England
Tel: +44 20 7539 5432
Fax: +44 20 7504 8425
Madrid
Pradera Management Spain S.L.
C/ Jose Ortega y Gasset, 20 7a
28006 Madrid
Spain
Tel: +34 91 512 0224
Fax: +34 91 512 0280
Milan
Pradera Management Italy S.r.l.
Piazza Cavour 2
20121 Milano
Italy
Tel: +39 02 3657 8400
Fax: +39 02 3657 8438
Istanbul
Pradera Garimenkul Yönetimi Ve Ticaret Limited Sikreti
Meydan Sokak Mermerciler Sitesi
Edin Suner Plaza A, Blok 6A
Akatlar, BeÅŸiktaÅŸ
Istanbul
Turkey
Tel: +90 212 350 90 71
Fax: +90 212 351 40 49
Prague
Pradera Management Czech Republic
Senovazne namesti 8
110 00 PRAGUE 1
Czech Republic
Tel: +420 224 423 331
Fax: +420 224 423 333
Warsaw
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
Hong Kong
Pradera Hong Kong Limited 1202
Ruttonjee House
11 Duddell Street
Central
Hong Kong
Tel: +852 3107 3820
Shanghai
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 Press Releases

Pradera secures Peacocks and Poundworld at Springhill Retail Park, Bangor.

Peacocks has re-established itself in the Northern Irish retail market, opening a 5,000 sq. ft. unit at Springhill Retail Park, in the south west of Bangor. The fashion brand was courted to the park by the joint venture owners, Brockton Capital and Pradera.

The JV also secured another high profile occupier for the site, with Poundworld opening a further 5,000 sq. ft. unit before Christmas.

The deals represent a major coup for the town, bringing a new range of affordable shopping to the local community.

Peacocks Stores Limited, part of The Edinburgh Woollen Mill Group, has chosen Springhill Retail Park as opposed to the local shopping centre, Bloomfield, in a further sign that the out of town retail market is growing in popularity throughout the UK.

Duncan Costin, Group Head of Acquisitions, said: “We’re delighted to be opening a Peacocks store in Bangor again. The stores we’ve re-opened in Northern Ireland so far have been very well received by the public and are trading successfully. We’re also pleased to be able to help boost the local economy by creating nearly 20 full and part time jobs in the town.

“There is certainly room for around 20 more stores over the next 2-3 years in Northern Ireland, if we can secure suitable premises.”

Jonathan Martin from Lambert Smith Hampton adds: “The out-of-town market is ever strengthening in Northern Ireland and there has been a significant growth in confidence in Springhill specifically “The scheme is well let, with limited voids and strong retailer interest in the remaining few units.

“This success signals a change in the way we view the retail park too. The traditional park has evolved into a key shopping destination and Springhill is the perfect example of this, accommodating retailers such as Next, New Look, Heatons, Sports Direct, Peacocks, B&M and Starbucks.”

Richard Gore, a Director at Pradera, commented: “Our strong asset management disciplines and focused approach means that we are constantly making targeted decisions to ensure that  we achieve the optimal tenant mix which is complementary to both tenants’ and the local community’s requirements.

“We believe that both Peacocks and Poundworld will trade exceptionally well here and will contribute to the growth and sucess of the park. We welcome them to Springhill.”

The Springhill Retail Park is an Open A1 Retail Park anchored by a 6,968 sq. m. Tesco supermarket, with an additional 9,290 sq. m. of retail warehouse units. Other key tenants include New Look, Sportsdirect, Heatons and B&M.

Completed in 2008, the scheme sits alongside the main A2 arterial, just 2km from Bangor City Centre. It benefits from 984 parking spaces split over two levels. 

Press Releases

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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PRADERA NAMES DAVID FLETCHER AS CHIEF EXECUTIVE

Pradera, one of Europe’s leading specialist retail property fund and asset managers, today announced the promotion of David Fletcher to Chief Executive.

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PRADERA SECURES THREE MAJOR RETAIL BRANDS AT WHITE LION RETAIL PARK, DUNSTABLE

Pradera, one of Europe’s leading specialist retail fund and asset managers, secures three high profile occupiers at its White Lion Retail Park, Dunstable, UK.

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Ragusa: Ibleo Shopping Centre