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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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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.

FTSE 100 listed Next, the British clothing, footwear and home products retailer opened the doors of its new 8,000 sq. ft. store, which includes a 1,700 sq. ft. Costa Coffee concession, on 27 September, while labels-for-less retailer TK Maxx is set to unveil its 10,000 sq. ft. space on 20 October.

Shoe retailer Brantano was the first of the trio of new lettings to open, with its 6,000 sq. ft. unit welcoming shoppers on 21 September.  Hannah Patterson-Waterson, manager of the Dunstable store, said: “We are delighted to open one of our brand new stores in this convenient location.  “With the jobs it has created we hope it has provided a boost for the local economy.”

Pradera obtained consent to subdivide Unit 1, previously occupied by Staples, to accommodate Next (Unit 1A) and Brantano (Unit 1B). TX Maxx moves into Unit 5, previously occupied by former electrical retail chain Comet.

Simon Cairns, Director, Pradera, said: “Next, TK Maxx and Brantano represent a significant milestone in our asset management of the property. We’re delighted to welcome these three major brands which will improve the retail offer for the local community”.

The three new major lettings are expected to create in excess of 100 new jobs in the town and have already encouraged interest for the remaining units at the purpose built 136,000 sq. ft. (12,600 sqm) retail park, owned by the Pradera Open-Ended Retail Fund (POERF). A further round of lettings is expected to be delivered towards the end of 2016.

Cllr Nigel Young, Executive Member for Regeneration, Central Bedfordshire Council, said: “We’re delighted Next is able to improve its presence in Dunstable, which will act as a further boost to the local economy. The town is an increasingly attractive location for business and retailers and part of that is a testament to our regeneration work. I understand Pradera is in discussions with a number of other national retailers regarding the remaining vacant units.”

The retail park now comprises 13 individual units in two terraces with two restaurant units situated at the entrance.  The scheme is adjacent to a Sainsbury food superstore. Existing principal occupiers include DW Sports, Halfords, Laura Ashley and Pets at Home. The area benefits from excellent links with the M1 (J11) passing through the eastern edge of the town, providing an efficient link to the national motorway network. London is 25 minutes away by train from Luton.

Central Bedfordshire Council has plans to revitalise the centre of Dunstable through its new Market Towns Regeneration Fund and the High Street Improvement Scheme. The immediate and wider area are earmarked for 29,000 new homes with 7,000 already consented within the Dunstable and Houghton Regis locations. A new guided busway has recently opened providing a fast connection between Luton and Dunstable with a station stop at White Lion Retail Park.

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 NAMES ROBERTO LIMETTI AS HEAD OF EUROPEAN PROPERTY

Pradera, one of Europe’s leading specialist retail fund and asset managers, today announced the appointment of Roberto Limetti to the new position of Head of European Property.

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