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28 November 2017 PRADERA APPOINTS JOINT HEADS OF TURKEY OFFICE Pradera, the specialist international retail real estate fund and asset manager, has appointed Sabiha Güleç and Sevgi Ocak as Joint Heads of its Turkey office. 27 November 2017 PRADERA FUNDS AWARDED GREEN STAR FOR GLOBAL REAL ESTATE SUSTAINABILITY BENCHMARK Pradera, the specialist international retail real estate fund and asset manager, has again demonstrated it is setting the standard for sustainable retail real estate, having significantly improved its Global Real Estate Sustainability Benchmark (GRESB) results for 2017 across three of its funds. 21 November 2017 PRADERA RETAIL ASIA NAMES CHIEF EXECUTIVE FOR ITS CHINA BUSINESS Pradera, the specialist international retail real estate fund and asset manager, today announced the appointment of experienced real estate executive, Alison Rehill-Erguven, as Chief Executive of Pradera Retail Asia’s China business.

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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.
Złote Tarasy Skylight, 5th floor
ul. Złota 59
00-120 Warsaw
Poland
Tel: +48 22 222 15 15
Fax: +48 22 222 15 22
Munich
Pradera Management Germany GmbH
c/o Mindspace, Viktualienmarkt 8
D-80331 Munich
Germany
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 Retail News

Demand for out of town retail space is strong

There are many good retail businesses looking for retail space out of town, as a number of the traditional retail park occupiers have reached saturation. This leaves the door open to fringe occupiers to steal a march on the competition now. With so little town centre development taking place the likes of Debenhams, H&M and Primark have begun putting greater emphasis on out of town opportunities.

Where a developer may have had a scheme anchored by M&S, anchor retailers have realised there are good deals to be done where they are in effect kick-starting the scheme. And it is not just the anchor tenants who have realised this opportunity.

The Discount operators continue to acquire aggressively, whilst a number of the well run, smaller retail businesses like Jollyes, Maplin, Hobbycraft, AHF (the Co-op's furniture arm) are taking space which normally would have gone to Currys, Carpetright or similar. This has even spread into the food market where Whole Foods Market are taking new sites ahead of the competition, and even at the other end of the spectrum Lituanica are beating Lidl and Aldi to the discount food space.

Source: UK Retail Warehouse View, Savills June 2012

Retail News

Retail sales forecast to grow in CEE over next decade

EE retail sales are forecast to expand at between 4.2%-7.6% per annum in the next decade, according to a new research report published by broker Colliers International.

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European real estate investment up 12% in Q3 2017

Total real estate investment in Europe reached €66bn in Q3 2017, representing a 12% increase on the same period last year, according to the latest report from global real estate advisor, CBRE.

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Wave of shopping centre closures in the US won’t be replicated in Europe

Europe’s retail market is ahead of the curve in dealing with global structural change, according to a new research report published by JLL. The report - ‘Structural changes in retail – why Europe and the US are different’ - says the wave of shopping centre closures in the US won’t be replicated in Europe thanks to smaller market size, less reliance on department stores and movement towards shopping experiences.

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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.

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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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Sustained strong investment momentum in Germany

The German Commercial property investment market set another record in the first half of 2017 with an investment volume of €25.8 bn, which represents an increase of 45% compared to the year-earlier period.

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Background Photo:
Ragusa: Ibleo Shopping Centre