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.

Their primary responsibility will be to oversee the management of Istanbul Cevahir, one of Europe’s largest shopping centres that Pradera manages on behalf of St Martins Management Company. Sabiha and Sevgi have been an integral part of the team that has successfully reconfigured and repositioned the asset in recent years.

Sevgi joined Pradera in 2010, to oversee finance, accounting and reporting. She has over 18 years of industry experience and has worked in the finance departments of multinational businesses from a variety of different sectors. Sabiha joined Pradera in 2007, and was appointed Head of Leasing & Asset Management in 2015.

Sevgi and Sabiha take over from Alison Rehill-Erguven who has been appointed Chief Executive of Pradera Retail Asia, China. However, Alison will continue to oversee Pradera’s Turkish business as Chairman of Pradera Turkey. 

David Fletcher, Chief Executive of Pradera, commented: “We are delighted to appoint Sabiha and Sevgi as joint Head of Turkey. Their skills and experience in the country mean they are excellently placed to run the team and provide best in class fund and asset management services for our clients.”

This increasingly global perspective sees Pradera sharing best practice to further improve performance and returns in a €3.3 billion portfolio that now includes 58 shopping centres and retail parks worldwide.