10 February 2014

Pradera appoints new managing director to the executive team

Pradera, the specialist retail sector fund and asset manager, has promoted Turkey-based Alison Rehill-Erguven to Managing Director, signifying the company's strengthening position in the emerging market. She reports to CEO James Bury and sits alongside existing managing Directors, Roberto Limetti and Neil Varnham.

From her Istanbul base, Alison currently oversees the company's third party asset management contract of the Cevahir Shopping Centre, one of the largest in the country at almost 100,000 sq. m of retail and over 20,000 sq.m of leisure space. She will remain Pradera's Head of Turkey in conjunction with this directorial role.

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.

James Bury, CEO, Pradera, comments: "Pradera sees Turkey as a key growth area. Its youthful population and growing demand for international brands has seen various new retail schemes enter the development pipeline. There is great potential for retail investors here, particularly if assets are developed and managed appropriately.

Utilising her experience in emerging markets, Alison has demonstrated a talent for improving and growing our assets in Turkey. Her expertise makes her a valued addition to the senior management team."

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