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27 July 2018 Pradera and joint venture partner AXA Investment Managers - Real Assets complete acquisition of the 8Gallery shopping centre in Turin, Italy, for €105 million Pradera and AXA Investment Managers complete acquisition of the 8Gallery shopping centre in Turin, Italy. 23 May 2018 Mosaic Shanghai welcomes Fila's largest flagship store in Greater China Retail asset management specialist Pradera Retail Asia, the asset manager of Mosaic Shanghai, announced today that international sportswear brand FILA has relaunched its flagship store at Mosaic Shanghai. 13 March 2018 Mosaic Qingdao Welcomes Opening of the First Eartharbor Store in Qingdao Eartharbor, which innovatively combines boutique supermarket, specialty restaurants and IP concept, joins an expanding list of retailers merging online and offline experiences as people shift to quality-oriented purchases and experience-based consumption.

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Meydan Sokak. Mermerler Sitesi
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A Blok 6A
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Fax: +90 212 351 40 49
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Senovazne namesti 8
110 00 PRAGUE 1
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Homepark Targówek
Domoteka, 1st floor
Malborska 41 str.
03-286 Warsaw
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Tel: +48 22 292 2820
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Pradera Management Germany GmbH
c/o Mindspace, Viktualienmarkt 8
D-80331 Munich
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Tel: +49 892 109 4393
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Pradera Hong Kong Limited 1202
Ruttonjee House
11 Duddell Street
Central
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Tel: +852 3107 3820
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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 Pradera News

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. 

Pradera News

Pradera and joint venture partner AXA Investment Managers - Real Assets complete acquisition of the 8Gallery shopping centre in Turin, Italy, for €105 million

Pradera and AXA Investment Managers complete acquisition of the 8Gallery shopping centre in Turin, Italy.

Read whole story

Mosaic Shanghai welcomes Fila's largest flagship store in Greater China

Retail asset management specialist Pradera Retail Asia, the asset manager of Mosaic Shanghai, announced today that international sportswear brand FILA has relaunched its flagship store at Mosaic Shanghai.

Read whole story

Mosaic Qingdao Welcomes Opening of the First Eartharbor Store in Qingdao

Eartharbor, which innovatively combines boutique supermarket, specialty restaurants and IP concept, joins an expanding list of retailers merging online and offline experiences as people shift to quality-oriented purchases and experience-based consumption.

Read whole story

Pradera Retail Asia to welcome Asia’s first Dungeon attraction to Mosaic Shanghai

Retail asset management specialist Pradera Retail Asia, the asset manager of Mosaic Shanghai, delivers a warm welcome for the introduction of The Shanghai Dungeon at Mosaic Shanghai. A groundbreaking ceremony was held today, marking the first public debut of the ‘Dungeon’ attraction in Asia.

Read whole story

Mosaic Shanghai Launches M-Square to Create Exciting New Landmark

Global retail asset management specialist Pradera Retail Asia, the asset manager of Mosaic Shanghai, has announced today the opening of M-Square at Mosaic Shanghai, with a ceremony attended by senior executives from Pradera Retail Asia and Mosaic Shanghai, as well as tenant representatives

Read whole story

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.

Read whole story

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Background Photo:
Ragusa: Ibleo Shopping Centre