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13 March 2019 HOW PRADERA RETAIL ASIA IS TRANSFORMING DESTINATIONS TO COMPLEMENT RETAIL WITH LEISURE "We pride ourselves on being asset driven. Our skill as a quality asset manager lies in market research" 12 February 2019 Only the right leisure experience will add value to your retail asset In recent years the words ‘leisure’, ‘entertainment’, and ‘food & beverage’ (F&B), have become buzzwords throughout the retail property industry. 29 January 2019 BULD'AIR SHOPPING CENTRE - MOBILIER DE FRANCE A new addition to the home retail offer at Buld'Air Shopping Centre, Avignon, France

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Home News & Media Pradera News
Mapic News 2014

TREND IN EUROPE IS TOWARDS IMPROVING 'OUTMODED' SPACE

Refurbishment and quality asset management is the "name of the game" for the next decade in shopping centre investment, a leading European fund manager has said. Speaking to Mapic News, Neil Varnham, managing director of international real estate fund and asset management firm Pradera, said that managers should see opportunities in improving existing centres rather than new acquisitions as an excess of outmoded retail space emerges in Europe. He added: "The next 10 years will be all about asset management not acquisitions. There are a lot of centres in Europe that are outdated; there are very few markets which need new space but there are opportunities to turn shopping centres around".

Eduardo Noguera said that the "pendulum has swung completely" in the Southern European investment market over the past 18 months, with capital increasingly abundant in the market and yields moving rapidly. 

But Nogeura warned that retailers are still reticent about expansion in Southern Europe, where wage growth and consumer confidence are both progressing slowly. He said that Pradera is looking positively at the market but is considering potential investments cautiously and "on a case-by-case basis".

Through its Pradera European Retail Fund (PERF), the firm has just announced a raft of retail signings in Spain, with over 16,000 sq m of space going to brands including H&M and home appliances retailer Media Markt.

Source: MapicNews, 2014

 

Pradera News

HOW PRADERA RETAIL ASIA IS TRANSFORMING DESTINATIONS TO COMPLEMENT RETAIL WITH LEISURE

"We pride ourselves on being asset driven. Our skill as a quality asset manager lies in market research"

Read whole story

Only the right leisure experience will add value to your retail asset

In recent years the words ‘leisure’, ‘entertainment’, and ‘food & beverage’ (F&B), have become buzzwords throughout the retail property industry.

Read whole story

BULD'AIR SHOPPING CENTRE - MOBILIER DE FRANCE

A new addition to the home retail offer at Buld'Air Shopping Centre, Avignon, France

Read whole story

SEDICI PINI SHOPPING CENTRE - FIT EXPESS

Fit Express: Round-the-clock fitness centre opens at Sedici Pini Shopping Centre

Read whole story

KALY SUSHI

New Sushi restaurant

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MOSAIC METROPARK CHONGQING WELCOMES INDOOR ZOO

Moco Zoo opening at Mosaic Metropark Chongqing

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Background Photo:
Ragusa: Ibleo Shopping Centre