Latest News

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

More News


Contacts by location
Pradera Limited
Jubilee House
197-213 Oxford Street
London W1D 2LF
Tel: +44 20 7539 5432
Pradera European Retail Parks TopCo S.à r.l.
14, rue Edward Steichen
L-2540 Luxembourg
Tel: +352 2484 0166
Pradera Management Spain SLU
Edificio Regus C/Pinar 5
28006 Madrid
Tel: +34 91 512 0224
Fax: +34 91 512 0280
Pradera Management Italy S.r.l.
Piazza Cavour 2
20121 Milano
Tel: +39 02 3657 8400
Fax: +39 02 3657 8438
Pradera Gayrimenkul Yönetimi
Meydan Sokak. Mermerler Sitesi
Edin Suner Plaza
A Blok 6A
Tel: +90 212 350 90 71
Fax: +90 212 351 40 49
Pradera Management Czech Republic s.r.o.
Senovazne namesti 8
110 00 PRAGUE 1
Czech Republic
Tel: +420 725 537 170

Republic CZ I Parks Holdco s.r.o.
Senovazne namesti 8
110 00 PRAGUE 1
Czech Republic
Tel: +420 224 423 333
Pradera Management Poland sp. o.o.
Homepark Targówek
Domoteka, 1st floor
Malborska 41 str.
03-286 Warsaw
Tel: +48 22 292 2820
Pradera Management Germany GmbH
c/o Mindspace, Viktualienmarkt 8
D-80331 Munich
Tel: +49 892 109 4393
Hong Kong
Pradera Hong Kong Limited 1202
Ruttonjee House
11 Duddell Street
Hong Kong
Tel: +852 3107 3820
Pradera Retail Asia
Level 5
Unit 502
No. 353 Nanjing East Road
Huangpu District
Shanghai 200001
Tel: +86 21 6029 3599
Careers | Contact details

Home News & Media Retail News


The Eurozone economies continued their slow, some would say painfully slow, economy recovery in 2014 and look set to continue to do so in 2015.  The big development in 2014 was the role reversal of the core and peripheral countries.  In 2014, many of the geographically peripheral Eurozone countries started to show concrete signs of economic recovery, notably in Spain and Ireland.  Even Greece managed to post economic growth for the first time in seven years.  By contrast, the core countries of Germany, France and Italy disappointed.  Outside of the Eurozone, the UK, Sweden and most of Central Europe posted solid growth while the Russian economy slowed precipitously under pressure from sanctions and falling oil prices, with the latter doing by far the most damage.


The major changes in the commercial real estate capital market during 2014 were principally driven by a greater willingness to take risk by both investors and lenders.  Although this was starting to happen towards the end of 2013, there was a much more substantial change in 2014 which set the trend for the year.  This was reflected in:

  • The surge in investment activity in Spain and Ireland and in second and third tier towns in UK and Germany which has taken CRE investment activity to over €200 billion;
  • The sharp fall in yields in these markets;
  • The increase in the availability (and fall in the cost) of debt, both generally and more specifically for investors buying in more secondary markets; and
  • The sharp rise in loan sale transactions – from around €20 billion in 2013 to over €50 billion in 2014.

Consumer sentiment showed great improvement over the course of 2014 and trading conditions and occupier demand have also improved.  However retail sales again presented a varied picture across Europe in 2014 with some markets still facing challenging conditions.  The most buoyant sale growth has bene in Romania, Hungary and the Czech Republic in central Europe and in the UK, Ireland and Sweden in the west, although the “Black Friday” phenomenon may have flattered year-on-year comparisons in some cases.  In contrast, a number of countries have seen sub-1% growth and volumes are actually down in Austria and Finland.


The outlook for 2015 is expected to show a strengthening in retail sales growth across most markets.  Southern Europe will continue to see growth in sales, in particular in Greece, but Italy’s performance will be subdued.  The UK and Slovakia, Romania, Turkey, Hungary and Ireland are expected to continue to see robust growth in 2015 and Russia is the only market expected to see a significant fall in sales volumes in 2015.


Retailers continue to seek out new locations although are increasingly selective about their requirements, as many are trying to navigate and expand their multichannel platforms.  Investment in technology is becoming increasingly important for many retailers as competition, on both a physical and virtual sales front, stiffens.  Although investment into online platforms remains a focus, investment in new store openings and in existing stores is also a priority for many retailers.  Cross- border expansion will continue at a steady pace.


Shopping centre development activity in Europe are following the same geographical pattern as last year, with new construction dominated by emerging markets – Russia and Turkey.  In Turkey the majority of development, certainly the larger schemes, is taking place in the major cities such as Istanbul with smaller scheme development taking place in the outer regions such as Izmir.  The scale of new development is largely due to economic growth in the region, a growing middle class and the increasing demands of cross-border retailers, many of whom have found that the existing retail space in the region does not meet their requirements.  In terms of Western Europe there is very little new space due to enter the market in 2015, the majority of development that is taking place is in Germany and France, elsewhere there is a trend towards refurbishing existing assets to try and refresh schemes.


The major development in the UK has been the teetering of the big supermarket chains under challenge from a combination of low cost, aspirational and convenience competition.   This has resulted in a price war and the recent announcement that once-dominant Tesco are to close over 40 stores and shelve the development of a further 49, mostly large out-of-town, stores.  While the Tesco announcement has been well received by the stock market we can expect further changes to the UK food retailing landscape over the coming year.


Source: EMEA Property market Outlook 2015, January 2015

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.

Read whole story

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.

Read whole story

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.

Read whole story

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.

Read whole story

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.

Read whole story

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.

Read whole story

First 1 2 3 4 5  ... Last 
Background Photo:
Ragusa: Ibleo Shopping Centre