ARTICLES LABELLED WITH TAG Pradera

Stage Capital, a European secondaries’ investor, acquired a portfolio of shopping centres in Poland from Pradera Central European Fund. The acquisition was on behalf of Stage Capital Laurel II, Stage Capital’s second fund, and backed from funds managed by Glendower Capital.

The Property Management department at BNP Paribas Real Estate Poland ran the rebranding process for the shopping centres that have recently changed hands from Ikea Centres Polska to the Pradera fund. The new name and corporate design can now be seen in Polish and German locations.

Cushman & Wakefield is responsible for the commercialisation of Pradera’s four retail parks in Poland: Homepark Targówek and Homepark Janki in Warsaw, Homepark Rawa in Katowice and Homepark Franowo in Poznań. The four retail schemes provide more than 100,000 sqm of GLA.

Pradera, a retail property fund and asset manager, has announced the first closing of the Pradera European Retail Parks SCSp, a Luxembourg fund. In a €900 million transaction agreed with IKEA Centres, the Fund has signed a contract to acquire 25 prime retail parks next to IKEA stores in eight European countries, including Poland and the Czech Republic.