Pradera secures EUR360 million senior loan facility to refinance its pan-European retail park investment vehicle
Pradera, the leading retail real estate asset, investment and fund management specialist, is pleased to announce the debt refinancing of its pan-European retail park investment vehicle, Pradera European Retail Parks SCSp (the “Partnership”). The Partnership was established in 2017 to acquire retail parks situated adjacent to IKEA stores in 18 locations in Germany, France, Poland and Czech Republic. The original acquisition was financed with a mixture of capital from third party investors and five-year loan facilities, due to expire in...