Property management company Pradera announced it has acquired the Tuscia shopping centre in Viterbo, central Italy, on behalf of its Pradera European Retail fund II. The exact price of the transaction was not disclosed, but head of Italy at Pradera Roberto Limetti told PropertyEU that the 'transaction is valued sat more than EUR 55 mln.'
Listed REITs and banks, British Land, Capital & Regional and Wells Fargo, bought and sold four shopping centres and retail parks this week.
