Retail specialist Pradera Europe plans to launch its third European retail fund in the second half of the year, chairman Colin Campbell told PropertyEU in an exclusive interview. The vehicle - Pradera European Retail Fund III - is targeting EUR 300 mln of fresh equity from European institutional investors. With leverage of up to 50% the fund will have a spending power of EUR 600 mln.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
