Scientific & Practical Journal
Editorial News
The events of recent weeks demonstrate high business activity in the field of logistics. This is confirmed by the emergence of new non-standard events, such as the first Congress of Managers and Specialists in Logistics and Supply Chains of Manufacturers and Retailers, participants and partners of the Council of Supply Chain Professionals, as well as the first Russian Forum – "Logistics Leaders 2018" where the leaders of international and Russian companies gathered.
The spring of 2018 was full of events. In April we took part in the TransRussia exhibition 2018, then we left for the CeMAT exhibition in Hanover, where according to traditions “LOGISTICS” journal presented a digest in English – RUSSIAN LOGISTICS JOURNAL – to the audience. Then we left Hanover for Ireland to be present at the opening of a new plant of the Combilift company. The report materials on the results of these events can be found on the pages of the new issue.
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JLL advises Pradera on acquisition of 25 prime retail parks across Europe in EUR 900 million investment
London
JLL’s European Capital Markets Retail team has advised Pradera, one of Europe’s leading retail property fund and asset managers, on the acquisition of 25 prime retail parks, comprising approx. 538,000 sq m across Europe. The €900 million investment is the first closing of the Pradera European Retail Parks SCSp fund.
The portfolio of retail parks situated next to IKEA stores comprises around 500 units. Completion on 17 assets located in Germany, France and Poland is expected on 4 April 2017, with a further eight retail parks in Sweden, Finland, Denmark, the Czech Republic and Switzerland due to complete on 31 August.
Jeremy Eddy, Head of European Retail Capital Markets, JLL, said: “We were delighted to support Pradera on this complex European transaction, using our local and European expertise. The deal reflects the confidence in the European retail market for strong defensive locations, where the addition of proactive asset management skills can drive performance. The European retail warehouse sector offers the opportunity to secure long term income from strong covenants and we expect to see further investment into this sector in 2017 as investors seek income security and enhanced returns.”
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