Advice for IKEA Centres
25.04.2017
Wardyński & Partners advised on IKEA Centres’ sale of 25 shopping centres to Pradera.
In a EUR 900 million transaction, Pradera acquires 25 shopping centres from IKEA Centres. The properties are located in Germany, France, Poland, Sweden, Finland, Denmark, the Czech Republic and Switzerland. The gross lettable area in the 25 retail parks amounts to approximately 538,000 square metres.
IKEA Centres owns and develops meeting places all around the world, always next to an IKEA store.
The deal is the first for the newly formed fund Pradera European Retail Parks SCSp, which is managed by Pradera.