Pradera Closes Large Deal with Ikea

Nordic — Pradera has announced the first closing of the Pradera European Retail Parks SCSp, a Luxembourg fund. In a EUR 900M transaction agreed with Ikea Centres, the fund has signed a contract to acquire 25 prime retail parks next to Ikea stores in eight European countries.

Ikea Is Close to EUR 1 billion Real Estate Sale to Pradera

Sweden Sweden — Ikea is close to selling 27 retail park surroundings to London based Pradera for approximately EUR 1 billion, according to Bloomberg. Three of the items in the portfolio are Swedish.