BNP Paribas Real Estate has been appointed by Pradera to manage 25 retail parks and shopping centres around Europe.
Pradera will continue to act as asset manager for the sites, which are located in eight countries. It bought the 25 Ikea Centres in early March.
Csongor Csukas, executive director international property management at BNP PRE, said: “It is a great opportunity to work on medium-long term strategic and cross-border challenges with an expert in retail investment like Pradera.”
