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Pradera Buys Spanish Supermarket Portfolio for €130M on Behalf of German Pension Fund

Portfolio Comprises Six Hypermarkets in Northern Spain
Source: Getty Images
Source: Getty Images
CoStar News
November 10, 2020 | 12:43 P.M.

Pradera, the European retail property fund and asset managers with €3.1bn of assets under managment, has completed the acquisition of a portfolio of six hypermarket assets in northern Spain on behalf of German pension fund Nordrheinische Ärzteversorgung (NAEV), whose real estate fund is administered by Universal-Investment Luxembourg.

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