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New-look Pradera set to expand

Paul Whight has restructured his retail property investment firm Pradera as it looks to expand into new markets.


Cadena, his previous retail investment firm, and Cadena UK Retail Estate Fund management business, will be combined and rebranded as Pradera UK.


The firm is launching the Pradera Retail Estate Fund – UK, which will invest in retail warehousing in the UK.


Pradera UK expects to raise £200m by July.


The company’s continental business will be known as Pradera Europe, while the overall holding company will be called Cadena Group.

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