CADENA’S SUBSIDIARY, PRADERA SHORTLISTED FOR PROPERTY WEEK GLOBAL REAL ESTATE ACHIEVEMENT AWARD

Press release
London, March 2011

Pradera, the leading retail fund management group, has been nominated by readers of Property Week to the shortlist for the Global Real Estate Achievement award at this years Property Week awards ceremony. The group has received this nomination based on its achievements in its fund and asset management activities in Europe and the UK, as well as for the establishment of its new Pradera Open Ended Retail Fund and its increasing activities in the Middle East and North Africa.

Pradera is the only European property company that has been nominated for this award.

The Pradera companies are subsidiaries of Cadena Group Limited.

For further information, contact Marina Ferri on 020 7539 5443, or marina.ferri@pradera.com