Pradera Lateral makes senior addition to management team
Retail asset management firm Pradera Lateral has made a senior addition to its management team with the appointment of Rob Jewell.
A retail real estate specialist, Jewell brings asset management and investment expertise with over 18 years in the sector.
Beginning his professional career at ING REIM where he repurposed assets within the core commercial and living sectors, Jewell then moved to Landsec where he was responsible for the asset management of a shopping centre portfolio worth over £2bn. Flagship assets in the portfolio included Trinity Leeds, White Rose, St David’s Cardiff, and Buchanan Galleries Glasgow.
He then moved to Axis Retail Partners, an investment and asset management business where he was managing director.
Founded in 2000, Pradera’s £2.9bn portfolio extends to just under 183 million sq ft and comprises 59 shopping centres, retail parks, and grocery assets, with over 2,500 stores in 10 countries. The company’s UK business extends to 53.8 million sq ft and includes assets such as Trafford Centre in Manchester, Bristol’s Cribbs Causeway, and Eldon Square in Newcastle.
In his new role, Jewell will work on the existing UK portfolio and will look to utilise the business’s resource and talent pool to continue delivering on objectives, whilst also capitalising on opportunities in the wider retail market.
Rob Jewell said: “I’m incredibly excited to be joining Pradera Lateral at an important moment in the company’s growth. Retail is a complex, operationally intensive sector where the manager has a material influence on the performance of the asset. Pradera Lateral has proven specialist retail expertise to deliver that outperformance.”
Rhys Evans, managing director of Pradera, added: “Off the back of what has been a strong period for the business in the UK, we are continuing to grow and strengthen our team to expand our assets under management. Having Rob on board will bring new knowledge and experience to support our current and future investment strategies. We are thrilled to have him join the team.”