PPR buys Watford centre shops
PPR Estates (PPR) is pleased to confirm the acquisition of five more retail shops in The Parade, Watford to add to our town centre portfolio. Located at the busy heart of Watford’s High Street Pedestrian zone, this addition of over 10,000 sq ft of prime Class E space will contribute further value to the fund.
Jon Caplan, PPR’s MD added “Watford is a key shopping, leisure and commercial centre inside the M25 that performed well in our strategic town centre data rankings. We are pleased to welcome Pret, Shoezone and the other tenants in The Parade to our portfolio.”
PPR owns and manages over 60 commercial and retail sites and premises in various High Street locations across Southern England, as well as a substantial residential portfolio. We are focused on mixed-use, town centre regeneration to meet the flexible needs of modern society, whilst creating value. PPR has substantial funds available for further acquisitions and investment.