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Praedium Development Corporation Acquisitions Strategy
We seek to acquire existing retail properties to expand our portfolio and to create value in these assets through better entrepreneurial management, better marketing, and better leasing. Our acquisitions possess competitive strength and growth for three, five, and ten years into the future. Further, our acquisitions will share some common characteristics:
- An acquisition must create value.
- The property must stand up to the long-term characteristics of other successful retail properties within our portfolio.
- We must know with certainty where the skills of our company will make a difference and improve the property.
- We have developed a strong network of leading brokers and intermediaries who are continuously bringing potential acquisition targets to our attention for our evaluation.
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