Retail real estate investment markets in Western Europe have taken a battering in recent years from e-commerce and the Covid pandemic, which have contributed to the hollowing out of oversupplied retail High Streets and hit capital values and rental growth.
Redevco believes these forces are also opening-up great investment opportunities as they are reshaping our cities and driving a ‘secular shift’ away from traditional mono-usage investment models towards mixed-use ‘experience’ place-making formats that are increasingly defining the character of major urban centres. Redevco is uniquely positioned as one of Western Europe’s biggest owners of High Street properties and managing one of Europe’s largest retail park portfolios — with total AUM of about €10 billion encompassing more than 300 buildings – to capture the investment opportunities arising from this urbanisation megatrend. We have embarked on a €1.0 billion pan-European investment programme, out to 2030 – with half that capital expected to be committed over the next few years — focused primarily on our retail assets in urban centres, curating dynamic 24/7 destinations that are more embedded in the rapidly evolving demands of the communities where they are located.
Read the full ‘Thought Leadership’ article at the link below
