Redevco is a European & UK focused real estate investment & regeneration specialist. Redevco’s vision is to create amazing real estate outcomes for clients and be a force for good in the built environment. As a proprietary investor, we seek to help cities become more sustainable and liveable. On behalf of our clients, and often invested alongside them, Redevco invests in properties with a view to developing future-proof and vibrant places in dynamic locations where people want to live, work and/or play. With 25 years of experience and strong financial backing, Redevco delivers specialist investment strategies considering opportunities to redevelop retail properties into vibrant mixed-use or best-in-class high street assets, expand our significant retail warehouse park and distribution platform, grow our presence across the broader pan-European residential and ‘living’ space and target special situation investments through our newly established Redevco Capital Partners business. As a trusted and professional partner, we combine local real estate knowledge and the scale of our pan-European platform, creating value for both investor clients and occupiers. Redevco is committed to making the combined portfolio managed on behalf of its clients net-zero carbon by 2040. We manage a portfolio of around 312 assets in 12 European jurisdictions.
Our pan-European platform enables us to use our scale to share knowledge and expertise across country teams operating out of Amsterdam, Brussels, Dusseldorf, Hamburg, London, Madrid, Paris and The Hague. Our well-established local teams have a solid track record in investment, portfolio, asset & development, and transaction management. Redevco combines this local presence, skills, and network with the support of functional experts in the areas of fund management, business development, research & strategy, governance, risk & compliance, legal and tax, finance and reporting, innovation, and sustainability. Redevco’s global transaction and asset & development management teams are led centrally but operate locally with dedicated teams on the ground.
Redevco is part of COFRA Holding AG, a group of businesses founded over 180 years ago from the deeply rooted belief in being a force for good. COFRA’s businesses operate in industries that are integral to fostering a more just and sustainable world. They support system transitions towards liveable cities, a more circular production and consumption system, cleaner energy and sustainable food, underpinned by the move towards more responsible capital. Redevco, with more than €9.0bn assets under management, continues to extend its investment platform with partners and will consider a variety of investment vehicles to broaden our investor base and create meaningful impact together.
Investment principles & strategy
As a European real estate management firm we focus on performing for clients through specialised investment strategies that deliver sustainable returns.
With Force for good at the forefront of our investment management philosophy and our legacy built on our conviction to drive positive impact, we are strongly committed to corporate responsibility, and strive to minimise the environmental impact of our activities and the properties we manage by reducing the carbon footprint of our operations and by continuing to future-proof our assets. At the end of 2019, we introduced Mission2040: our journey to make our entire portfolio net-zero carbon by 2040. To further drive action, we have formally committed to setting a science-based target and reduce our emissions by 50% by 2030 compared to baseline. Science-based targets show companies how much and how quickly they need to reduce their greenhouse gas (GHG) emissions to prevent the worst effects of climate change. This now makes us part of the race to net zero.
At Redevco, we use our deep knowledge of cities, strong investment management capabilities and outstanding asset management skills to create, maintain and enhance value. We ensure that the real estate portfolios we manage on behalf of our investor clients optimally reflect their needs and deliver above-average returns.
We operate across the risk-return spectrum offering a variety of products, such as but not limited to:
- A transition strategy (repurposing retail assets to mixed-use or best in class destinations)
- A living strategy (including urban living, B-t-R, multifamily and purpose-built student accommodation)
- A Retail warehouse park & distribution strategy
- And special situation opportunities
With the acquisition of a majority stake in redos, the Hamburg-based large-scale retail and urban logistics property investment specialist, Redevco strengthened its market position, especially in the highly attractive and resilient retail park segment. By combining the properties of Germany’s redos with its existing retail parks, mainly in Belgium, Redevco established one of the largest retail warehouse park (RWHP) asset management platforms in Europe with assets under management of €4.5bn.
We are a firm believer in strong cities that are currently undergoing evolving rapidly to become places beneficial to the well-being of both people and planet. Cities are becoming more digital and more sustainable, driven by shifting demographics and changes in people’s needs, habits, and priorities.
These changes can be felt in a variety of areas, from the transformation of retail space into multi-purpose locations, to the increasing importance of convenience retail in larger urban areas. Changing demographics are affecting the need for more residential buildings and as cities become more intensively populated they require better mobility and sustainability solutions.
In this context another key growth area for Redevco is the living space. To support this, the company acquired a Dutch residential specialist in 2023 and launched Redevco Living in June 2023, Redevco’s newly created residential development, investment and operational platform. Redevco Living harbours the capabilities to further expand the company’s residential activities and help cities overcome the housing shortage.
Against the backdrop of strongly evolving urban areas we are broadening our horizon into the relevant property sectors and technologies across the urban environment spectrum. In this context, Redevco continues to extend its investment platform to like-minded investors and will consider a variety of investment vehicles to broaden its investor base.
Strategic corporate development
We manage a portfolio of around 350 assets in 13 European markets. Our specialist investment strategies consider opportunities to repurpose to mixed-use in the segments of living and leisure and hospitality as well as in retail warehouse parks.
With the acquisition of a majority stake in redos, the Hamburg-based large-scale retail and urban logistics property investment specialist, Redevco strengthened its market position, especially in the highly attractive and resilient retail park segment. By combining the properties of Germany’s redos with its existing retail parks, mainly in Belgium, Redevco established one of the largest retail warehouse park (RWHP) asset management platforms in Europe with assets under management of €4.5bn.
We are a firm believer in strong cities that are currently undergoing evolving rapidly to become places beneficial to the well-being of both people and planet. Cities are becoming more digital and more sustainable, driven by shifting demographics and changes in people’s needs, habits, and priorities.
These changes can be felt in a variety of areas, from the transformation of retail space into multi-purpose locations, to the increasing importance of convenience retail in larger urban areas. Changing demographics are affecting the need for more residential buildings and as cities become more intensively populated they require better mobility and sustainability solutions.
In this context another key growth area for Redevco is living. To support this, the company launched Redevco Living in June 2023, Redevco’s newly created residential development, investment and operational platform. Redevco Living harbours the capabilities to further expand the company’s residential activities and help cities overcome the housing shortage.
It is our mission to lead the transformation of cities to ensure they are sustainable and liveable and we are broadening our horizon into the relevant property sectors and technologies across the urban environment spectrum. In this context, Redevco continues to extend its investment platform to like-minded investors and will consider a variety of investment vehicles to broaden its investor base.
Performance verification
Redevco performance data is compiled and reported regularly to its clients. Performance data is reviewed as part of the company’s annual audits by independent auditors.
All data mentioned here is as at April 2024.
COMPLIANCE STATEMENT
The material in this guide is provided to institutional investors for informational purposes only, as an introduction to Redevco Group and its affiliates (“Redevco”). This information should not be considered as investment advice or analysis, or a recommendation of any strategy or investment product, or an offer of solicitation. This information which may contain forward-looking statements, is provided in good faith based on the current views and assumptions at the time of its production, although there can be no guarantee as to its accuracy and is subject to change without notice. The AUM is intended principally to reflect the extent of Redevco’s presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers. Furthermore, any past performance data is not an indication or guarantee of future performance. All data mentioned here is as at April 2024.
