Company profile

Redevco is a pan-European real estate investment management company specialised in retail property.

Our aim is to make urban centres more interesting places in which to live, work and shop, by providing the best retail real estate possible for our investor clients and retail customers. We manage a portfolio of approximately 345 (year-end 2016: 400) assets in Europe’s strongest retail locations across 11 countries. Worth a combined €7.5 billion (year-end 2016: €7.4 billion), these properties comprise 2.7 million m2 of space that is occupied by leading retail brands through more than 2,000 tenancies. We are part of COFRA Holding AG, which is headquartered in Zug, Switzerland.

Redevco Board, as of March 1st, 2018

What we do

Our team of 188 professionals provide clients with the full range of real estate investment management services: fund creation, acquisitions, rent and lease management, maintenance and development, divestments and fund liquidation. We create value by finding and effectively managing the best properties in the most attractive retail locations. Our thorough understanding of the challenges facing retailers and research into the best locations enable us to build solid investment strategies for our investor clients and retail customers.

How we do it

Our business is built on three pillars. Firstly, we have deep-rooted local capabilities that allow our country teams to buy, develop, let and manage properties that are ideally suited to the needs of our tenants and their customers. Secondly, we design our specialist strategies to anticipate and respond to the fast-paced evolution of retail. This helps us find the retail locations with the most relevant, sustainable and inspiring real estate. For our investors, it translates into solid returns. Lastly, since retail is an international business, Redevco’s scale and footprint mean we can leverage the collective knowledge of our local, fund management and specialist teams.

Figure 1.4. Organisational structure

How we govern

In 2017 the Board introduced an Executive Committee (ExCo) to ensure more integrated decision-making and appropriate accountability for both Fund Management as well as our operations as an investment manager. As the body that runs the business, the ExCo reaches decisions collectively so that they are properly and speedily implemented across all of Redevco’s activities. The ExCo has ten members representing two groups: one with a focus on Fund Management (the Fund Team) and the other on Business Operations (the Manager Team). The ExCo convenes each month.

Redevco organises its collaboration across countries and teams in three groups: the Deal Team, the Portfolio Platform and the Finance Platform. Each focuses on a particular part of the business, preparing and implementing ExCo decisions in their respective area of expertise.

The Investment Committee chaired by our CEO makes all investment and divestment decisions. Its members are the CFO and all of the Managing Directors of Fund Management.

Figure 1.5. Executive Committee structure