COMPANY PROFILE

Your trusted partner in urban real estate

Redevco, part of COFRA Holding AG, is a pan-European real estate investment management company* with a clear focus on making a positive impact by helping cities become more sustainable and liveable. As a partner in urban real estate, we invest in properties with a view to developing future-proof buildings in dynamic urban locations.

Our specialist investment strategies, local real estate knowledge and the scale of our pan-European platform enable us to create value for both our investor clients and occupiers. Our highly experienced professionals purchase, develop, let and manage properties, ensuring that the portfolios optimally reflect the needs of our clients. We believe in long-term investments where quality and sustainability are key. We currently manage a portfolio of 262 assets across 12 countries (February 28, 2021: 280). These properties comprise 2.2 million m2 of space, represent more than 1,900 tenancies and are worth €6.7 billion on February 28, 2022 (February 28, 2021: €6.7 billion).

What we do

Our team of 204 professionals across six offices in Europe provides clients with a full range of real estate investment management services, including strategy creation, acquisitions, rent and lease management, maintenance and development and divestments. We create value by finding and effectively managing the best properties in the most attractive urban locations. We use our thorough understanding of the real estate sector as well as research to build solid investment strategies focused on repurposing existing monofunctional assets into mixed-use, building sustainable and affordable homes, creating leisure and hospitality opportunities and modernising the retail warehouse parks landscape. We are harnessing our retail real estate experience to create vibrant and future-proof destinations in the urban realm.

*Redevco is not licensed or registered in the EEA for the provision of regulated portfolio management services.

"Redevco’s mission is to be the trusted partner in urban real estate, creating more sustainable and liveable cities and with that have a positive impact."

How we do it

There are three key drivers that together propel our business. Firstly, we have deep-rooted local capabilities that allow our country teams to buy, develop, let and manage properties that are the best possible fit for our tenants. Secondly, we design and manage our specialist strategies to anticipate and respond to constantly changing occupier markets. This approach helps us to find locations with the most relevant, sustainable and inspiring real estate, translating into solid returns for our investors. And finally, in the international real estate environment, Redevco’s scale and footprint enable us to leverage the collective knowledge of our network of expert transaction and asset management teams on the ground.

Our mission and beliefs

Redevco’s mission is to be the trusted partner in urban real estate, creating more sustainable and liveable cities and with that have a positive impact. To achieve this, we use our knowledge and expertise to:

  • Evolve our portfolio to rapidly become low carbon, circular and resource-efficient, accelerated by signature projects that enable us to learn by doing.
  • Invest in affordable, sustainable residential units to ease the housing shortage in major cities.
  • Preserve urban and cultural heritage by restoring and maintaining historic buildings.
  • Create vibrant, mixed-use locations that also promote cultural, educational, charitable and community activities.
  • Leverage technological innovation to develop alternative business models and additional revenue streams that drive performance, sustainability and the user experience.

How we govern

On January 1, 2021, we adopted a new organisational structure to drive our growth and diversification strategy. In this context the aim is to increase speed, agility and focus as a platform, while maintaining Redevco’s strengths in local markets through our country-based asset management and specialist teams across Europe. Redevco’s Board has therefore delegated day-to-day management into five global functions (see figure 3). These global functions help to integrate decision-making and ensure accountability for Client & Fund Management as well as our operations as a manager of investment strategies. Each function focuses on a particular part of the business as it prepares and implements Board and Management Team decisions in its respective area of expertise. To help drive the diversification of the portfolios we manage across property sectors and to establish investment strategies accordingly, Marrit Laning was added to the Redevco Board in the role of Chief Strategy and Innovation Officer. Marrit will also be harnessing the latest innovations with regard to the future of real estate and bring innovative solutions to the table to accelerate our sustainability journey. The Management Team consists of the members of the Redevco Board, the Co-Heads of Client & Fund Management and the Head of Global Transaction Management. The Management Team reaches decisions collectively so that they can be properly and speedily implemented across all of Redevco’s activities.

Our committees

The Investment Committee, chaired by our CEO, makes all investment and divestment decisions. Its members include the CFO, the CSIO and the Head of Global Transactions, the Managing Directors of Transaction Management and the Managing Directors of Fund Management.

The purpose of the Information Security Committee (ISC) is to advise the Management Board in fulfilling its oversight responsibilities with regard to Redevco’s information security programmes and risks. The ISC consists of the CFO, General Counsel, the Head of Governance, Risk Management and Compliance, the Head of Information Technology and the Manager IT Infrastructure & Support.

Portfolio development

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