WE ARE REDEVCO
Contributing to making cities more sustainable and liveable
We are an investment manager with a focus on cities – we believe they should be sustainable and liveable for all
Cities are the beating heart of entire communities and nations. They are where people like to live, work, shop, and play. But cities are evolving rapidly, and we believe they have a key role to play in contributing to the future health and well-being of both people and planet.
As a European investment management firm with a focus and passion for real estate in urban areas, we believe our role is to accelerate this positive contribution towards more sustainable and liveable cities, one building at a time. We aim to do this through specialised investment strategies that also deliver above-average returns. We are your trusted partner in this transition.
Redevco has more than 20 years of experience, in-house research, and highly skilled professionals in local markets. We offer investors a broad spectrum of real estate opportunities in Europe’s top performing cities.
We manage 280 assets in 12 countries across various portfolios for multiple investor clients. These properties comprise 2.4 million m2. of space, represent more than 1,900 tenancies, and are worth €6.7 billion.
We are part of COFRA, a diversified group of companies whose heritage dates back 180 years to the founding of C&A. Today the group also comprises a private equity platform (Bregal), an asset management platform (Anthos Fund & Asset Management), a solar energy business (Sunrock), as well as its retail business (C&A).
At Redevco, we fundamentally believe in cities. Throughout our history, the urban environment has been a connecting factor – it is where we have always operated and continue to focus. Modern cities are becoming increasingly complex. The challenges they face include retail oversupply, increased housing demand, and the need for more efficient mobility and sustainable solutions.
Redevco has a solid track record of future-proofing existing assets by repurposing retail into multi-use properties and regenerating inner-city locations into dynamic places. We are passionate about helping cities transform, and we will continue to contribute to a more sustainable urban future that positively benefits the health and well-being of people and the planet.
Our origins date back to 1841, when two brothers opened a textile warehouse in the Frisian town of Sneek, in the Netherlands. They opened their first shop 20 years later, selling traditional fabrics as well as a new product of historical significance: ready-to-wear clothing. These were the beginnings of a remarkable brand that went on to have an enormous impact on the fashion retail industry. Today, C&A can be found in Europe, Brazil, Mexico, and China.
In 1860, Clemens and August purchased and opened their first store in Sneek. As C&A expanded in the decades that followed, it built up an impressive portfolio of retail properties across Europe. This portfolio was initially managed by a department within C&A. It formed the foundation of Redevco’s portfolio when it was set up in 1999.
In 2000, Redevco re-let 109 UK C&A stores comprising 500,000 m2. The majority of the UK portfolio was re-let within six months to major brands: Next, H&M, GAP, Primark, New Look and Wilkinson. Rental levels of the big UK stores were the highest in the portfolio, and in less than two years C&A’s share of Redevco’s tenant roll dropped to below 50% from 97% in 1999.
The Board is responsible for developing and carrying out the Group’s strategy, effectively structuring and staging the organisation, and achieving and reporting on the forecasted financial results. Andrew Vaughan is Chief Executive Officer, Manolito van Ardenne is Chief Financial Officer and Ton van de Grampel is Chief Human Resources Officer. In addition to the Board, Marrit Laning, Co-Head Fund Management, Herman Jan Faber, Co-head Fund Management and Adam Starr, Head of Global Transaction Management form our Management Team.
Andrew VaughanChief Executive Officer, Board Member
Manolito van ArdenneChief Financial Officer, Board Member
Ton van de GrampelChief Human Resources Officer, Board Member
Marrit LaningCo-Head Client & Fund Management
Herman Jan FaberCo-Head Client & Fund Management
Adam StarrHead of Global Transaction Management
Business Integrity and compliance are key elements of the way we work – both internally and externally – for and with our customers, partners, and shareholders. We operate according to the highest ethical standards, and we believe these standards can be met only through the undisputable good conduct and goodwill of our employees and stakeholders.
We have developed our Redevco Business Integrity Principles (BIP) as a way of expressing, communicating, and helping to safeguard our standards. All employees are required to sign these BIP each year to reinforce our commitment to the integrity and compliance standards that govern our business.
Redevco strongly encourages employees as well as external stakeholders to report any breach or suspected breach of any law, or a breach of these BIP or other Redevco policies and procedures. Incidents should be reported to the local management team in the first instance. When in doubt, incidents can also be reported to the Group Compliance Officer by email ([email protected]) or by telephone (+31 20 599 6263).
Our people are key to what we do. They are our partners who have helped shape our company and define our culture throughout the more than twenty years of our existence. Without our colleagues, we have no company, no business, and no possibility to realise our vision to help cities make a positive contribution to the health and well-being of people and planet.
We challenge ourselves to ensure that our company is seen and experienced as a diverse and inclusive organisation throughout the entire HR life cycle. We carefully curate our strong company culture, and our longstanding values of integrity, balance, excellence, and team spirit form the basis for a well-balanced, high performing and fully engaged team.