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, Ton van de Grampel is Chief Human Resources Officer and Marrit Laning is Chief Strategy & Innovation Officer. In addition to the Board, Thierry Cahierre, Co-Head Client & Fund Management, Herman Jan Faber, Co-head Client & Fund Management and Adam Starr, Head of Global Transaction Management form our Management Team.
Andrew VaughanChief Executive Officer, Board Member
Andrew Vaughan joined Redevco as the United Kingdom Managing Director in 2000. In 2004 he was appointed Managing Director for United Kingdom & Nordics, and in 2007 was nominated to the Board in the role of COO of Western Europe (except Benelux). In 2010, Andrew took responsibility for the entire European portfolio and subsequently was appointed CEO in November 2011. Andrew is a member of Redevco’s Investment Committees for Retail as well as Residential real estate.
Prior to joining Redevco, Andrew served at Moorfield Group Plc (1997-2000), where he managed the joint venture partnership with the Blackstone Group and other US PE Groups. From 1992 to 1997, he worked for Friends Provident Life Office where he was ultimately appointed Fund Manager, assuming responsibility for the entire City and West End portfolio. In 1997 Andrew joined the Moorfield Group Plc as investment and development specialist where he managed the joint venture partnership with the Blackstone Group and was key member of the acquisition team.
In total Andrew has more than 32 years of experience in real estate. Andrew holds a BSc (Hons) degree in Urban Estate Surveying from Nottingham Trent University.
Manolito van ArdenneChief Financial Officer, Board Member
Manolito van Ardenne started in the company as Business Controller after which he became Group Controller in 2011. From 2013 onwards Manolito played an important role in preparing Redevco to work with external mandates resulting in the first joint venture in 2015. In 2014, Manolito became Managing Director Fund Management and Fund Director. He joined the Board as CFO in 2019.
In his role as CFO Manolito is also responsible for for the functions Finance, IT & Information Management, Governance Risk & Compliance, Corporate Finance, Tax and Project Portfolio Management. Manolito is also a member of Redevco’s Investment Committees for Retail as well as Residential real estate.
Before he joined Redevco Manolito was working at KPMG Business Advisory Services as Financial & Restructuring Advisor. Manolito holds a Master of Economics from the University of Groningen and an Executive Master in Finance & Control from the Business University of Nyenrode.
Ton van de GrampelChief Human Resources Officer, Board Member
Ton van de Grampel joined Redevco as HR Director in 2014. In 2015 he was appointed to the Redevco Board as CHRO, responsible for HR and Corporate Communications. In 2019, Sustainability was added to his scope of responsibilities.
Prior to joining Redevco, Ton was responsible for Human Resources at C&A Brazil from 2008 to 2012 and Human Resources & Internal Communications at C&A Europe from 2012 until he joined Redevco.
Prior to these roles within COFRA group, Ton worked in various management and HR positions at ABN Amro Bank in The Netherlands and Hong Kong, Korn/Ferry International in The Netherlands and ING Group in The Netherlands and Canada.
Ton holds a Master’s degree in Dutch Civil Law from the University of Leiden in The Netherlands.
Marrit LaningChief Strategy & Innovation Officer, Board Member
Marrit Laning joined the Redevco Board as per January 1, 2022 as Chief Strategy & Innovation Officer. Marrit will continue to be a member of Redevco’s Investment Committees for Retail as well as Residential real estate. Before joining the Board, Marrit was Co-head Client & Fund Management for three years. Prior to that she headed Redevco’s Research & Strategy team. In this period Marrit and her team did proprietary research with respect to the attractiveness of European cities for retail real estate investments and the impact of technological innovation on consumer behaviour.
Before joining Redevco in 2011, Marrit worked for ING Real Estate Development as Manager Research, for DTZ as team leader for EMEA North and Head of Research for The Netherlands. In total Marrit has more than 19 years of experience in real estate.
Marrit holds a MSc in Human Geography from Utrecht University, The Netherlands.
Marrit is chairing the Dutch Shopping Center Council NRW and is a vice-chair for the European Research Group of the International Council of Shopping Centers.
Thierry CahierreCo-Head Client & Fund Management, MT member
Thierry Cahierre joined Redevco in 2011 as Managing Director Redevco France based in Paris. In 2021 he was appointed Head of Global Asset & Development Management with a responsibility to create and maintain a consistent and high-quality standard in asset and development management, including property management, across the group, and all portfolio directors report to him. Thierry is a member of Redevco’s Investment Committees for Retail as well as Residential real estate.
Thierry began his career as a Works Engineer for Bouygues S.A. before moving into financial planning, working on social initiatives managed by the Caisse des Dépôts. He was later appointed Programme Director at APSYS France, then crossed over to the world of big-name brands as Technical Director and subsequently Real Estate Director of the FNAC Group.
Herman Jan FaberCo-Head Client & Fund Management, MT member
Herman Jan Faber joined Redevco as the Tax Director in 2007 based in Amsterdam. In 2011 he was appointed Finance Director for the United Kingdom & Nordics based in London. In 2014 he assisted in the set-up of Redevco’s Fund management department in London & it’s third party business first as a finance director, later as the head of corporate finance. In 2018 he was appointed Fund Director for 3 of the Redevco managed portfolio’s. In 2020 he became the co-head of Client & Fund management with a focus on business development & M&A. Herman Jan is also a member of Redevco’s Investment Committees for Retail as well as Residential real estate.
Prior to joining Redevco, Herman Jan working in various tax functions for Houthoff Buruma and PwC.
In total Herman Jan has more than 25 years of experience in real estate. Herman Jan holds a law degree from the University of Groningen as well as a master in finance from Tias Nimbas business school.
Adam StarrHead of Global Transaction Management, MT Member
Adam Starr joined Redevco UK as Portfolio Manager in 2002 and became UK Investment Director in 2007. In 2011 Adam was appointed Managing Director for Redevco Central and Eastern Europe based in Vienna, before returning to the UK in 2013 as UK Managing Director. Adam was appointed Head of Global Transaction Management in February 2020. Adam is also a member of Redevco’s Investment Committees for Retail as well as Residential real estate.
Prior to joining Redevco Adam was a Partner in the West End Business Team of Strutt & Parker (1996 – 2002). In total Adam has more than 26 years of experience in real estate. Adam holds a BSc (Hons) degree in Land Management from the University of Portsmouth.
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.