About - Redevco

WE ARE REDEVCO

Contributing to making cities more sustainable and liveable

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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.

OUR COMPANY

A one-stop-shop for real estate management services

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.

History

Redevco over the years

1841

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.

1999

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.

2000

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.

More about our history

Recently developed mixed-use asset Le 31 in Lille, France

Parque Corredor Shopping Center completely transformed

Redevco hh mönckebergstraße projektentwicklung 240720 copyright sergison bates architects rethmeierschlaich architekten

Climate-neutral mixed-use re-development in Hamburg started

Iconic 18 Septemberplein building in Eindhoven beautifully restored and modernised

Recently developed mixed-use asset Le 31 in Lille, France

Parque Corredor Shopping Center completely transformed

Climate-neutral mixed-use re-development in Hamburg started

Iconic 18 Septemberplein building in Eindhoven beautifully restored and modernised

Leadership

Management team

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 Vaughan

Chief 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.

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 Ardenne

Chief Financial Officer, Board Member

To follow

Ton van de Grampel

Chief 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 Laning

Co-Head Client & Fund Management

Marrit Laning is Co-head Client & Fund Management at Redevco, an independent real estate investment manager with close to 300 assets under management and €7.5 billion AuM.

Before joining the Client & Fund Management team three years ago, Marrit was Head of Strategy & Research at Redevco. In this period Marrit and her Research & Strategy 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 behavior. Marrit is also a member of the MT of Redevco.

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.

Herman Jan Faber

Co-Head Client & Fund Management

To Follow

Adam Starr

Head of Global Transaction Management

Adam 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.

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.

More team members

Governance

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).

Business Integrity Principles

Whistleblowing Policy

Supplier Code of Conduct

ESG Policy

Equality, Inclusion & Diversity Policy

PEOPLE

Professionals with a purpose

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.

More about who we are

Want to know more about Redevco?

Get in touch with us!

Priscilla Tomasoa

Head of Corporate Communications

[email protected]
+31 20 599 6262