Retail asset management is about unlocking and enhancing value. Each asset has its own business plan, including asset improvement strategies. As an investor with a focus on sustainable growth, ‘future-proofing’ the individual assets is an active part of how we create value.
The knowledge of our local asset management teams and their understanding of the market allows us to provide our retail customers with bespoke solutions that create value for them, part of which in turn flows to our investors.
Redevco assesses the effectiveness of all asset management activities by closely monitoring key indicators like tenant retention, year-on-year growth in net income, and capital appreciation. This provides us, the investors and the tenants with input for tactical and operational plans to improve the performance of the assets.