Redevco underscores confidence in retail parks’ performance with major deals across Europe

By Israel Casanova, Investment Director Retail Parks and Head of Transaction Management at Redevco

As we approach the halfway point of 2025, and I have just returned from my first ULI European Product Council focused on Retail & Entertainment and the Annual ULI conference, let me reflect on what has already been an outstanding period of growth and strategic investment for Redevco in the retail park sector. The discussions at the ULI event only confirmed that retail parks have been and remain a safe and attractive investment. Over the past several months, we have continued to build momentum, with four significant acquisitions that highlight our commitment to strategic investments in resilient, high-quality retail assets.

Late last year, we completed our landmark acquisition of a £518 million UK retail park portfolio, a significant milestone for us in building one of the largest retail park asset management platforms in Europe. This portfolio, comprising 16 retail parks across the UK, highlights our confidence in the enduring relevance of this asset class and its ability to adapt to shifting consumer needs.

Soon after, we expanded our footprint in Southern Europe with the acquisition of BPlanet Retail Park in Barreiro, Greater Lisbon from AM Alpha. With over 35,000 sqm of lettable space, BPlanet boasts a diverse tenant mix, including hypermarkets, DIY stores, electronics, and a vibrant food court. It is not only a bustling retail destination but also a leader in sustainability, earning the prestigious BREEAM Excellent certification – an achievement that places it among the top retail parks in Portugal.

Building on this strong momentum, our two latest German acquisitions – a 25,000 sqm retail park in Dortmund and the fully let 16,000 sqm LIF.E Citycenter in Lichtenfels – further solidified our presence in this key market. The Dortmund property capitalises on the region’s strong demographics and connectivity, while LIF.E Citycenter benefits from high visibility and a 100% occupancy rate. Both properties reflect our vision for sustainable community-driven retail environments, while continuing to strengthen Redevco’s pan-European retail park platform.

Looking ahead to the remainder of 2025 and beyond, we remain committed to identifying and securing opportunities in the retail park space across Europe. The sector’s resilience, flexibility, and potential for innovation align seamlessly with our long-term vision. Our recent acquisitions are not just about adding great assets to our portfolio, they are a reflection of our belief in the retail sector’s ability to evolve and thrive alongside changing consumer needs.

We are steadily progressing in a year already filled with transformative growth and working hard on even more exciting opportunities. Stay tuned – there’s much more to come.