Redevco appoints new country manager for Iberia

Independent real estate company Redevco has appointed Israel Casanova as country manager for its operations in Spain and Portugal.

Casanova succeeds and will report to Javier Hortelano, who was recently appointed chief operating officer at Redevco.

Casanova started working for Redevco in 2005 as portfolio manager, handling the acquisition and integration of the Ahold/Dinosol portfolio (February 2005), which represented an estimated investment of EUR 211 mln. In the summer of 2009, Casanova was promoted to portfolio director at Redevco Spain and Portugal.

Prior to joining Redevco, he was regional management director at Centros Shopping (formerly Ségécé), Carrefour group's real estate subsidiary, coordinating seven shopping centres in the Spanish region.

Redevco manages and develops one of the largest retail portfolios in Europe, valued at EUR 7.5 bn. It comprises over 700 properties throughout 16 countries with a focus on prime retail in the larger cities in Europe. Redevco is owned by Cofra Holding, a Swiss-based holding company.