European privately-owned real estate investment manager Redevco has appointed Sarah Lulham to the role of separate accounts manager with immediate effect.
Lulham has worked for Redevco as an asset manager in the UK since 2019. In her new role, she will be responsible for growing Redevco’s separate accounts platform, offering asset & property management services, including work out strategies, focussed on the Pan European retail sector.
Lulham is joining the business development team of Redevco that is driving the growth of Redevco’s investor base. She will report to Herman Jan Faber, co-head Client & Fund Management and responsible for External Clients and Business Development.
'We see a great opportunity to offer a full range of asset & property management services to real estate owners with existing portfolios,' commented Herman Jan Faber, co-head Client & Fund Management Redevco. 'This includes development management, transaction management as well as specific strategic advice and subsequent business plan execution. Particularly in the retail sector there is demand for specialists like us, who have built a solid track record of successfully managing and repositioning high street retail assets, shopping centres and retail parks.'
Diversification
Redevco is seeking to diversify its portfolio beyond retail and to expand its assets under management by a third, or a further €2.5 bn, to €10 bn by 2025. Future investments will largely be concentrated in mixed-use urban locations, with the transformation and repositioning of existing retail assets being a key element in that strategy.
In addition, the company is opening its investment platform to like-minded investors and will consider a variety of investment vehicles to broaden its investor base.
