Dutch investor Redevco plans to intensify its development activities as part of its European expansion plan. The Amsterdam-based company recently set foot in Scandinavia, Eastern Europe and Turkey, but also foresees investments outside Europe in the future. New investments could rise to EUR 500 mln and more for new projects, Redevco said in a press statement coinciding with the opening of the Expo Real trade fair in Munich on Monday.
Dutch investor Redevco plans to intensify its development activities as part of its European expansion plan. The Amsterdam-based company recently set foot in Scandinavia, Eastern Europe and Turkey, but also foresees investments outside Europe in the future. New investments could rise to EUR 500 mln and more for new projects, Redevco said in a press statement coinciding with the opening of the Expo Real trade fair in Munich on Monday.
Since 2000 Redevco has increased its portfolio to over EUR 7 bn, thanks to its diversification strategy. Aside from retail properties, Redevco now also invests in offices and logistics centres. The share of Redevco’s main tenant, C& A, has also been reduced in favour of other tenants. With 140 properties valued at EUR 1.2 bn Redevco Germany is the biggest subsidiary of the Dutch investment company.
