European privately-owned real estate manager Redevco has appointed Veronica Gallo-Alvarez as head of Investment Management, effective July.
Based in Paris and reporting to CEO Neil Slater, Gallo-Alvarez will be responsible for investment outcomes, transaction management and research & strategy.
Gallo-Alvarez is to join Redevco in July from global asset manager abrdn, where she was head of Core European Funds responsible for multi-sector strategies investing in commercial pan-European real estate.
Neil Slater, Redevco CEO, said: 'Veronica joins at an exciting time for the business. We are part of a wider ecosystem that has existed for over 180 years. We continue to evolve this fantastic real estate company with an even greater focus on creating amazing real estate outcomes for clients and being a force for good in the built environment.'
Redevco focuses on four key strategies: redeveloping retail properties into mixed-use or high street assets, expanding its retail warehouse park and distribution platform, growing its presence across the broader pan-European residential and ‘living’ space and special situation investments.
Significant mixed-use projects are currently underway in London (Oxford Street), Paris (rue de Rivoli, Boulevard Haussmann) and Hamburg (Mönckebergstrasse) with material residential developments mostly in the Netherlands (Amsterdam and Rotterdam areas).
The company recently launched Redevco Capital Partners, based in London, focused on special situation equity and debt opportunities in real estate markets, and Redevco continues to evolve globally its own proprietary portfolio.
