Announced
Completed
Financials
Sources
Tags
real estate
Friendly
Acquisition
Germany
Real Estate Holding and Development
Cross Border
Majority
Completed
Single Bidder
asset management
Private
Synopsis
Redevco, a real estate investment managers, completed the acquisition of redos, a retail and urban logistics property investment specialist. Financial terms were not disclosed. “Through the acquisition of redos, we are significantly growing our assets under management and the ability to realise our mission to help cities and urban areas become more sustainable and liveable. The acquisition of such a stellar performer in Germany provides Redevco with an excellent foundation to create a pan-European retail warehouse park platform, and a springboard into urban logistics,” Andrew Vaughan, Redevco CEO.
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