Redevco completed the acquisition of a portfolio of 16 retail parks from Oxford Properties for £518m.

Redevco, a European urban real estate regeneration specialist, completed the acquisition of a portfolio of 16 retail parks from Oxford Properties, a real estate investor, developer and manager, for £518m. "This acquisition is a welcome addition to our pan-European platform, demonstrating our confidence in this sector. Retail parks combine cash-flow resilience and adaptability, making them a compelling investment. Having focused on this sector internationally for years, we’re delighted to supplement our holdings at a fascinating time for the UK market," Neil Slater, Redevco CEO.