Redevco completed the acquisition of Roebuck from GFH.

Redevco, one of Europe’s privately-owned real estate managers, overseeing a portfolio valued at €9.5bn, completed the acquisition of Roebuck, a specialist logistics investment and asset manager with approximately €1bn in assets under management from GFH, an Islamic banking institution. Financial terms are not disclosed. “I am thrilled to welcome the Roebuck team to Redevco. They bring deep knowledge of the sector, a strong team focus and an entrepreneurial mindset, which is a great cultural fit for Redevco. Logistics naturally fits our investment universe. It complements our existing strengths in retail parks and urban transformation, providing connected opportunities in the supply chain space and aligning with our long-term vision of building a platform that creates transformative real estate while generating value for clients,” Neil Slater, Redevco CEO.