Welcome to REDEVCO China
Redevco is managing its China operations out of Hong Kong, led by the Managing Director for Asia, Robert Lie and Executive Director Simon Chow who heads China Investments. In addition to the Hong Kong office we plan to open an office in Shanghai in the coming period.
Strategy
The Chinese retail market is rapidly evolving. China will experience a continuing increase in consumer spending and new retail concepts will be introduced. We seek to invest in first-tier cities, with their more developed retail structure, as well as in the fast developing second-tier cities. For project development our strategy is to joint-venture with strong local developers as an active partner, adding value in design, concept and management. As an investor we will look for good quality retail centres or stores with long term investment potential.
Looking ahead
In this challenging economic climate Redevco is pursuing its China strategy as planned. The emphasis is on joint-venture development projects in second-tier cities. Given the long lead time of development projects we believe this is a good entry time. We are also evaluating retail investment opportunities in first and second-tier cities, including Hong Kong.