Welcome to REDEVCO Central Europe
REDEVCO - the name derives from Real Estate Development Company - has been operating as an independent company since 1999. Its origins lie in the real estate department of fashion retailer C&A. So we are a young company with over 150 years of experience.
With offices in Vienna and Warsaw. Redevco Central Europe covers 5 countries: Austria, the Czech Republic, Slovakia, Hungary and Poland. All of them EU member states. These Central European countries are one of the fastest growing markets in Europe and offer the biggest potential for expansion. Retailing in particular offers opportunities for growth in this region, which has a total population of over 100 million.
Our current investments include properties and projects in Austria, Hungary, the Czech Republic, Slovakia and Poland.
Strategy
Given our company strategy and local expertise, our focus is the retail sector. Within that sector we operate in all formats but invest primarily in shopping centres, retail warehouse parks and high-street locations in towns with over 50,000 inhabitants. The key to our success is that we work closely with retailers when they are considering new markets, and thus see things through their eyes. If the retailer is successful, so too will our projects be. In a fast-moving market the ability to take decisions quickly is one of our strengths. We make decisions efficiently at a local level, for local businesses, but we can act at a European level if necessary.
There is no preset limit to how much we are prepared to invest. We are willing, and in some circumstances keen, to enter into partnerships with developers (retail or otherwise). We have successfully concluded development partnerships in various countries and plan to continue to do so to optimise mutual benefits. If necessary, pre-financing is possible. To obtain the best local results, we are happy to engage in public-private partnerships: early involvement in project plans can greatly enhance the final result. In addition to redevelopment, project development has also become one of our activities. Here too the focus is on retail projects, enabling us to respond even better to the needs of international retail chains.
Our retail portfolio currently accounts for 90% of invested assets, the remaining 10 % being offices and logistics.