Welcome to REDEVCO Germany

Redevco Services Deutschland GmbH, headquartered in Düsseldorf, is one of the largest companies in the international Redevco organisation. Our high-calibre portfolio, managed by a team of 40 real estate professionals led by Managing Director Heinz Brenninkmeijer, traditionally consists predominantly of retail properties.

Portfolio Management
At Redevco, modern portfolio management means long-term, sustainable growth of the existing portfolio. We value quality above quantity. That this strategy can go hand in hand with profitability was proved when Redevco was presented the prestigious IPD Award “Balanced fund: highest total return annualised over 3 years to December 2007” in September 2008. Diversification is an integral part of the Redevco strategy, so since 2000 we have also invested in select office and logistics properties. In the retail segment, our focus is on first-class properties in prime city-centre locations. As part of our diversification strategy, about 40 C&A stores were sold in early 2006, reducing the share in our tenant base of Redevco’s sister company and primary tenant, while that of other retailers has been increased.

Investment Strategy
Now that these strategic sales have been finalised, Redevco’s primary aim is to substantially grow the portfolio, focusing on investments in retail properties in A1 locations in medium-sized and large cities as well as quality retail parks and shopping centres. In the office segment, we concentrate exclusively on investment opportunities in top locations in cities with strong growth, such as Berlin, Hamburg, Düsseldorf, Cologne, Frankfurt am Main, Stuttgart and Munich. Investments in project developments, both for our own portfolio and for other investors, are becoming increasingly important. Here Redevco often collaborates closely with long-standing partners.

Project Development
The establishment of the development division was a crucial step in adding value to the portfolio. Our objective is to continually upgrade properties in our existing portfolio. In addition, we seek opportunities in the real estate market for developing creative retail and office projects. The many developments successfully completed in Germany in recent years or still ongoing under Redevco’s management have raised the company’s profile and proven its ability as a project developer.

Sustainability and Ecology
Redevco has long been committed to the sustainable improvement of energy efficiency in all its business activities and is a founding member of the German Sustainable Building Council (Deutsche Gesellschaft für nachhaltiges Bauen e.V.). Working with our sister organisation C&A, we developed the first C&A eco-store, opened in Mainz in October 2008. Its state-of-the-art external and internal infrastructure ensures maximum energy efficiency. The building shell has been thoroughly insulated; new energy-efficiency features include swing doors at the entrance instead of automatic sliding doors, double glazing, photovoltaic panels, a new lighting concept and a low-energy ventilation system. These measures should cut power and heat energy consumption by around 50% and 70% respectively. Also, the C&A eco-store will be powered by renewable energy and thus be carbon-neutral.