New Redevco unit to target higher risk opportunities

Urban real estate and regeneration specialist Redevco, and Oliver Herrmann, who founded retail specialist Redos, have launched Redevco Capital Partners which will target “special situations” real estate opportunities across Europe.

Redevco Capital Partners will be based in London and will exploit Redevco’s eight-office pan European platform to invest across different asset classes in select European markets alongside strategic capital partners. An experienced, specialist team is in place with Mark Beaumont its new London managing director. Beaumont has two decades of experience in real estate investment, fund management and financing and his previous roles include UK Head at Freo Group, along with positions at Rockpoint Group and Lehman Brothers.

“By introducing Redevco Capital Partners we are adding an exciting new business to our existing suite of urban regeneration activities,” said Redevco CEO Neil Slater. “Concentrating on opportunities positioned higher in the risk-return spectrum, we have a specialist team in London with the focus, agility and entrepreneurship to capitalise on market opportunities at an exciting time in the real estate cycle.”

Neil Slater.

Herrmann, who is a partner in Redevco Capital Partners and a strategic advisor to Redevco and a member of its DACH advisory board, said that the current market conditions offer an excellent opportunity for undervalued properties or distressed assets. “Backed by a solid platform and with the freedom to move quickly, Redevco Capital Partners aims to acquire assets below their intrinsic value and reposition them to maximise value, which is imperative to successfully executing this strategy in collaboration with like-minded partners.”

Redos, a German large-scale retail specialist, was acquired by Redevco in 2022 and fully integrated in the Redevco platform in 2023.