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The Dutch private property asset manager Redevco is now the majority shareholder of Redos, a German investment group specialising in urban logistics and also retail parks (€3.4 billion in assets, 1.4 million sq.m of rental space).
The investment value was not published. Redevco’s assets under management have risen from €6.7 billion to €9.7 billion with Oliver Herrmann as C.E.O. of Redos. This is a significant change of direction for Redevco, which has historically specialised in urban...