The redos Group is a leading independent specialist for large-scale retail properties focussing on investment, asset management, fund management, redevelopment and advisory. The combination of these services allows us to offer institutional investors not only tailored fund solutions, but also efficient and professional real estate management. We serve all risk classes and offer all investment vehicles.
As an investor and active asset manager, we cover the entire value chain for large-scale retail properties. We currently manage properties adding up to a value of more than 1.3 billion euros at 44 locations throughout Germany. With our specialist expertise, our extensive tenant network and our long-standing contacts into the retail property industry, we provide comprehensive, efficient and sustainable support for each property throughout every phase of its life-cycle. In this context, we rely in particular on our property database ROB (redos Objektdatenbank), which gives us access to detailed information on more than 17,000 retail locations throughout Germany.
In addition to our co-investment capability and excellent access to tenants, our particular strengths lie in the revitalisation, value optimisation and value enhancement of portfolio properties. We can look back on a long track record in these fields. We also provide assistance to our customers in the fields of fund management, risk management and reporting. Our expertise in this case is based on the extensive experience of our highly-specialised and widely qualified employees.
The first joint venture of redos with Morgan Stanley was initiated in 2010. In October, the joint venture took over the “Bavaria portfolio” as opportunistic investment with 21 properties including 19 retail properties throughout Germany with a focus on real,-hypermarkets in Bavaria. In total, the heterogeneous portfolio comprises more than 203,000 square metres of lettable area. The majority of the assets has been equipped with long-term leases. For the Portfolio, redos successfully managed the renewal of long-term leases with anchor tenants, lease cancellation, development and implementation of strategic refurbishment, repositioning on the market and development of the exit strategy.Learn more
In a joint venture with Morgan Stanley, redos acquired the “Tobago portfolio” in 2012. The portfolio includes eleven retail real estate objects – all of them being DIY superstore rented to toom (REWE Group). The rentable area comprises a total of 130,000 square meters. redos successfully equipped all assets with long-term leases.Learn more
The “Christie portfolio” includes four large, hybrid shopping centres in Ahrensfelde, Dallgow-Döberitz, Dresden and Brandenburg an der Havel OT Wust with a total of around 214,000 square meters of rentable space. redos first acquired the “Christie Portfolio” in December 2013 in a joint venture with Morgan Stanley. In December 2016, the Portfolio then was sold to a Joint venture of Madison International Realty and redos invest Management GmbH. The shopping centre Kaufpark Eiche in Ahrensfelde near Berlin has already been successfully revitalized – redos was not only responsible for the refurbishment and the optimization of the sector and tenant mix but also for the integration of further well-known anchor tenants and the sustainable refurbishment of the lease. The second centre undergoing revitalization currently is HavelPark Dallgow.Learn more
Through its joint venture with Morgan Stanley, redos bought the “Horn portfolio” in June 2011 as opportunistic investment. The heterogenous portfolio comprises a total of 18 retail properties – from standalone properties through to retail parks – and 155,000 square metres of letting area. Anchor tenants ofare real,-, REWE, Adler and Media Markt. For this Portfolio, redos successfully managed the stabilisation and value appreciation through the renewal of long-term leases with anchor tenants, lease cancellation, development and implementation of strategic refurbishment, repositioning on the market, conclusion of new leases and development of the exit strategy.Learn more
Institutional real estate fund “Redos Einzelhandel Deutschland”
In June 2014, redos initiated the institutional real estate fund “Redos Einzelhandel Deutschland” with Union investment. Within this corporation, redos is responsible for the fund, asset and transaction management. Designed for institutional investors, the fund invests in large-scale retail properties throughout Germany. It has a target volume of around €700 million with an aimed debt ratio of 50 percent. The current investment volume amounts around €525 million. Most recently, the fund has acquired 13 retail properties for around 200 million euros, including the “coral portfolio”.Learn more