In an interview with the “immobilienmanager” (12/2015), Oliver Herrmann, Managing Director of redos real estate GmbH, reveals what criteria he follows when choosing retail properties and what real estate objects redos finds completely uninteresting. In addition, Herrmann talks on the actors in the investment market for retail real estate and their strategies. Despite continued demand and declining yields, he sees no real estate bubble due to conservative financing structure so far.