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Am Starts Construction Of 303 Rental And Owner-Occupied Homes In Amstelveen According To Well For Residential
Megaproject Corp
Am Starts Construction Of 303 Rental And Owner-Occupied Homes In Amstelveen According To Well For ResidentialAmstelveen, 20 June 2024 – Area developer AM will start the realisation of Hollandse Meesters in Amstelveen. The residential building is sustainable and healthy and comprises 303 rental and owner-occupied homes. Hollandse Meesters in Amstelveen has an artistic and sophisticated design. With a mix of both medium-rent and non-regulated homes, the plan provides a new home for various target groups. Redevco is buyer of the 172 rental homes. Over 75% of the 131 owner-occupied units have already been sold. Construction is in the hands of BAM Wonen. Green and healthy as a starting pointA unique feature of Dutch Masters is that it is the first and only project in the Netherlands to participate in the new WELL for residential programme of the International WELL Building Institute (IWBI). This gives priority to the health, comfort and well-being of the residents. They will soon enjoy a sustainable and green residential building. MasterpieceThis masterpiece, near Amstelveen’s city centre, was designed by Rijnboutt Architects. The building has a base with two towers, a 15-storey tower for the owner-occupied apartments and a 17-storey tower for the rental apartments. Below the building is a two-storey parking garage with 207 spaces for cars, communal bicycle parking and shared mobility. The living concept is characterised by sharing and meeting. There will be Friends flats, a shared living room, a communal courtyard garden and roof terraces. There will also be a commercial space especially for residents and the neighbourhood.  The building is designed in a U-shape with an open orientation to the adjacent green canal with water. This park landscape will be extended as a green carpet to the inner garden and the greenery on the facades. Official actDuring a festive gathering on 20 June, Amstelveen’s Alderman Floor Gordon of spatial planning will perform the official act. A colourfully painted prefab concrete foundation pile will be driven into the ground together with representatives of AM, Redevco and BAM Wonen. Floor Gordon: “After years of preparations, we managed to add a good mix of housing in a beautiful building. A green and image-defining spot in Amstelveen’s Stadshart. A real landmark.” The festive start of construction moment will be celebrated with buyers and relations. More information on the project: www.hollandsemeestersamstelveen.nl (Dutch only)Or take a look at the case study on our website: Hollandse Meesters, Amstelveen, The Netherlands – Redevco
mixed-use
Jun 20, 2024
Redevco Strengthens Leadership Team With The Appointment Of Veronica Gallo-Alvarez As Head Of Investment Management
Megaproject Corp
Redevco Strengthens Leadership Team With The Appointment Of Veronica Gallo-Alvarez As Head Of Investment ManagementAMSTERDAM, June 13, 2024 – Redevco, one of Europe’s largest privately-owned real estate managers, has appointed Veronica Gallo-Alvarez as Head of Investment Management. Based in Paris and reporting to CEO Neil Slater, Veronica joins the Redevco leadership team, spearheading a function responsible for investment outcomes, transaction management and research & strategy. The appointment of Veronica is another step in Redevco’s ambition to further grow its real estate capabilities. Neil Slater, Redevco CEO, said: “I am thrilled to welcome Veronica to Redevco. She is a fantastic investment professional bringing significant cross-sector industry experience. Veronica joins at an exciting time for the business. We are part of a wider ecosystem that has existed for over 180 years. We continue to evolve this fantastic real estate company with an even greater focus on creating amazing real estate outcomes for clients and being a force for good in the built environment.” Redevco is on a growth pathway focused on four key strategies: redeveloping retail properties into vibrant mixed-use or best-in-class high street assets, expanding its significant retail warehouse park and distribution platform, growing its presence across the broader pan-European residential and ‘living’ space and special situation investments.Significant mixed-use projects are currently underway in London (Oxford Street), Paris (rue de Rivoli, Boulevard Haussmann) and Hamburg (Mönckebergstrasse) with material residential developments mostly in the Netherlands (Amsterdam and Rotterdam areas).The company recently launched Redevco Capital Partners, based in London, focused on special situation equity and debt opportunities in real estate markets, and Redevco continues to evolve globally its own proprietary portfolio. Veronica Gallo-Alvarez, Redevco Head of Investment Management, said: “I am excited to be joining Redevco at such an exciting time. It is fantastic to have an opportunity to help deliver real performance outcomes for clients in an organisation that has environmental and societal impact at the heart of all its activities through its “force for good” ethos. Redevco has a pioneering and distinctive approach to enhancing urban liveability and sustainability, demonstrated with its high-quality proprietary real estate portfolio spanning European markets. I look forward to working with Neil and the team to help further expand and strengthen the portfolio.” Veronica is Redevco’s fourth key hire in 2024 with Sasha Silver joining in January as Redevco’s Head of Global Client Group and Mark Beaumont as Managing Director Redevco Capital Partners. More recently the company also attracted David Garden as Chief of Staff.  Download press releases: English Dutch French German Spanish
mixed-use
Jun 13, 2024
First Ever Radisson Collection Hotel In Paris To Open In Redevco Bpm Project At Rue De Rivoli
Megaproject Corp
First Ever Radisson Collection Hotel In Paris To Open In Redevco Bpm Project At Rue De RivoliParis April 30 2024 – Radisson Hotel Group, in partnership with Redevco, is delighted to announce the arrival of its lifestyle brand Radisson Collection in the heart of Paris, at 126 Rivoli. The hotel will open its doors to the public in early 2027, at 126 Rivoli, a prestigious district where tourists and Parisians converge. The hotel will comprise 57 rooms, as well as a rooftop garden open to the public and a listed 12th-century medieval crypt operated by the hotel. Following a call for tenders launched by Redevco, this signing comes just a few months after the announcement of the launch of refurbishment work on the Haussmann-style building. Named ‘BPM’ (Beats Per Minute), this large-scale project, which includes the future Radisson Collection, is committed to a mixed-use approach and compliance with CSR standards (Net Zero Carbon objectives by 2040, BREEAM RFO and In Use Excellent certification). The project totals more than 13,000 m2 and includes hotels, shops, offices, urban logistics, restaurants, and a community centre. Developed by Redevco and designed by Franklin Azzi Architecture, the project encourages a mixed-use approach and porosity between the different uses on the site and aims for social and environmental excellence. Radisson Collection has developed as a range of iconic establishments in unique locations, comprising both renowned heritage hotels and new properties. The iconic location of the ‘BPM’ project was therefore an obvious choice for Radisson Collection in Paris. With more than 13,000 m2 spread over 8 floors, the project is designed to ensure fluidity between the different activities and uses on the site and aims for social and environmental excellence. The ground floor and 1st floor will offer 3,000 m2 of retail space, while the 2nd to 4th floors will house 4,000 m2 of office and coworking space.  The 57-room Radisson Collection hotel will span the 5th to 7th floors. The 8th floor will be enhanced by a planted rooftop. This will offer a unique 360-degree view of the City of Light and its Parisian monuments, including the Eiffel Tower, Montmartre, and Notre-Dame. Federico J. González, Executive Vice President of Radisson Hotel Group, said: ‘We are delighted that Radisson Collection is coming to Paris with this iconic hotel. This project will strengthen the position of our brand both nationally and internationally. This project will not only enrich the Radisson Collection brand offering globally, but also in France, where we currently have 23 hotels in operation and under development. With a focus on bespoke design, rich heritage and exceptional experiences, the Radisson Collection hotel in historic 126 Rivoli is sure to be an exceptional destination for local and international guests…’ ‘The Redevco teams and I are delighted with this long-term partnership with the Radisson Hotel Group. The implementation of the Radisson Collection hotel concept, tailor-made to suit the unique character of our ‘BPM’ operation at 126 Rivoli, demonstrates our strategic commitment to transforming all our assets into vibrant and innovative living spaces. Thanks to the high social and environmental standards we have set for this refurbishment and its new uses, Redevco is once again confirming its role as a major player in the sustainable and positive reinvention of the city of the future,’ comments Thierry Cahierre, Head of Redevco France. Read the full press release in English Read the full press release in French
mixed-use
Apr 30, 2024
Redevco To Refurbish Oxford Street Building With Net Zero Carbon Ambition
Megaproject Corp
Redevco To Refurbish Oxford Street Building With Net Zero Carbon AmbitionLondon, 18 April 2024 – Redevco is to refurbish its retail and office building at 376-384 Oxford Street, central London to create new space that will be net zero carbon in operation and deliver a leading example of modernised existing stock for the world-famous street. The urban real estate and regeneration specialist has appointed Faithdean as principal contractor, with TFT as project manager, to carry out a major refurbishment. The building, opposite Bond Street underground station, is one of the few ‘island’ properties on Oxford Street. Re-built in the 1950s, the building has housed C&A and most recently GAP, with the 4th, 5th and 6th floors let and occupied as offices. In the same ownership throughout its lifetime, the building is set to receive a comprehensive refurbishment. The 2nd and 3rd floors will be converted to office space, providing approximately. 1800 sq m of new CAT A+ office accommodation. Retail space will be provided at basement, ground and first floor with the new store retaining the existing triple-height frontage. The offices, accessed from 1 James Street, will benefit from air quality sensors, tech-led waste management and a new building management system which all contribute to a building that will be Net Zero Carbon in operation, with a target of Well Platinum rating for all office floors in the building – including those still occupied. They will also have new cycle storage and changing facilities and an extended reception area leading to a new first floor co-working lounge – the Green Room – with bookable meeting rooms and conference facilities. New male, female and gender-neutral WC facilities are added to the building, with a multi-faith/quiet room and roof garden just some of the new services available to the office tenants. “Where better than Oxford Street to undertake such an investment” said Chris  Baker, UK Portfolio Director for Redevco. “This project is a once in-a-generation opportunity to make a significant change to a building that had been in our client’s ownership for over 70 years. It has been key for us to refurbish and re-use what we have, focusing on our carbon footprint, whilst undertaking the change required to suit the needs of occupiers into the future. We have worked closely with our existing occupiers, neighbours and local stakeholders to minimise disruption and deliver maximum impact for good for this area of the West End. Very much in line with our corporate mission to make cities more liveable and sustainable, I look forward to seeing the project finished in 2025”. Download the English version
mixed-use
Apr 19, 2024
Redos Is Now Redevco
Megaproject Corp
Redos Is Now RedevcoAs of today redos, the Hamburg-based large-scale retail and urban logistics property investment specialist, will be Redevco going forward. Renaming redos into Redevco is a logical step in the integration of the two companies. In May 2022 we acquired a majority stake in redos to strengthen Redevco’s market position, especially in the highly attractive and resilient retail park segment and grow our businesses together. Founded in 2004, redos has a strong reputation in Germany as a trusted operator of retail warehouse parks and convenience retail sites. In addition, redos has a growing urban logistics business which allows for an integrated approach to servicing urban areas.   Through the acquisition Redevco was able to significantly grow its assets under management and increase its ability to realise our mission to help cities and urban areas become more sustainable and liveable. Last year redos and Redevco made a significant step creating one of Europe’s largest Retail Warehouse Parks asset management platforms by combining their retail park properties, those of redos in Germany and the ones of Redevco mainly in Belgium. This combined portfolio represents roughly 4.5 bn EUR of AuM. Our leading position in the retail park arena and provides a solid basis for future growth in close cooperation with our existing investor clients. As a further step in integrating the two companies, Lars Heese, who was already responsible for Redevco DACH, became responsible for the entire DACH operations, run out of the offices in Dusseldorf and in Hamburg. By doing this, we can make use of the synergies and economies of scale – being part of a European platform. Today marks another step in the integration, having renamed redos in Redevco.
mixed-use
Jan 22, 2024
Redevcast 7 The Mapic Series
Megaproject Corp
Redevcast 7 The Mapic SeriesIn this new Redevcast – a series of seven – we engaged in conversation with Cécile Pouzadoux, Portfolio Director, and Vanessa Medioni, Head of Communications, both Redevco France, about urban place-making, new retail concepts and mixed-use opportunities in the context of making cities more sustainable and liveable. As MAPIC unfolds this week and many colleagues from the retail real estate industry gather, we focus our attention to new formats that will revitalise the high streets and ensure cities and their centres will remain attractive places for people to be – whether they visit the place, work or live there. The redevelopments of existing buildings, necessary to create new destinations, must consider the various ESG related topics and comply to regulations being developed and implemented as we speak. Furthermore, the challenging market situation and economic downturn that most economies experience right now does not make the real estate lives easier. So how does the Redevco France team deal with all these variables influencing their work and the two iconic projects in Paris specifically? Listen to (or view) these podcasts to find out!
mixed-use
Nov 29, 2023
Red Company And Redevco Break Ground On The Baantower In Rotterdam
Megaproject Corp
Red Company And Redevco Break Ground On The Baantower In RotterdamDespite the slowdown in the residential construction market, RED Company and Redevco are proud to break ground on The BaanTower in Rotterdam On Monday, November 27, the ground-breaking ceremony marked the start of construction for The BaanTower in Rotterdam. The tower will house 427 rental apartments, with 30% falling within the affordable housing segment. The development is a collaboration between the Rotterdam-based developer RED Company and Redevco, one of the largest private urban real estate companies. The ground-breaking was celebrated alongside Alderman Chantal Zeegers (Climate, Construction, and Housing). The BaanTower, a striking 159-meter-high tower, will rise in the heart of the dynamic Baankwartier in Rotterdam. Developed by RED Company and designed by Powerhouse Company, it is set to become one of the city’s most sustainable residential towers. Featuring a lush green rooftop terrace, the design contributes to the local biodiversity. An extensive range of intelligently designed apartments, including studios, family homes, and penthouses, will be complemented by unique amenities. Residents of The BaanTower can enjoy relaxing on the rooftop terrace with a pool, strolling through the rooftop garden, utilizing the fitness facility, working in the library, or organizing events in the communal living room. Additionally, residents have the option to reserve a guest apartment for friends and family. Alderman Chantal Zeegers, municipality of Rotterdam: “The BaanTower is special not only in terms of the number of homes being realized in a stunning location in the city, but also in terms of the quality of the apartments. And that combined with an incredibly sustainable building. It is good to see that that we’re building for the future here.” RED Company and Redevco believe that mixed-use residential developments play a key role in the future of cities. The combination of affordable, high-quality homes and communal facilities contributes to a sustainable, social, and inclusive Rotterdam. Despite the slowdown in the residential construction market, RED Company and Redevco firmly believe this is the moment to build highly sustainable rental housing. Nanne de Ru, founder of RED Company: “The demand for sustainable and affordable housing is very high. We believe it’s crucial that projects like The BaanTower are realized to ensure that people can live in cities at an affordable price point. Effective collaboration with public and private partners is essential for this. Without a good collaboration with the Municipality of Rotterdam and our partners, we could not have achieved this milestone. We are proud to finally start this project in such a unique, central location in Rotterdam.” Herman Jan Faber, head of Business Development at Redevco: “The BaanTower is a tangible example of Redevco’s Urban Living strategy, aimed at realizing the new generation of rental homes across Europe. The BaanTower not only represents a new milestone in the Rotterdam skyline but also a promising step towards a more balanced and sustainable urban living environment. I am proud to be part of the beginning of this beautiful project, and I look forward to the positive impact that The BaanTower will have on the surroundings in the coming years.” The BaanTower features a unique sustainability concept, following the principles of the ‘Trias Energetica’: minimize the total energy demand, use sustainable sources for the remaining demand, and apply efficient energy from other sources if necessary. An innovative Aquifer Thermal Energy Storage (ATES) system utilizes underground water-bearing layers to store and recover heat for heating and cooling. The tower is also equipped with PV panels to generate green energy. In addition to the communal rooftop garden, most apartments have their own outdoor space. Flexibility in floor plans allows the apartments in The BaanTower to be separated or combined based on changing housing needs in the future. The green roof serves as a measure against heat stress, promotes biodiversity, and improves air quality in the area. The innovative sustainability concept achieved one of the best sustainability scores in the Netherlands, which is exceptional for high-rise buildings. This success translated into a ‘Groenverklaring’, a certification for sustainable buildings issued by the Netherlands Enterprise Agency. ABN AMRO Groenbank recognized these efforts by granting a ‘Groenlening’ (i.e. a green loan for sustainable buildings) of EUR 64 million for the realization of The BaanTower. The BaanTower is expected to be completed in 2026. Download English press release Download Dutch press release Pictures ceremony Ground breaking ceremony 1 Ground breaking ceremony 2 Ground breaking ceremony 3 Ground breaking ceremony 4 Renders Render BaanTower 1 Render BaanTower 2 Render BaanTower 3 Render BaanTower 4 Render BaanTower 5
mixed-use
Nov 28, 2023
Redevco Starts Works On Mixed-Use Project In Schaerbeek, Belgium
Megaproject Corp
Redevco Starts Works On Mixed-Use Project In Schaerbeek, BelgiumSchaerbeek, 14 November 2023 – Redevco has started the works to repurpose the Brico at 38 Avenue Britsiers in Schaerbeek. The site benefits from an excellent location, close to boulevard Lambermont and chaussée de Haecht. The existing Brico will be demolished from November. 49 social housing apartments, a Lidl supermarket (2,287 m² GLA) and a space for independent professions will then be built on the site. The project will also feature 126 bicycle parking spaces and 116 parking spaces on two underground levels. Gilles Bourgoigine, Head of Development at Redevco Belgium: “With this mixed-use project, we want to make a positive contribution to the neighbourhood. The new building is the combination of a beautiful architectural image and a complex programme carefully conceived with the local authorities. The project aligns with Redevco’s mission to create more sustainable and liveable places in the city for everyone. The residential part also adds a nice diversification to our portfolio.” Redevco has signed a rental agreement with the social housing agency ASIS (Agence Schaerbeekoise Immobilière Sociale) for the 49 apartments in the residential section. These comprise 1 studio, 15 one-bedroom apartments, 15 two-bedroom apartments, 12 three-bedroom apartments and 6 four-bedroom apartments. As with each of its redevelopments, Redevco aims to deliver a building that is state-of-the-art in terms of sustainability. This approach is reflected in a number of the project’s notable features: amongst others semi-passive housing, a large common garden for future tenants, solar panels to produce a part of the energy required for each function, a complex system for recovering all rainwater, intensive green roofs, and a BREEAM Excellent rating. Demolition of the Brico building will start from November, followed by construction of the two basement levels. The works will take about 2 years to complete. The aim is to deliver the supermarket and start leasing the apartments by August 2025. English versionDutch versionFrench version
mixed-use
Nov 21, 2023
The World’S Largest Zara Store Now Open In Rotterdam
Megaproject Corp
The World’S Largest Zara Store Now Open In RotterdamOn November 17, 2023 – retailer Inditex opened the world’s largest Zara store at the Coolsingel / Beursplein in the very heart of Rotterdam’s city centre. With this new flagship store, Inditex amplifies its position in Rotterdam. In this building of approximately 8,000 m2  Inditex concentrates its former two Zara stores (Beursplein and Lijnbaan) and Zara Home store (Coolsingel) under the same roof. And to its latest design, including the newest assortments and technological features. Sustainability in the cityThe facade of the building at ‘Beursplein’ was fully refurbished. Parties also joined forces to make the building as sustainable as possible, in line with Redevco’s ambition to make its entire portfolio energy neutral by 2040. This includes a new green roof and the installation of 257 solar panels. A great accomplishment of our Dutch Redevco team.
mixed-use
Nov 21, 2023