Redevco has acquired Roebuck, a specialist logistics investment and asset manager with approximately €1bn in assets under management across the UK and continental Europe.
The strategic acquisition further diversifies Redevco’s real estate platform and gives it a stronger foothold in the logistics sector.
The existing Roebuck team, including co-founders Hugh Macdonald-Brown and Nick Rhodes, will lead Redevco’s logistics strategy forming a dedicated logistics arm under the Redevco umbrella.
Neil Slater, CEO of Redevco, said: “I am thrilled to welcome the Roebuck team to Redevco. They bring deep knowledge of the sector, a strong team focus and an entrepreneurial mindset, which is a great cultural fit for Redevco. Logistics naturally fits our investment universe. It complements our existing strengths in retail parks and urban transformation, providing connected opportunities in the supply chain space and aligning with our long-term vision of building a platform that creates transformative real estate while generating value for clients.”
Macdonald-Brown added: “We are really excited to join the Redevco business. There is a clear alignment in cultural values and investment thinking. The transaction allows us to accelerate our growth ambitions while continuing to deliver value for our partners. We share a long-term investment mindset and see significant opportunity to scale our logistics capabilities across Europe. We look forward to working together with our new Redevco colleagues.”
