Redevco has completed the acquisition of a portfolio of 16 retail parks across the United Kingdom for £518 million (€627 million/$661 million).
The portfolio was assembled by Oxford Properties via the M7 Real Estate specialist platform it acquired in 2021.
“This acquisition is a welcome addition to our pan-European platform, demonstrating our confidence in this sector. Retail parks combine cash-flow resilience and adaptability, making them a compelling investment. Having focused on this sector internationally for years, we’re delighted to supplement our holdings at a fascinating time for the U.K. market,” said Neil Slater, CEO of Redevco.
The acquired portfolio encompasses approximately 2.1 million square feet of net internal area and is anchored by a diversified mix of tenants, including well-established brands in the food, DIY and discount sectors. The assets are in core urban centers across the United Kingdom, with a strong concentration in South an
