Redevco CEO steps down, abrdn’s Neil Slater to take over in October

Andrew Vaughan is stepping down as CEO at Redevco after more than two decades with the firm, COFRA Holding, Redevco’s shareholder, announced on May 11.

Neil Slater, global head of real estate and real assets at abrdn, will step into Vaughan’s vacated leadership role on Oct. 1.

Under Vaughan’s leadership, Redevco introduced its livable cities strategy, which resulted in greater diversification and, for the first time, the addition of third-party capital. Last year, he led Redevco’s acquisition of a majority stake in redos, the Hamburg-based firm, creating one of Europe’s largest retail warehouse park platforms.

“I feel incredibly privileged to have led Redevco, and I want to thank everyone at COFRA and Redevco for their support since I joined the company in 2000,” said Vaughan. “After almost 12 years as CEO, with major milestones behind us and having repositioned Redevco as a multi-client, multi-strategy real estate manager, now is the right time