Redevco expands into logistics with Roebuck acquisition

European real estate manager Redevco is expanding its presence in the logistics sector by acquiring Roebuck.

SEGRO Park Kettering

Roebuck is a specialized logistics investment and asset manager with about €1 bn in assets under management across the UK and continental Europe.
This acquisition is a major step for Redevco, creating a dedicated logistics division and further diversifying its European real estate portfolio. Roebuck's 15 years of experience and occupier-focused approach in the logistics supply chain, from initial to final delivery, will enhance Redevco's capabilities, complementing its existing focus on retail parks and urban development.
Roebuck’s expertise, entrepreneurial spirit, and strong connections with institutional investors will be integrated into Redevco’s operations. Roebuck's co-founders, Hugh Macdonald-Brown and Nick Rhodes, and their team, will now lead Redevco’s logistics strategy under the new dedicated logistics arm.
The acquisition also underscores Redevco’s commitment to sustainability, as Roebuck’s projects incorporate renewable energy and ESG-conscious asset management, aligning with Redevco’s environmental and social goals.
Neil Slater, CEO of Redevco, commented: “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.”
Hugh Macdonald-Brown, one of Roebuck’s founders and now head of Logistics Redevco, said: “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.”
This acquisition is part of Redevco's broader strategic plan, which includes venturing into specific urban living projects, increasing its presence in retail parks, and pursuing opportunities in real estate debt and special situations.