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28 May 2012

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Redevco restructures Germany, divesting office, logistics

Amsterdam-based Redevco, one of the largest retail property owners in Europe, is rolling out an expansion strategy in Germany to restructure by acquiring or developing city centre retail, and selling office and logistic assets. The E7.4bn Redevco was part of the C&A fashion chain founded in 1861 by Clemens and August Brenninkmeijer, but is now independent.

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