Retail developers need to review their strategies following the wave of shopping centre development in the recent past, according to Jaap Gillis, COO of Europe’s leading private real estate company Redevco. ‘The independent developer, in my opinion, is a dying profession. The successful ones who redevelop in the future will be integrated into construction and investment companies.’
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
