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Redevcast in France #5 Rue de Rivoli
Redevcast in France #5 Rue de Rivoli
In the second episode of our #Redevcast MAPIC World series featuring our French portfolio we talk about the current market dynamics, our response to that. Despite turbulent macroeconomic conditions for the French economy, France is rebounding at a stronger pace, with inflation falling to 4% - lower than the overall European rate. Coupled with falling unemployment at 7.4% and government support packages, the French market remains resilient, strong, and attractive for investors. With the 2024 Paris Olympic games projected to deliver a major economic boost to cities across the country, Redevco is also playing its role in investing in innovative projects, such as our Boulevard Haussmann project in Paris and the redevelopment of the well-known department stores Galeries LaFayette and the La Samaritaine in the city. What 'beliefs' form the fundament for our redevelopment approach? -- Redevco is a European real estate urban regeneration specialist with a clear ambition to grow in order to create positive impact by helping cities become more sustainable and liveable. With 25 years of experience and strong financial backing, Redevco delivers specialist investment strategies in urban real estate, focused on opportunities to repurpose to mixed-use, in the segments of living and leisure and hospitality as well as in retail warehouse parks, to generate above[1]average risk-adjusted returns for clients in selected core market segments. As a trusted and professional partner, Redevco invests in properties with a view to developing future-proof and vibrant places in dynamic urban locations where people want to live, work and play. Redevco is committed to making the combined portfolio managed on behalf of its clients net-zero carbon by 2040.