Netherlands: Neil Slater, global head of real assets at abrdn, will become CEO at Redevco in October, when Andrew Vaughan will step down.
Under Vaughan’s leadership, the company introduced its liveable cities strategy which resulted in greater diversification and the addition of third-party capital for the first time. In 2022, he also led Redevco’s acquisition of a majority stake in redos, the Hamburg-based firm, creating a Retail Warehouse Park platform.
Boudewijn Beerkens, CEO of COFRA Holding AG said: “I am pleased to welcome Neil as Redevco’s new CEO. Neil has a proven track record of growing assets under management and attracting external investors in a multi-asset environment, which fits with COFRA’s strategy to attract more like-minded third-party capital to our investment strategies. I want to thank Andrew for his contribution to Redevco’s growth and success since joining in 2000. He has been a wonderful and inspirational colleague. Under his leadership, Redevco has grown substantially to become a trusted partner in creating more sustainable and liveable cities, proving that purpose and performance can go hand in hand. We wish him every success in the future.”
Slater currently leads a real assets business that grew assets under his management to £50 billion. He has held leadership roles in London, Zurich, Tokyo, and Edinburgh with abrdn, Standard Life and Man Group.
Slater said: “I am proud to join Redevco at such a pivotal moment in its growth trajectory. As the world’s population continues to grow, and climate change impacts our environment, Redevco through both its capabilities and the wider COFRA group, has a crucial role in making cities and urban areas healthier, more sustainable, and liveable. I passionately believe that purpose and performance must go together, so I am thrilled to be joining a company that is dedicated to aligning its clients’ interests with a mission to effect positive change.”
Vaughan, current CEO of Redevco, said: “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. 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 to hand over to Neil who I am convinced will do a superb job in steering Redevco forward.”
