Andrew Vaughan will step down as chief executive of Redevco in October, with Abrdn’s Neil Slater taking the helm.
Redevco’s shareholder, COFRA Holding AG, announced today that Slater (pictured, above left), currently abrdn’s global head of real estate and real assets, would take up the role on 1 October.
Boudewijn Beerkens, chief executive of COFRA Holding AG, said: “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.”
Slater has previously held leadership roles in London, Zurich, Tokyo, and Edinburgh with Abrdn, Standard Life and Man Group.
Slater said: “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.”
Vaughan’s departure comes after more than 20 years at Redevco and almost 12 as chief executive.
Last year, Vaughan (pictured, above right) led Redevco’s acquisition of a majority stake in Hamburg-based Redos, creating one of Europe’s largest retail warehouse park platforms.
Beerkens said: “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.”
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