Our strategy is to maximize the revenue potential of shopping plazas and other commercial properties while minimizing the risks to owners.
About ReDev Properties
ReDev Properties Ltd. is a Canadian commercial real estate asset management company that has managed over 2.5 billion dollars in real estate assets since 2001. At ReDev Properties, we take a hands-on approach to investing, developing, and managing the commercial real estate for our global partners.
Since its formation, ReDev Properties has purchased and managed a large number of commercial real estate properties across Canada. At ReDev Properties, we are dedicated to providing partners and institutional investors both access and expertise to succeed in the Canadian commercial real estate market.
We’ve worked with businesses all over the world who have wanted to get a piece of the competitive Canadian real estate market. If you represent a business that is looking to partner with ReDev Properties, give us a call today and we can discuss your options.
Every day we meet the challenge of finding the right investments to add value to our partners’ needs. Find out how ReDev Properties can help diversify your portfolio and maximize your profit today.
Why invest in the Canadian commercial real estate market?
Canada is one of the safest and most secure places to invest. A continuous demand and limited supply for Canadian commercial properties make for immediate profit.
Our management team is highly experienced, with goals to deliver stable income and attractive long-term returns through a diversified portfolio of outdoor commercial properties. At ReDev Properties, we use our vast knowledge of the Canadian real estate market to ensure our assets will retain and increase in value for both stability and future growth.
A Proven Investment Strategy
Why choose ReDev Properties?
Because you get immediate cash flow while maximizing capital gain potential.
At ReDev Properties, our strategy is designed to find properties will potential growth, create value within these opportunities, and maximize the returns for our partners. Our current focus is to obtain the highest possible risk-adjusted returns through development or acquisition. We also put a large focus on both retail and multi-use properties.
Our core strategies are intended to increase cash flow over time, base asset value, optimizes yield, equity, and IRR for our partners. A majority of our acquisitions are currently in markets located in Western Canada, mainly Alberta and Saskatchewan, where market inefficiencies with room for growth are most present. This allows us to increase rent whenever lease renewals are up for discussion, and tenants share more of the costs, like maintenance and property tax, allowing us to bring in a higher cash flow for our partners.
Looking to do business with us on behalf of your client? Give us a call at 416-225-5700 and we can discuss your client’s individual goals and needs.
Acquire: look out for significant potential growth from the property with current rents below market, acquire high-value properties at competitive prices, mitigate risk through a non-recourse mortgage loan.
Manage: increased rent upon new lease renewals and through development/expansion. Tenants pay for related costs (maintenance, taxes, insurances, etc.).
Sales/Refinance: in terms of sales, realize anticipated capital gain from the sale of the property. For refinancing, realize tax effective equity build up from refinancing and continue to receive income from rent.
Advantages of Commercial Properties in Canada with ReDev Properties:
- Steady cash flow from stable tenants
- Long leases (5 – 20 years)
- Strict commercial law
- Triple net leases (the tenants pay costs)
- Tenants keep properties well-maintained
- Growing demand & limited supply
ReDev Properties has 30+ years of experience and a proven track record of 100% success.
Since 2001, we have sold many properties, each resulting in substantial capital gains. ReDev Properties currently has multiple properties under our management across Canada. This success is a direct result of 3 decades of experience, as well as close client relationships and networks within the Canadian real estate investment industry.
- Over 30 years experience
- Over 11,000 properties developed
- 100% track record of success
- 18 shopping plazas currently under management
- 15 shopping plazas resold
- 5 – 7 years ownership horizon
Canada has considerably less retail space when compared to U.S., hence the increased demand and double per sq.ft. income for retailers in Canada.
As the real estate market and economy in Canada continues to expand, we’ve seen extraordinary opportunities in commercial real estate investment in the past few years. We anticipate investments to result in excellent overall risk-adjusted returns through a combination of high current income and value creation.
At ReDev Properties, we’re known for our well-timed investment strategies, ability to maintain strong relationships with clients, and exceptional industry reputation. Due to these reasons, we have secured an advantageous position in target markets that present an exclusive lineup of profitable investment opportunities.