An investment into a ReDev plaza is both simple and uncomplicated.
ReDev owns the property prior to selling portions to investors.
New investors become equity partners in the project they invest into by way of a share purchase from ReDev's own share holdings.
ReDev always remain invested in the project themselves in order to benefit in the same way as new equity partners.
The tenants of the projects pay their contractual lease payments to the property managers.
The property managers in turn assume responsibility to pay both the mortgage payments of the property and the accountancy fees and expenses.
Richard Crenian - CEO & President - explains "ReDev are a Canadian company owned by Canadians and have been in the real estate business in Canada since 1981". During this time, ReDev have successfully developed over 11,000 units and currently have 25 shopping malls under management.
ReDev have the local knowledge required to succeed and have never lost a cent of client money – ever !!!,
You can rest assured that your money is in stable , secure hands.
80% of ReDev investors live in Canada and 66% are repeat investors.
“The vast majority of ReDev investors live in the area in which ReDev properties are situated – this speaks volumes about the value and excellence of these locations.”