RE-TEC Investment Announcement

RE-TEC Solutions, a pioneering prop-tech company providing intelligent technologies aimed at revolutionising the management of retail property assets, is pleased to announce that it has received a strategic investment from the REdimension Real Estate Technology and Sustainability Fund, a fund advised by REdimension Capital. The investment from REdimension marks a significant milestone for RE-TEC, empowering the company to expedite its platform development roadmap and bolster its growth strategy across South Africa and targeted global markets.

RE-TEC’s innovative platform empowers shopping centre owners and managers by providing aggregated data and insights within an integrated, digital property management platform, fostering streamlined processes and seamless connectivity between landlords, tenants and service providers. Through smart decision-making capabilities, operational efficiency enhancements, heightened tenant engagement, reduced administrative overheads, and augmented rental revenue, RE-TEC adds substantial asset value to commercial properties. The value proposition is endorsed by RE-TEC’s blue chip listed REIT clients who have adopted existing modules and are partnering in the growth roadmap of the platform to drive value in their portfolios.

Established in 2022 in South Africa by retail development, management, and marketing experts in conjunction with technology solutions specialists, RE-TEC benefits from a founding team with extensive global relationships and deep understanding of the retail, real-estate and technology landscape. RE-TEC has also proudly partnered with Empire Partner Foundation and its world-class development team to continue to drive product enhancements while empowering and nurturing young tech talent on the continent.

The investment, coupled with access to REdimension’s extensive network of investors, owners, and operators, will enable RE-TEC to access and collaborate with the market’s leading real estate owners and managers to optimise its product suite, maximizing valuation creation for its client base and accelerating its expansion in South Africa and globally.

Aileen Rodel, Co-Founder and CEO said, “Our vision at RE-TEC is to create a seamlessly connected ecosystem where retail, real estate, and technology solutions converge to redefine how property is managed. We are committed to continual innovation within the industry to enhance asset value, operational performance and drive sustainability outcomes, and are excited to partner with REdimension who share this commitment.”

Commenting on the transaction, Peter Clark, Managing Partner of REdimension Capital said: “We are thrilled to be partnering with RE-TEC on its innovation journey. Following extensive work on the market and company, we believe their approach to servicing the retail real estate sector is poised to revolutionise how landlords and tenants interact, make data driven decisions, and optimize operations and utilities. With a dynamic team and robust technology, we’re confident in their ability to drive significant value in this rapidly evolving industry.”

For further inquiries, please contact:
Aileen Rodel
RE-TEC Solutions
aileen@re-tecsolutions.com
+27 72 512 5332

About RE-TEC Solutions:
RE-TEC Solutions is a prop-tech company offering intelligent management technologies to the retail and real estate markets. Through its integrated digital property management platform, RE-TEC empowers landlords and tenants with aggregated data and insights, enhancing operational efficiency and asset value.

About REdimension Capital:
REdimension Capital was established in South Africa in 2021 to accelerate innovation in the built environment. Leveraging the unique blend of property-centric skills and experience of its founders, the company has created an eco-system at the intersection of real estate, technology and sustainability with the ambition of enhancing operational performance and improving sustainability in the built world. REdimension Capital has adopted an advisory-based approach to investing and works closely with forward-thinking strategic corporate partners, including Burstone Real Estate Partners, Growthpoint Properties, Rand Merchant Bank, Liberty Group and Sphere Holdings, amongst others, to advise, invest and innovate future technology. REdimension Capital is a category 1 Financial Service Provider (No. 52205).