The 38-year-old joins the group from Deutsche Logistik Holding, which belongs to the Zech Group, where he was responsible for project development in logistics and industry in northern Germany.

Oliver Herrmann, CEO of Redos said: 'Large-scale retail properties are and will remain our DNA. But we are taking a holistic approach to the question of what space is needed to get goods to people.

'Nowadays, it is irrelevant whether a customer buys an item in the shop and takes it home straight away, has it delivered or picks it up at a specified location.

'Individual supply chains and freight routes in cities are becoming more and more intertwined. By intelligently connecting the areas needed for this, we are creating new and attractive investment opportunities for our investors.'

Dibbern is a specialist in establishing and developing commercial and logistics space and also has experience in local government. Previous roles include managing director of Stadt Stade Beteiligungsgesellschaft, where he was responsible for business development.

Said Dibbern: 'The Redos Group has enormous expertise in retail properties. I want to expand this knowledge by providing my expertise, continue to optimise the use of available space at existing properties and add suitable properties to the portfolio.

'Having an optimal mix and integrating commercial real estate and commercial and logistics space sustainably and in a way that conserves resources is increasingly important in urban development.

'Given this, we consider ourselves an important and qualified point of contact for cities and local authorities.'