Intu joint venture
Eurofund Capital Partners
Logistics Capital Partners Joint Venture
Eurofund was founded in 1994.
In 1998 it completed the development of Parc Vallès, a 60,000 sqm integrated leisure and retail park in Terrassa, Barcelona.
In 1999 Eurofund saw the potential for the concept of shopping resorts, destinations where people not only come to shop but also to spend their free time.
Puerto Venecia in Zaragoza opened in 2012 and was voted 'Best new shopping and leisure centre in the world' at the 2013 Mapic awards. With a GLA of over 200,000 sqm it is Europe's largest retail destination and welcomes nearly 20m guests every year.
In April 2013 Eurofund established a joint venture with intu, the leading investor in shopping centres in the UK, to develop and manage a platform of Shopping Resorts in Spain.
In January 2015, Eurofund created Eurofund Capital Partners and entered into its first project, a joint venture to extend and transform Dolce Vita Tejo in Lisbon, Portugal, the country's largest shopping centre, into the country's first shopping resort.
Eurofund Capital Partners also acquired Dolce Vita Odeón, a shopping center in Narón (Ferrol). With a planned investment of over €12M, Eurofund is transforming the centre and its vision for the centre has attracted new retailers such as H&M and Lefties.
Eurofund Capital Partners acquires 140,000 sqm to develop Parc Lleida, the largest retail park in the region with 55,000 sqm GLA and an investment over €80M.
Three new shopping centers in Cuenca, Alcoy and Sevilla are added to our portfolio . With an investment plan of over €60M, Eurofund's Capital Partners visión is to rank each of them as leaders in their catchment area.
Because sheds are the new shops, Eurofund has entered into a joint venture with Logistics Capital Partners, one of Europes leading logistics developers, to develop logistics platforms in Spain and Portugal.
The world of retail is going through a period of enormous transformation and structural change, mainly thanks to e-commerce and changes in consumer behaviour. Out of this upheaval some terrific opportunities emerge not only online, but also for bricks and mortar, and most importantly in customer experience. Our unique relationship with retailers gives us privileged insight into their future plans to address and embrace change
Our focus at Eurofund is to keep pace with the endless changes the digital economy presents, embracing the opportunities e-commerce brings for bricks and mortar, and importantly to enhance customer experience with a level of emotional engagement that on-line cannot.
Our three responses to this new market are:
Eurofund manages €3.5bn of retail assets either open or under development.
Discover below some of our principle investments.
Dolce Vita Tejo
Dolce Vita Odeon
The team includes some of Spain’s most accomplished and successful real-estate professionals.
What stands them apart is their passion and innovative approach to the world of retail.
Ian was one of the founding directors of Eurofund and is now the group's President. He qualified in London as a Chartered Surveyor, but has spent the majority of his career working in the retail sector in Spain. Along with Salvador Arenere, Ian led the planning process of Puerto Venecia and then together with Nick Hodson, led the development team.
Salvador is a Director of Eurofund Group and focuses on Communications and Institutional Relations, a role he has carried out from the beginning of the Puerto Venecia scheme. He is the President of the Directors Institute of Aragón (ADEA) and member of the Board of the Spanish Confederation of Directors and Executives (CEDE).
ECP Managing Director
Ion joined Eurofund Group as Managing Director of Eurofund Capital Partners in 2015. From 2010 to 2015, Ion was Director of High Street & Tenant Representation at CBRE, and previously during seven years, he acted as Expansion Director for H&M in Spain and Portugal.
David joined Eurofund in 1998 as Finance Director. He has been responsible for structuring the finance in every Eurofund deal to date, and is responsible for the group’s administrative systems and procedures. He was a bank economist for 10 years and held the position Director of the Risk Department. David has also been a lecturer in various universities teaching Business Strategy.
Juan de Mena
Juan has considerable retail leasing experience in new build development and established shopping centres. He previously worked with Riofisa as Leasing Director and a board member of Necsa, the joint venture between ADIF and Riofisa. From 2009 to 2012 Juan was the Leasing Director for Puerto Venecia and latterly has been Head of Leasing at Corio Real Estate Spain, prior to joining Eurofund in 2014. Juan is the Leasing Director of intu-Eurofund joint venture.
Alejandro Vicioso joined Eurofund Capital Partners in May 2016 as Letting Manager bringing first class expertise in the retail sector. From 2008 to 2016 he managed the leasing of the LSGIE projects in Spain and was previously Commercial Project Manager at Duprocom and a Retail Director at King´s Sturge in Spain. Alejandro holds a Masters Degree in Real Estate Management from the Esine Institution.
María joined Eurofund Capital Partners in January 2017. She gained extensive shopping centre management experience during her time at Unibail-Rodamco as Operations Manager. Previously, María worked within Advisory Services at Ernst & Young. Having graduated from ESADE Business School with a Business Administration Degree, she went on to continue her studies completing a Master´s Degree in International Management.
Guillermo joined Eurofund Capital Partners in September 2015. Previously, he worked as an analyst in the Corporate Finance department of PwC for three years where he was involved in real estate, energy, infrastructure and insurance projects. Guillermo holds an Economics Degree from the University of Navarra – IESE.
María joined Eurofund Capital Partners in April 2016. Previously, she worked at PwC in the Financial Consulting department providing financial advice to the firm’s banking and insurance sectors. María graduated with an International Business Administration Degree at Universidad Pontificia de Comillas ICADE and Lancaster University.
Teresa joined Eurofund Capital Partners in October 2015 as Executive Assistant to Ion Saralegui, the ECP Managing Director. Previously, she worked with Ion at CBRE for five years.