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 four 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.
Maria Luisa María
Mª Luisa joined Eurofund Group as Chief Financial Officer in January 2018. Mª Luisa has developed her professional career mainly at General Electric Capital were leaded different finantial job positions in Spain and other European countries, among which Spanish CFO on the real estate division. Between 2017 and 2017 she had been an integral part of Anida´s Strategy and Finance team, BBVA´s real estate division.
Marta Martinez del Vas
Marta joined Eurofund Group as Finance Controller in April 2018. She has a 16 years of Finance & Controllership experience in multinational environments, being last 10 of them in General Electric Real Estate, as Assistant Controller for Spain (2006-2011), and as Operational & Intercompany Controller for Europe (2011-2016). Before join GE, she worked in Burger King Spain, holding various responsibilities within the Finance Department.
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.
Dan joined Eurofund to develop the Be2gether Coliving concept in 2017. Previously Dan had been working in concept development in London, developping a number of restaurants, bars and street food concepts. Additionally, Dan has been a part of two residential developments and completed a student housing project comprising of 60 rooms.
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.
Marta joined Eurofund Capital Partners in February 2018 as an Adminstrative Assistant in order to support the team and perform administrative tasks.
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