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.
"Go Shopping", our new brand... to be implemented at our retail park development in Lleida for the first time.
We extend our reach beyond Spain and Portugal, to enter in Italy with a shopping center and a student residence development in Turin.
We develop a concept for coliving, Be2gether, and begin the search for our first building.
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.
Salvador is a Director of Eurofund Group and focuses on Communications and Institutional Relations.
ECP Managing Director
Ion joined Eurofund Group as Managing Director of Eurofund Capital Partners in 2015.
Maria Luisa María
Mª Luisa joined Eurofund Group as Chief Financial Officer in January 2018.
We support "De Los pies a la cabeza" by contributing in their daily efforts to improve our society.
"De Los pies a la cabeza" exists to promote individual resilience and empowerment, aspiring to improve our world by creating the best version of each and every one of us, regardless of whoever we may be and the challenges we face.