intu joint venture
Eurofund Capital Partners
LOGISTICS CAPITAL PARTNERS JOINT VENTURE
Eurofund was founded in 1994.
In 1998 it completed the development of Parc Valles, a 60,000m2 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 200,000m2 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.
Because sheds are the new shops, Eurofund has entered into a joint venture with Logistics Capital Partners, one of Europe’s 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.
intu Costa Del Sol
Dolce Vita Tejo
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.
Press & IR Director
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).
Intu Spain Managing Director
Nick is a Director of Eurofund Group. Following the success of the Shopping Resort concept implemented at Puerto Venecia, Nick joined Eurofund in 2013 to take forward the concept of the Shopping Resort and to develop new schemes. Nick is the Managing Director of Intu Spain, the joint venture between Intu and Eurofund to develop and manage the platform of Shopping Resorts in Spain.
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.
CFO Eurofund Group
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
Group Leasing Director
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.
Ana joined Eurofund Group in July 2013 as Executive Assistant to Ian Sandford, the group’s President. Previously, she worked as Executive Assistant to Nick Hodson on the Eurofund/British Land/Orion joint venture that developed Puerto Venecia.