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On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

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Eurofund Group, the international investment and real estate development company has officially launched a UK retail arm.

The new UK division will be headed up by Alberto Esguevillas, former development director and country manager at Unibail-Rodamco-Westfield, who has taken the role of CEO UK.

He is joined by Mike Rhydderch, bringing more than 25 years’ experience across M&S and capital markets, most recently as a managing director of EastDil Secured and Emma Hindes, who will take the role of chief operating officer.

First established in 2004, the group’s managed assets have in excess of 1,000 tenants, including international retailers present in the UK and mainland Europe such as Inditex, Primark, H&M Group, IKEA, UCI/Odeon Cinemas and ASM.

Esguevillas said: “Eurofund is a true market leader with powerful credentials across both new developments, repositioning of existing assets and ongoing management, and I am thrilled at the opportunity to be a part of its expansion into the UK.

“In my view, the UK is the most dynamic market for retail opportunities at this moment in time and I look forward to working on some very exciting opportunities over the next few months.”

Ian Sandford, president, Eurofund Group, added: “The launch of Eurofund Retail UK is the next logical step for the business, which already has a strong track record across Spain, Portugal and Italy.

“I am confident that with this experienced and established team leading the expansion, we will see solid growth across the entire region as we explore interesting new joint venture partnerships and co-investing opportunities in exciting retail schemes.”

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