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Eurofund Group launches 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

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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