The investor and project developer of the RRZ is reorganising its management.
Mülheim, 27 January 2025 – The pan-European real estate investment and development company, Eurofund Group, has appointed Olaf Ley, who has been with the Group since November 2024, as the new CEO Retail Germany. As CEO Retail, he will take over the management of the German Eurofund organisation. The focus will be on establishing and further developing the structures and managing the RRZ project. In addition to the asset management of the RRZ, Ley will also drive forward the project development and restructuring of the site. In his role he will also be responsible for the strategic acquisition of new property and business opportunities in Germany. This also includes the expansion of partnerships with investors and the extension of Eurofund’s range of services.
Experienced property expert
With the appointment of Olaf Ley, the Eurofund Group is underlining its ambition to establish itself as a leading player in the field of property development and management. The renowned property expert Olaf Ley (49) has more than two decades of experience in leading positions with major players in the property sector. He began his professional career in 2001 as a graduate trainee at JLL. From 2003 to 2006, he managed the project development of the Luisenforum shopping centre in Wiesbaden and Limbecker Platz in Essen for Karstadt Immobilien. From 2007 to 2015, Ley contributed to the successful development and expansion of ECE Projektmanagement in various functions. Under his leadership as Director M&A, investments totalling around EUR 5 billion were successfully implemented in Germany, Austria and Poland. After further positions as Managing Director at iMallinvest (2015 – 2018), he held the position of Managing Director for Investment, Business Development and temporarily also Asset Management at Unibail Rodamco Westfield Germany (2018 – 2024) before joining the Eurofund Group.
Vision for Eurofund
Ian Sandford, President of the Eurofund Group, says: ‘With Olaf Ley, we will successfully continue on our chosen path in Germany and further expand our activities. We are very pleased about this reinforcement.’
‘I am very much looking forward to actively shaping the future of property development together with the Eurofund team. Our focus will be on realising innovative projects, building sustainable partnerships and fully exploiting the potential of the German market,’ says Olaf Ley.
ABOUT EUROFUND GROUP
Eurofund Group is an investment, development and real estate management group with over 30 years of experience in the market. It operates in Spain, Portugal, the United Kingdom, Germany and Italy, and is structured across several business lines: Eurofund Retail and Living, which includes coliving spaces such as Tribu in London, and senior living projects under the Luana brand.
Among the company’s most prominent projects are Puerto Venecia in Zaragoza — awarded Best Shopping Centre in the World at MAPIC 2013 —, the acquisition of UBBO (formerly Dolce Vita Tejo) in Lisbon, transformed into Portugal’s first “shopping resort”, and the acquisition, together with Henderson Park, of Silverburn, Glasgow’s leading shopping centre. In March 2024, Eurofund Group acquired Islazul alongside Henderson Park — Madrid’s largest shopping centre and a sustainability benchmark, which in 2025 achieved the highest rating under the BREEAM® certification framework.
In 2022, the company made its first entry into Italy with the acquisition of Parma Retail, in partnership with Signal Capital, to transform it into Parma Promenade. In July 2023, Eurofund Group further expanded its European presence with the acquisition of Rhein-Ruhr Zentrum in Mülheim, Germany, through a joint venture with Signal Capital.
Eurofund Group
Cristina Sánchez csanchez@eurofundgroup.com | 660 85 95 17
