NICE, FRANCE-LaSalle Investment Management has provided EUR 21 million in mezzanine financing to support Thor Equities' acquisition of a retail property on Boulevard de la Croisette located in Cannes, France. The portfolio includes eight retail units that stretch along Cannes' Mediterranean shoreline.
The retail units, which total approximately 24,756 square feet, are leased to tenants such as Brioni, Burberry and Jimmy Choo. The Debt Strategies Team at LaSalle has invested approximately EUR 300 million in the past 12 months. For the full story, go to Europe Real Estate .
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