#Deal
#Investors

"Place des Halles" shop­ping cen­tre, Stras­bourg

Helaba, in its capacity as sole arranger and lender, is providing long-term financing for LaSalle Investment Management of EUR 146m for a shop­ping mall north of Strasbourg’s city centre.

Place des Halles shopping centre, prominently located in the city of Strasbourg
Place des Halles shopping centre, prominently located in the city of Strasbourg

The shopping centre, which was completely refurbished in 2013, has a total lettable area of about 39,300 sqm and has been almost fully let to renowned French and international retailers. It is easily accessible thanks to its prominent location in the city centre of Strasbourg. Strasbourg is not only a tourist centre but also home to many European institutions and the preferred location for international companies that would like to establish a presence on the French market.

LaSalle Investment Management is a leading company in the real estate investment sector. In France, it manages a retail portfolio of approximately EUR 750 million.

InvestmentShopping mall north of Strasbourg’s city centre
CustomerLaSalle Investment Management
Type of financeLong-term real estate finance
Volume of financeEUR 146m
Role of HelabaSole arranger and lender
ClosingDecember 2017
Unit/DepartmentReal Estate Finance France

Further selected projects

Renaud Jézéquel
Real Estate Finance France, Helaba Paris

Finan­cing com­mer­cial real es­tate

­Large-scale real estate projects have been our core busi­ness for decades and through­out all eco­no­mic cycles.

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