Landesbank Hessen-Thüringen (Helaba) has arranged a EUR 180 mln consortium loan for Value Retail's La Vallée Village outlet centre near Paris. La Vallée Village has consistently been rated the pre-eminent luxury outlet centre on the Continent with over 90 of the world's premier fashion and luxury brands.
Landesbank Hessen-Thüringen (Helaba) has arranged a EUR 180 mln consortium loan for Value Retail's La Vallée Village outlet centre near Paris. La Vallée Village has consistently been rated the pre-eminent luxury outlet centre on the Continent with over 90 of the world's premier fashion and luxury brands.
Managed by Value Retail under the Chic Outlet Shopping brand, the Village has been delivering double digit annual same-store sales growth.
The financing transaction was structured and arranged by Helaba. The other lenders are Deutsche Postbank, Deutsche Hypothekenbank (Actien-Gesellschaft) and Deutsche Genossenschafts-Hypothekenbank. Helaba is the facility agent.
The borrower was advised by JeantetAssociés and Wargny Katz. Godet Gaillard Solle Maraux & Associés and Allez & Associés advised the lenders.
