LaSalle Investment Management announced it has completed the EUR 33 mln refinancing of its Olympe property in Paris on behalf of LaSalle European Growth Fund II. The new deal also includes an extension of the debt arrangements on the property.
LaSalle Investment Management announced it has completed the EUR 33 mln refinancing of its Olympe property in Paris on behalf of LaSalle European Growth Fund II. The new deal also includes an extension of the debt arrangements on the property.
Olympe is a 16,000 m2 office complex, with retail space, situated in the St Denis area of Paris. The primary long-term tenant is French bank BNP Paribas.
German bank Landesbank Hessen-Thüringen (Helaba) acted as sole underwriter and hedge provider on the transaction. DePardieu provided LaSalle with legal advice.
