Clearwater International advises the Labruyère Groupe on the refinancing of its retail asset at L'Isle d'Abeau

Labruyère Groupe, owner of the shopping centre based at L'Isle d'Abeau - Les Sayes has announced the refinancing of its retail asset.

Located between Lyons and Chambéry, the shopping centre covers more than 20,000 sqm of retail space, including 42 units within a commercial area consisting of more than 80 stores. The centre was completely renovated in 2017 with an extension of the shopping mall and a rejuvenated approach to the customer journey.

The refinancing takes the form of a mortgage loan provided by CIC Lyonnaise de Banque, with support from Crédit Agricole Centre Est and Arkea, which allows Labruyère Groupe to optimise the asset ownership structure.