Paris, 23 September 2026: La Française Real Estate Managers (REM), a subsidiary of the La Française group, has successfully completed the refinancing of DSQUARE, a 30 000 m2 Grade-A office building located in the Cloche d’Or mixed-use development in Luxembourg.
Completed in 2019, the sixteen-story office building is 100% let to Deloitte LUXEMBOURG under a long-term lease with 7.5 yrs of remaining term.
Acting on behalf of two institutional investors, La Française REM successfully secured a three-year extension of the loan maturity with no additional equity contribution required. The refinancing was provided by Helaba Landesbank Hessen-Thüringen.
David RENDALL, Deputy Managing Director of La Française REM, stated: “These refinancing conditions reflect the long-term quality of DSQUARE, its strong occupier fundamentals and the effectiveness of our asset management strategy, as well as the confidence of the lending market.”
About La Française
La Française, the asset management division of the first benefit corporation bank, Crédit Mutuel Alliance Fédérale, offers conviction-based investment strategies across all asset classes, combining performance targets and sustainability objectives. As a multi-specialist asset manager, its teams focus on their core expertise while integrating advanced ESG principles into their analyses and investment processes. La Française operates across listed and unlisted markets, including real estate. With over €163 billion in assets under management*, 1,000 professionals and a presence in 10 countries, La Française designs innovative investment solutions tailored to clients’ objectives and investment horizons.
* 31/12/2025
More information about la-francaise.com
Contact La Française:
Pascale Cheynet: +33 1 43 12 64 25 | pascale.cheynet@la-francaise.com
Debbie Marty: +33 1 44 56 42 24 | deborah.marty@la-francaise.com
Disclaimer
Issued by La Française Finance Services, whose registered office is located at 128, boulevard Raspail, 75006 Paris, France and authorized by the ACPR ("Autorité de contrôle prudentiel et de résolution") under no. 18673 as an investment service provider.
The portfolio management company La Française Real Estate Managers received AMF accreditation No. GP-07000038 on 26 June 2007 and AIFM accreditation on 24 June 2014 under Directive 2011/61/EU (www.amf-france.org).