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TO FASHION, REAL ESTATE, AND RETAILING EDITORS:
Thor Urbana Acquires Luxury Mall in Mexico City
NEW YORK, March 13, 2014 /PRNewswire-USNewswire/ -- Thor Urbana
Capital, a real estate investment and development Company based in
Mexico City, recently acquired the luxury shopping center Altavista
147 which hosts several internationally renowned brands such as Louis
Vuitton, Salvatore Ferragamo, Tiffany & Co., MaxMara, Carolina
Herrera, among others.
"We are very happy to have acquired this gem in Altavista, situated in
the southern part of Mexico City, an area in which culture, art,
fashion and elegance are very present", said Jaime Fasja and Jimmy
Arakanji, Managing Partners at Thor Urbana. "This purchase reinforces
our strategy of acquiring and developing fashion and lifestyle
shopping centers with the best tenant mix, designs and in the absolute
best locations in the country".
Thor Urbana Capital is a real estate development firm formed by Thor
Equities CEO Joseph J. Sitt and Mexican developers Jaime Fasja and
Jimmy Arakanji. Based in Mexico City, Thor Urbana is a vertically
integrated platform that specializes in sourcing, acquiring,
developing, repositioning, leasing, managing, and disposing uniquely
located retail, office, hotel and mixed-use assets in Mexico's
principal urban markets and main avenues. With a management team that
has over 120 years of experience developing triple-A real estate
properties in Mexico, the United States, Europe and South America,
Thor Urbana is uniquely positioned to capitalize on Mexico's growing
real estate market.
For more information please refer to www.thorurbana.com and
www.altavista147.com
SOURCE Thor Urbana Capital
-0- 03/13/2014
/CONTACT: Erez Cohen, ecohen@thorurbana.com, 525541701400
CO: Thor Urbana Capital
ST: Mexico New York
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0000 03/13/2014 15:00:00 EDT http://www.prnewswire.com
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