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

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