L Catterton is the private equity firm backed by French luxury fashion house LVMH Moet Hennessy Louis Vuitton SE.

L Catterton has agreed to buy Hammerson's stake in outlet mall landlord Value Retail in a deal representing an enterprise value of $1.9b. Who said luxury is not interested in real estate?

Bloomberg: L Catterton Buys Outlet Malls Stake in £1.5 Billion Deal