LaSalle Investment Management has leased out a unit in a retail centre located in Donauwörther Straße in Augsburg, Germany, on behalf of its LaSalle German Income and Growth Fund.

The 236 square metres of floor space on the ground floor have been occupied by the fashion discounter Ernsting’s Family on a ten year lease.

Other tenants include a drug store and a pet store, while the anchor tenant is Edeka.

Riebel Augsburg Projekt Donauwörther Straße, which had previously sold the centre, was responsible for letting the unit and will also undertake the tenant fit out.

The LaSalle German Income fund Growth Fund is a closed property fund investing in German commercial properties. Its total volume amounts to approximately EUR1bn.