The real estate arm of L Catterton, a consumer-focused investment firm, and Carbonleo, a Quebec-based real estate development and management company, have made an investment in Rennaï, a retail beauty and wellness concept.

Rennaï will open its first retail location in August 2024 at Royalmount, a development in Montreal, Canada. The 36,000-square-foot beauty and wellness space will offer products and services including aesthetics, dermatology, nutrition and fragrances. Following the 2024 opening, Rennaï looks to add nine additional locations across North America by 2028, including the U.S.

“With significant growth occurring globally in the beauty and wellness categories, Rennaï addresses the significant white space that our consumer research has identified and brings together all of the services and products that consumers desire into one location,” states Mathieu Le Bozec, managing partner of L Catterton Real Estate.