Eric Duchon joins LaSalle as Global Head of Sustainability
CHICAGO (January 5, 2017) - LaSalle is pleased to announce that Eric Duchon has joined the firm as Global Head of Sustainability. Eric’s role became effective in December, 2016, and he will be based in LaSalle’s Chicago office.
In this newly-created role, Mr. Duchon will be responsible for partnering with and advising LaSalle’s senior leadership on sustainability initiatives for the private and public equity and private debt businesses, as well as supporting the development and execution of corporate and asset-level programs. Duchon will have firm-wide oversight of the function as well as regional responsibilities in the Americas. He will also chair LaSalle’s Global Sustainability Committee and collaborate with regional sustainability officers in Europe and Asia-Pacific, as well as the firm’s Global Securities business.
Jeff Jacobson, Global Chief Executive Officer of LaSalle, commented: “I am very excited to have Eric join LaSalle as the new leader of our global sustainability platform. We firmly believe there is a positive correlation between sustainability and enhanced property performance, and Eric’s role will be critical to our continued success in focusing on what has become one of the key investment objectives for our global clients."
Mr. Duchon brings 10 years of sustainability-focused real estate management and advisory experience to LaSalle. Most recently, he served as Director of Sustainability Strategies for Cushman & Wakefield in New York, where he was responsible for managing environmental initiatives for both client-facing services and internal corporate programs. In this role, he developed a wide array of design and construction, as well as operations and maintenance practices on energy, water, waste, and carbon efficiency for client properties and portfolios.
Eric Duchon, Global Head of Sustainability, commented: “I am thrilled to be joining LaSalle during such a critical period of growth and heightened focus on sustainability initiatives both at the corporate level and across the portfolio. I look forward to working with our leadership team to help define and drive strategic priorities for the firm’s global sustainability platform.”
Reinforcing the importance of this new role, LaSalle recently introduced a new Environmental secular component to its Investment Strategy Annual (ISA) 2017 report, published in December, 2016. The report suggests that sustainability in building operations is a key consideration for property investors, with the potential to support faster net operating income growth and lower volatility in certain markets. Environmental factors like climate change, a growing preference by tenants for sustainable real estate, and increased regulatory pressure on owners and tenants to reduce the carbon footprint of real estate have all become key areas of focus. LaSalle clients can view the full report at www.lasalle.com/research/investment-strategy-annual.
About LaSalle Investment Management
LaSalle Investment Management is one of the world’s leading real estate investment managers with approximately $60 billion of private and public equity and private debt investments under management as of Q3 2016. LaSalle’s diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. LaSalle is a wholly-owned, operationally independent subsidiary of Jones Lang LaSalle Incorporated (NYSE: JLL), one of the world’s largest real estate companies. For more information please visit www.lasalle.com.
This press release does not constitute an offer to sell, or the solicitation of an offer to buy any interests in any product offered by LaSalle, or for the advisory services of LaSalle, in any jurisdiction where prohibited by law or where contrary to local law or regulation. Any such offer to invest, if made, will only be made by means of a private placement memorandum.