Country-Specific Info


  • March 15, 2018

    LREDS III provides Lone Star mezzanine loan for UK hotel portfolio

    LONDON (March 15, 2018) — LaSalle is pleased to announce that its £804m fund, LREDS III, has extended a five-year mezzanine facility of £22.2 million to refinance a portfolio of forty hotels managed by the Shearings Leisure Group.  The refinancing replaces a platform facility and will facilitate an extensive capital expenditure programme following the consolidation of the group’s ownership under funds managed by Lone Star.
  • March 14, 2018

    LaSalle Acquires Value-Add Multifamily Asset in Austin

    CHICAGO (March 14, 2018) — LaSalle Investment Management (“LaSalle”), announced that its U.S. value-add fund LaSalle Income & Growth Fund VII (“Fund VII”) has acquired, Lakeshore Pearl, a 230-unit garden-style multifamily asset located in the East Riverside submarket of Austin, Texas, through a joint venture with Cypress Real Estate Advisors.
  • March 09, 2018

    LaSalle acquires “Ocean Gate Minato Mirai”, a new large-scale office building in the Yokohama Minato Mirai 21 area

    HONG KONG (March 09, 2018) — LaSalle Investment Management announces that it has acquired, on behalf of a consortium of Japanese investors, Ocean Gate Minato Mirai, a 14-storey large-scale office building located in Yokohama’s Minato Mirai 21 area, the city’s business and central core.
  • March 08, 2018

    LREDS III provides Ares Management mezzanine loan for German office portfolio

    MUNICH (March 08, 2018) — LaSalle is pleased to announce that its £804m fund, LREDS III, has extended a five-year mezzanine facility of €25 million to finance the acquisition of a portfolio of five assets in Germany for Ares Management.  The properties within the portfolio are a combination of office facilities and mixed-use spaces totalling just under 80,000m² located in Munich, Hannover and Dusseldorf.
  • March 05, 2018

    LaSalle acquires Salamanderhaus in Stuttgart

    MUNICH (March 05, 2018) — LaSalle has acquired Salamanderhaus, a mixed-use property (office and retail) in a prime location in Stuttgart. The asset was acquired for c.€73 million by LaSalle on behalf of the Testina investment foundation, and is the segregated mandate’s second investment in Germany, following the purchase of an office building in Frankfurt at the end of last year. The transaction is structured as a share deal where LaSalle has purchased 100% of the shares of the GmbH ownership.
  • March 01, 2018

    LaSalle Investment Management Appoints Keith Fujii as CEO and President of Japan

    HONG KONG/TOKYO (March 01, 2018) — LaSalle Investment Management is pleased to announce Keith Fujii has joined the firm as CEO and President of Japan, effective March 01, 2018. Based in Tokyo, Keith will lead the LaSalle platform for investments in core-oriented strategies in Japan. He will become Representative Director and President of LaSalle Investment Management K.K., and join the board of directors at LaSalle REIT Advisors K.K., asset manager to the firm's Japan logistics REIT, LaSalle Logiport REIT.
  • February 26, 2018

    LaSalle Provides Renovation and Leasing Update for 123 North Wacker Drive

    CHICAGO (February 26, 2018) — LaSalle Investment Management (“LaSalle”) today announced an update on the renovation and leasing activity at 123 North Wacker Drive, a 30-story Class A office tower located in Chicago’s West Loop that LaSalle acquired in January, 2017. Following its purchase of the building, the firm embarked on a multi-faceted $30 million capital enhancement plan that will deliver a new lobby and entrance, along with several new cutting-edge amenitized spaces and upgraded building systems. The newly revitalized building is positioned to attract tenants looking for value relative to new construction prices in a prime location in the West Loop submarket. Over the past 12 months, more than 60,000 square feet of new leases and renewals have been completed, bringing the building’s occupancy profile up significantly.
  • February 08, 2018

    LaSalle Announces Leadership Succession for its U.S. Value-Add Fund Series

    CHICAGO (February 08, 2018) — LaSalle Investment Management (“LaSalle”) today announced that Joe Munoz has been appointed Chief Investment Officer of the firm’s flagship U.S. value-add fund series, LaSalle Income & Growth Funds. For future funds in the series, Joe will have the President & Chief Investment Officer role, where he will have primary responsibility for all aspects of strategy and day-to-day operations of the Funds.
  • January 29, 2018

    LaSalle launched German club deal to acquire Prime-Core asset in Bonn, Germany

    MUNICH (January 29, 2018) — LaSalle has acquired Friedensplatz 1, a prime core building in the centre of Bonn. The asset has been acquired by LaSalle on behalf of a club of German institutional investors and has been structured as a closed-ended special fund under the LaSalle Investment Management Kapitalverwaltungsgesellschaft mbH.
  • January 25, 2018

    LaSalle’s E-REGI fund doubles assets under management

    MUNICH (January 25, 2018) — LaSalle Investment Management’s E-REGI pan-European core fund reached €654m of assets under management at the end of 2017, just under double the figure seen at the beginning of the year. The fund was bolstered by the purchase of eight new assets totalling €335 million over the last 13 months, in Germany, Italy, the Netherlands, the Czech Republic and France.

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