HONG KONG (May 8, 2008) – LaSalle Investment Management (“LaSalle”) continues its focus on growth and expansion in the Asia Pacific region with the hire of Andy Yee as Analyst for its Securities business in Hong Kong, where he will be based.
This latest new hire follows on Todd Canter’s relocation to Hong Kong from Baltimore in early March to become Asia Pacific CEO for LaSalle Investment Management (Securities), LaSalle’s specialist securities division, at a time when the company is seeing strong growth in the region. Globally, LaSalle Investment Management has $USD50.4 billion of assets under management which includes LaSalle Investment Management (Securities’) global AUM of USD$6.4 billion.
Mr. Yee’s primary responsibilities rest with the analysis of Asian listed real estate companies. Prior to joining LaSalle, Mr Yee was a Senior Portfolio Consultant for AXA Wealth Management in Hong Kong.
Commenting on the hire, Todd Canter, CEO LaSalle Investment Management (Securities) Asia Pacific, said: “We are delighted to have Andy join our team. With his appointment we now have six investment professionals focused on Asian real estate securities. Our strength is derived from our on-the-ground presence in all the major real estate markets around the globe and Andy’s addition to the team signifies our commitment to providing local insights into Asian real estate securities.
Mr Yee holds a bachelor of business administration degree in finance and information systems and management from the Hong Kong University of Science and Technology. He is fluent in English, Cantonese and Putonghua.
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About LaSalle Investment Management
LaSalle Investment Management, Inc., a member of the Jones Lang LaSalle group (NYSE: JLL), is a leading global real estate investment manager, with approximately $50.4 billion of assets under management. LaSalle Investment Management is active across a range of real estate capital and operating markets including private and public, debt and equity. LaSalle Investment Management is authorised and regulated for investment business in the UK by the Financial Services Authority. For more information, visit www.lasalle.com.
About LaSalle Investment Management (Securities)
LaSalle Investment Management (Securities) is a leading real estate securities investment manager for pension funds, institutional and retail investors around the globe. With more than 22 years’ investment experience, the firm currently has approximately $10.4 billion of assets under management in listed real estate securities, including US, European and global mandates. LaSalle Investment Management Securities is LaSalle Investment Management’s specialist securities division, and as such benefits from the resources of both LaSalle Investment Management and Jones Lang LaSalle.