News

  • January 23, 2020

    LaSalle sells one of Spain’s most sustainable office buildings after major refurbishment

    MUNICH (January 23, 2020) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, today announces the sale of General Lacy 23, a heritage building in Madrid, which has become the first office building in the country to be given LEED Platinum green building status following a major refurbishment. LaSalle has sold the former tobacco warehouse to CBRE Global Investors, having acquired the property in late 2018 on behalf of a German pension fund.
  • January 20, 2020

    LaSalle’s Encore+ Fund diversifies portfolio with purchase of two Munich hotel properties

    MUNICH (January 20, 2020) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, has advised its pan-European fund Encore+ on the acquisition of two hotel properties in Munich from Commerz Real.
  • January 17, 2020

    LaSalle acquires office building Morrow in Frankfurt’s Westend on behalf of LaSalle E-REGI

    MUNICH (January 17, 2020) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, has announced the acquisition of the prime office building Morrow in Frankfurt’s Westend. The purchase agreement has been signed on behalf of the LaSalle E-REGI fund (“the fund”), with closing in July 2020. LaSalle has acquired the asset from Projektentwicklung Oberlindau GmbH, a joint venture between Art-Invest Real Estate and Red Square.
  • January 13, 2020

    LaSalle Acquires Overlook at Bernardo Heights Apartments in San Diego

    SAN DIEGO AND CHICAGO (January 13, 2020) — LaSalle Investment Management (“LaSalle”) announced that it has acquired the Overlook at Bernardo Heights, a 330-unit multifamily property located in the affluent Rancho Bernardo submarket of San Diego, California. LaSalle acquired the asset on behalf of its U.S. core open-end real estate fund, LaSalle Property Fund (“LPF”).
  • December 17, 2019

    LaSalle acquires logistics site in Germany on behalf of LaSalle E-REGI fund

    MUNICH (December 17, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, today announces the acquisition of a logistics development in western Germany on behalf of LaSalle E-REGI via LaSalle’s regulated platform in Germany. The asset has been acquired from the German logistics subsidiary of a Cologne-headquartered online retailer, in a sale-and-leaseback transaction.
  • December 09, 2019

    LaSalle Named a 2019 Best Place to Work in Money Management by Pensions & Investments

    CHICAGO (December 09, 2019) — LaSalle Investment Management is pleased to announce it has been named a Best Place to Work in Money Management for 2019 by Pensions & Investments (P&I).
  • November 19, 2019

    LaSalle Launches Japan Private Open-Ended Core Real Estate Fund ‘LaSalle Japan Property Fund’

    TOKYO (November 19, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, is pleased to announce the launch of the LaSalle Japan Property Fund (the “Fund”), a private open-ended core real estate fund.
  • November 14, 2019

    LaSalle hires Petra Blazkova as Senior Strategist for European Research & Strategy

    LONDON (November 14, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, today announces the appointment of Petra Blazkova as Senior Strategist within its European Research & Strategy team, with responsibility for overseeing Continental European market analysis from the London office.
  • November 13, 2019

    LaSalle Canada Property Fund Acquires Premier Mixed-Use Asset in Downtown Edmonton, in Partnership with Universal-Investment on behalf of BVK, North American Development Group and Canderel

    EDMONTON (November 13, 2019) — LaSalle Investment Management (“LaSalle”) announced that its flagship core real estate fund in Canada, LaSalle Canada Property Fund (“LCPF” or “the fund”) along with its Custom Accounts group representing Frankfurt-based fund-servicing company Universal-Investment on behalf of Bayerische Versorgungskammer (BVK), and two managing owners, North American Development Group and Canderel, have acquired Edmonton City Centre (ECC). The property includes the Edmonton City Centre retail component, TD Tower, Oxford Tower and Centre Point Place spanning three city blocks in downtown Edmonton’s central business district.
  • November 04, 2019

    LaSalle sells Hobbycraft distribution facility for £20 million

    LONDON (November 04, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, today announces the sale of a warehouse and distribution facility currently leased to Hobbycraft, the UK-based arts & crafts retailer, in Burton upon Trent for a further 8 years. The asset has been acquired by Cabot Properties, for £20 million.

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