News

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).

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.

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.

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.

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.

PARIS (October 29, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, has advised its pan-European fund Encore+ on an acquisition of an urban logistics warehouse on the edge of Paris. The property is single let to a blue-chip tenant.

LONDON (October 15, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, has acquired a flexible-use warehouse fully let to the discount supermarket chain DIA. The asset, which is located near Zaragoza in Spain, has been acquired on behalf of LaSalle’s E-REGI fund for over €20 million.

SEOUL (October 15, 2019) — LaSalle Investment Management (“LaSalle”) announced its completion of the acquisition and leasing of Logiport West Anseong located in Anseong City, South Korea.  The project’s gross floor area is 14,146 pyung (approximately 503,400 sq.ft.) and the construction was completed in December 2018.

LONDON (October 14, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, today announces that Richard Craddock has joined to the Debt & Special Situations team in Europe, headed by Amy Klein Aznar. Richard joins as Managing Director for its successful Whole Loan programme (LWLS I/II) which launched earlier this year with €600 million of initial commitments and invests in whole loans across Western Europe, with an initial focus on France, Benelux, Iberia, and Ireland.

SAN DIEGO AND CHICAGO (October 11, 2019) — LaSalle Investment Management (“LaSalle”) announced that it has acquired partial interest in the world headquarters and life sciences campus of Illumina (Nasdaq: ILMN), a global leader in DNA sequencing and array-based technologies. LaSalle made the investment on behalf of its U.S. core open-end real estate fund, LaSalle Property Fund (“LPF”) with the property’s developer, an S&P 500® U.S. equity REIT. This transaction represents LaSalle’s first investment in the life sciences property sector.