News

CHICAGO AND NEW YORK (August 10, 2020) — LaSalle Investment Management (“LaSalle”) today announced its U.S. Transactions Group has added veteran experience with the hiring of Brett Hopkins as Acquisitions Officer. Brett joins LaSalle from Torchlight Investors where he was a senior member of the acquisitions and originations team responsible for sourcing equity and high-yield debt opportunities.

LONDON (August 07, 2020) — The COVID-19 crisis has created unprecedented dispersion in the performance of the different types of principal real estate assets, primarily by accelerating pre-existing trends affecting European property markets, according to the 2020 Mid-Year Investment Strategy Annual (“Mid-Year ISA”) published by LaSalle Investment Management (“LaSalle”), the global real estate investment manager. While global transaction volumes fell sharply in H1 2020, long-standing factors such as the rise of logistics, the decline of apparel retailers and the mainstreaming of alternative sectors continued to drive real estate investment flows in the first half of the year

CHICAGO AND NEW YORK (August 05, 2020) — LaSalle Investment Management (“LaSalle”) today announced that its U.S. value-add fund series, LaSalle Income & Growth, has bolstered its investment team with the hiring of Jeff Shuster as Managing Director and Senior Acquisitions Officer. Jeff joins LaSalle from Starwood Capital Group, where he worked in a variety of roles of increasing responsibility since 2008.

CHICAGO AND LONDON (August 04, 2020) — LaSalle Investment Management (“LaSalle”) today announced that Brian Klinksiek will join LaSalle as Head of European Research and Global Portfolio Strategies, effective 15 September 2020. Based in London, he will report to Global and Interim Europe CEO Jeff Jacobson, as well as Global Head of Research & Strategy Jacques Gordon.

PARIS (July 31, 2020) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, today announces the sale of the “Sainte-Cécile” office building in Paris to Deka Immobilien for €165 million. The asset was acquired in March 2020 on behalf of LaSalle’s pan-European open-ended fund, Encore+, as part of a sale-and-leaseback transaction with BNP Paribas that also included the [adjoining] landmark office building “Bergère”.

WARSAW (July 29, 2020) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, has managed the acquisition of a portfolio of two inner-city logistics parks in Warsaw on behalf of LaSalle E-REGI. which was developed by Panattoni Europe, the largest logistics developer in Europe.

CHICAGO (July 13, 2020) — LaSalle Investment Management (“LaSalle”) today announced it is supporting the American Red Cross by hosting blood drives across its U.S. property portfolio through 2021. This is especially important as hospitals resume surgical procedures and patient treatments that were temporarily paused earlier this spring in response to the COVID-19 pandemic.

SHANGHAI (April 09, 2020) — LaSalle Investment Management (“LaSalle”) today announced it has completed the first close of LaSalle China Logistics Venture (“LCLV” or the “Fund”). The Fund and its co-investment vehicle have received initial capital commitments of US$681 million. LaSalle’s first dedicated China logistics vehicle has seen strong demand from investors, attracting a diverse mix of investors from Europe, the Middle East, and Asia. The Fund retained support from existing LaSalle investors as well as attracting capital from investors which are new to LaSalle.

CHICAGO, LONDON AND SINGAPORE (March 16, 2020) — To Our Valued Clients and Partners: The COVID-19 pandemic has created massive and rapidly changing challenges and disruptions for our communities, healthcare systems and economies.  At this point in time, no one definitively knows the extent and duration of the pandemic or the resulting negative impacts on economies and investment markets. In this environment, we believe clear and frequent communication to all of our stakeholders is very important, and we wanted to provide you with a brief update on our assessment of the situation and the steps we are taking to ensure that we can navigate through these disruptions as effectively as possible.

LONDON (February 25, 2020) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, today announces the provision of a £106 million loan facility to finance the development of two retirement villages in the South of England. The development loan has been extended from the LaSalle Residential Finance (“LRF”) programme to a recently formed joint venture between Audley Group (“Audley”), the UK luxury retirement village provider, and the UK Retirement Living Fund, which is managed by Schroders Real Estate, the investment manager, and Octopus Real Estate, the UK specialist real estate lender and investor.