News

MUNICH (August 08, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, has acquired a logistics and a wholesale property located in Heppenheim, Germany, for its LaSalle E-REGI fund. LaSalle has bought the assets from three private vendors.

HONG KONG/SINGAPORE (August 07, 2019) — LaSalle Investment Management (LaSalle) has published the Mid-Year update for the 2019 Investment Strategy Annual. Under a slow growth, low inflation, and low interest rate environment, LaSalle’s regional real estate strategy focuses on sectors, markets and locations where domestic consumption growth supports real estate demand. This press release focuses on the Asia Pacific regional outlook.

CHICAGO, LONDON AND SINGAPORE (August 05, 2019) — LaSalle Investment Management (“LaSalle”) today published the findings of a comprehensive survey that examines how environmental, social and governance (“ESG”) concerns factor into institutional real estate investors’ decisions. The survey was administered by Private Equity Real Estate (“PERE”), to 60 institutional investors between March and June 2019. While the majority of respondents confirm that ESG plays a role in their investment decision making, the findings reflect clear regional differences in ESG attitudes.

LONDON (July 31, 2019) — The team working on the 60 London Wall construction project hosted a topping out ceremony at the developmnent.

LONDON (July 31, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, has managed the acquisition of a large logistics property in south-west Warsaw on behalf of the Encore+ fund. This property has been developed by Panattoni Europe, the largest logistics developer in Europe.

LONDON (July 25, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, announces today that Martin Zdravkov has joined its UK business in the newly-enhanced role of Head of UK Residential & Impact Investing, based in London.

CHICAGO AND ORANGE COUNTY, CALIF. (July 22, 2019) — LaSalle Investment Management (“LaSalle”) today announced that its U.S. value-add fund series, LaSalle Income & Growth, has acquired 4 Hutton Centre, a 216,864-square-foot office building in the Airport submarket of Orange County, California. This transaction presented a unique opportunity to acquire a well-located, well-maintained office building with significant upside potential through the addition of tenant amenities, a lobby upgrade and lease-up that will further position the property as a Class-A office building.

PARIS (July 03, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, is pleased to announce that it has acquired a serviced-apartment development pre-let to Staycity in Courbevoie, in close proximity to La Défense, on behalf of LaSalle E-REGI. It was acquired from Kaufman & Broad on a forward-funding investment (VEFA contract).

MADRID (July 02, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, today announces that it has extended its first development loan of €20.5 million from the expanded LaSalle Residential Finance Europe programme (“LRF”) to Amro Real Estate Partners. The development is a 360-bed purpose-built student accommodation in Granada and the proposed scheme will be approx. 10,495sqm across two buildings. In addition, the scheme will provide desirable and high-quality amenities such as a swimming pool, a multi-sport court, cinema room and study library.

MADRID (July 01, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, acquired a portfolio of six properties of MAKRO Spain from METRO PROPERTIES, the real estate company of METRO AG, as part of a sale-and-lease-back transaction. The portfolio was acquired on behalf of French public service pension scheme ERAFP for €73 million. The transaction was closed in June 2019. Following the transaction, MAKRO Spain will remain the sole tenant of all six assets with a 15-year fixed lease term with extension options.