News

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.

LONDON (October 10, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, is pleased to announce that it has arranged over €200 million of mezzanine loans to refinance three portfolios of last mile logistics and industrial assets for real estate funds advised by Blackstone. The portfolios include 264 assets located in key urban locations throughout Germany, Netherlands, France and Denmark.

LONDON (October 08, 2019) — Simon Marx, Investment Strategist, was interviewed by Dani Burger on Bloomberg Daybreak LIVE on Monday morning, discussing findings from the LaSalle E-REGI Index 2019 on European economic growth and the top European cities in which to invest.     For 20 years, LaSalle has published its annual European Regional Economic Growth Index - or "E-REGI" - which identifies the European regions and cities with the best growth prospects. The index judges the relative strength of future occupier demand for commercial real estate and proves valuable as the basis of any real estate investment strategy.

LONDON (October 07, 2019) — London tops Index for 11th time since 2000 Almost all cities in the UK improve in this year’s ranking Manchester overtakes Edinburgh to be the second-highest ranked UK city

MUNICH (October 04, 2019) — LaSalle is pleased to announce that its German business, LaSalle Investment Management Kapitalverwaltungsgesellschaft mbH (KVG), has appointed Roberto Carrera to the role of Managing Director. The KVG was founded in 2010. The KVG manages €4.8 billion in AUM as of June 30th 2019.

MUNICH (October 02, 2019) — Long-term leased asset for the open-ended pan-European real estate fund LaSalle E-REGI KONTOR is part of the development project "Wirtschaftswunder" in central location

MUNICH (September 23, 2019) — LaSalle has advised on the acquisition of a highly visible office building located in Hamburg`s City South, Hamburg´s second largest office submarket, located adjacent to the CBD on behalf of the Encore+ fund.