News

  • September 09, 2021

    LaSalle E-REGI acquires logistics property in the Dutch municipality of Moerdijk

    MOERDIJK (September 09, 2021) — LaSalle has acquired a high-quality logistics asset at the Port of Moerdijk in the Netherlands for its open-ended pan-European fund LaSalle E-REGI (“the Fund”). The property is located in the west of the Dutch province North Brabant near Rotterdam, one of the most important hubs for European and international trade. It was acquired from Savills Investment Management.
  • September 07, 2021

    LaSalle Canada Property Fund Acquires Portfolio Including Class A Retail, Trophy Office and Land

    TORONTO (September 07, 2021) — LaSalle Investment Management (“LaSalle”) announced that its flagship core real estate fund in Canada, LaSalle Canada Property Fund (“LCPF” or “the fund”), expanded its portfolio with the acquisition of a portfolio of properties in Montreal and Vancouver. The portfolio, acquired from Ivanhoé Cambridge, includes: A 50 per cent stake in Maison Manuvie at 900 Boulevard de Maisonneuve O, a more than 485,000-square-foot trophy office asset in Montreal. Manulife, whose Quebec headquarters are located in the office tower, will be LaSalle’s 50 per cent partner in the property. 50 per cent ownership of Guildford Town Centre, a top performing super-regional mall in the Vancouver suburb of Surrey. Ivanhoé Cambridge will remain a partner in the property. 50 per cent ownership of an 18-acre development site directly north of Guildford Town Centre. Ivanhoé Cambridge will also remain a partner in the parcel.
  • September 02, 2021

    JLL Income Property Trust Acquires Premier Apartment Community in Suburban Denver

    CHICAGO (September 02, 2021) — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $4.5 billion in portfolio assets advised by LaSalle Investment Management, announced today the acquisition of The Preserve at the Meadows, a garden-style apartment community in Fort Collins, Colorado. The purchase price was approximately $61 million, and brings the portfolio’s total residential allocation to nearly $1.8 billion, or 41 percent of total assets.
  • August 11, 2021

    JLL Income Property Trust Invests in $1.2 Billion Single-Family Rental Portfolio

    CHICAGO (August 11, 2021) — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $4.5 billion in portfolio assets advised by LaSalle, today announced it has acquired an approximately 47 percent interest in a stabilized, core, geographically diverse single-family rental portfolio. The existing portfolio of over 4,000 homes was assembled and is managed in a venture with affiliates of Amherst Residential, an Austin, Texas-based investor and manager of single-family rental homes and an institutional investor. Income Property Trust’s 47 percent investment was acquired for approximately $560 million based on an overall portfolio valuation of $1.2 billion.
  • August 11, 2021

    LaSalle 2021 Mid-Year ISA Report: Economic recovery in Asia Pacific to continue to support real estate demand recovery

    HONG KONG (August 11, 2021) — The re-opening of the world economy, the re-emergence of leasing activity, and a pickup in capital market transactions have all brought a strong sense of optimism to real estate investors at the midway point in 2021, according to LaSalle’s 2021 Mid-Year Investment Strategy Annual (ISA) Report.
  • July 29, 2021

    LaSalle’s 2021 Mid-year ISA Sees the Tide Turning As the Great Re-Opening Gains Momentum

    CHICAGO (July 29, 2021) — Real estate markets are beginning to stabilize and even show growth in the U.S. and Canada as large-scale COVID-19 vaccination programs enable economic re-openings across North America, according to the LaSalle Research & Strategy’s 2021 Mid-Year Investment Strategy Annual (ISA). However, much like in the full-year report published at the close to 2020, uncertainty remains around specific property types and inflation.
  • July 26, 2021

    LaSalle Canada Property Fund Acquires Core Logistics Portfolio in Greater Toronto Area

    TORONTO (July 26, 2021) — LaSalle Investment Management (“LaSalle”) announced that its flagship core real estate fund in Canada, LaSalle Canada Property Fund (“LCPF” or “the fund”), expanded its portfolio with the acquisition of the Greater Toronto Area Logistics Portfolio (“GTA Portfolio”).
  • July 21, 2021

    LaSalle Acquires Luxury Tampa Apartment Community

    CHICAGO (July 21, 2021) — LaSalle Investment Management (“LaSalle”) announced that it has acquired Altis Grand at the Preserve, a newly-constructed, Class A multifamily property in the Tampa suburb of Odessa, Florida. LaSalle purchased the 350-unit property on behalf of a separate account client. The property was developed The Altman Companies, a Boca Raton Florida based real estate development company.
  • July 12, 2021

    LaSalle creates new European Transactions and Asset Management team

    LONDON (July 12, 2021) — LaSalle has reorganised its European operations in order to deliver a pan-European offering to institutional investors that are seeking a more integrated approach to the acquisition, management and divestment of assets.
  • July 01, 2021

    LaSalle acquires NH Collection Gran Hotel Calderon in Barcelona on behalf of Encore+

    MADRID (July 01, 2021) — LaSalle has acquired NH Collection Gran Hotel Calderon located on Ramblas Catalunya in the Ensanche district of Barcelona. The hotel has been purchased from NH Group SA on behalf of Encore+, LaSalle’s flagship pan-European fund (“the Fund”).

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