News

CHICAGO, LONDON, SINGAPORE (January 14, 2019) — LaSalle Investment Management (“LaSalle” or “the company”) today announced it has completed the majority acquisition of the $1.2 billion debt fund business of Latitude Management Real Estate Investors (“Latitude”).

MUNICH (January 11, 2019) — LaSalle has acquired ElseBella, a portfolio of two office properties in the Westend and Arabellapark districts of Munich, on behalf of the LaSalle Encore+ Pan European Fund from AXA Investment Managers for €169m.

LONDON (January 09, 2019) — LaSalle announces that it contracted 77 commercial real estate transactions valued at £3.33 billion across the UK in 2018 and forecasts that UK real estate will remain an attractive asset class to institutional investors in 2019, despite macroeconomic uncertainty associated with the Brexit process.

CHICAGO (January 06, 2019) — LaSalle Investment Management (“LaSalle”) announced today that it has acquired San Melia (“the property”), a 488-unit luxury multifamily community in Phoenix, on behalf of its U.S. core open-end real estate fund, LaSalle Property Fund (“LPF”). The Mark-Taylor-built property, situated on 28 acres in Phoenix’s desirable Ahwatukee Foothills neighborhood, presented an opportunity for LaSalle to acquire a well-located multifamily asset in a fast-growing submarket marked by low supply.

CHICAGO (December 17, 2018) — Strong performance is expected for both the U.S. and Canadian real estate markets in 2019 and into 2020, as fundamentals are anticipated to exhibit stability amidst a chaotic political climate and economic cycle. This stability does not extend to every facet of either market, but core values should demonstrate resilience, despite the potential challenges of inflation and late-cycle anxiety that have permeated the North American economy. In order to mitigate these potential risks, the construction of real estate portfolios that employ defensive (low beta) positioning while still dedicating a portion of investment to higher (alpha-seeking) return strategies is recommended in LaSalle Investment Management’s Investment Strategy Annual (ISA) 2019.

CHICAGO AND BALTIMORE (December 11, 2018) — LaSalle Investment Management is pleased to announce it has been named a Best Place to Work in Money Management for 2018 by Pensions & Investments (P&I).

LONDON (November 22, 2018) — LaSalle has acquired Luna Arena, the Grade-A office building in Amsterdam, for its Encore+ fund from the Dutch real estate fund manager PingProperties for €55.6m. Luna Arena is the fourth acquisition in the Netherlands for the Fund.

LONDON (November 14, 2018) — LaSalle today confirms it has assumed sole responsibility for the management of Encore+, the open-ended Continental European real estate fund has been jointly managed by Aviva Investors (“Aviva”) and LaSalle for the last twelve years. 

LONDON (November 09, 2018) — LaSalle announces the acquisition of Ty Admiral, the global headquarters of Admiral Group Plc located on David Street, Cardiff. The asset, a high-specification 14-storey office building, was acquired from a fund managed by Amundi Real Estate (“Amundi”).

CHICAGO, NEW YORK, LONDON AND SINGAPORE (November 08, 2018) — LaSalle Investment Management (“LaSalle”) today announces the launch of LaSalle Global Partner Solutions (“LaSalle GPS”), a new fully integrated division dedicated to building robust, indirect investment portfolios by partnering with expert real estate operators across the world, following the closing of its acquisition of the Real Estate Multi-Manager business of Aviva Investors. The new platform will offer a range of opportunities across private, public, debt and equity segments through investment in third-party and in-house funds, joint ventures, co-investments and secondaries.