News

CHICAGO (January 18, 2021) — LaSalle Investment Management is pleased to announce that it has hired two new leaders to further accelerate the firm’s ESG initiatives. David DeVos has been appointed Global Head of ESG, and Elena Alschuler has joined the firm as Vice President of Sustainability in the Americas.

CHICAGO (January 14, 2021) — JLL Income Property Trust, an institutionally managed daily NAV REIT advised by LaSalle Investment Management (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), announced today the full subscription of JLLX San Marcos DST, a 1031 tax-deferred exchange offering designed to provide accredited investors with the opportunity to defer taxes on gains from the sale of appreciated real estate. 

CHICAGO (January 06, 2021) — JLL Income Property Trust, an institutionally managed daily NAV REIT advised by LaSalle Investment Management (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), today announced the acquisition of Siena Suwanee Town Center, a 240-unit, luxury apartment community in the affluent north-Atlanta suburb of Suwanee, Georgia.  The purchase price was approximately $70 million.

MUNICH (December 16, 2020) — LaSalle will develop the first hybrid timber office building in Munich on behalf of Encore+, its flagship pan-European fund (“the Fund”), in collaboration with ACCUMULATA Real Estate Group (“Accumulata”). The planned sustainable building will be developed in Munich, at Elsenheimerstrasse 31, a partial development of a site owned by the Fund and acquired in 2019.

CHICAGO (December 14, 2020) — LaSalle Investment Management (LaSalle) is pleased to announce it has been named a Best Place to Work in Money Management for 2020 by Pensions & Investments (P&I). This marks the fifth consecutive year LaSalle has received this prestigious recognition.

CHICAGO (December 07, 2020) — LaSalle Investment Management (“LaSalle”), an operationally independent subsidiary of Jones Lang LaSalle Incorporated (NYSE: JLL), announced today that Mark Gabbay, currently CEO and CIO of LaSalle Asia Pacific, will assume the role of LaSalle Global CEO, effective January 1, 2021. Gabbay will succeed Jeff Jacobson, who is transitioning leadership after a 14-year tenure as LaSalle Global CEO. Jacobson will stay on as LaSalle Chairman through at least June 2021 and will continue to work closely with the leadership team to ensure a smooth transition and continued momentum in the business.

SHANGHAI (December 03, 2020) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, today announced the acquisition of two logistics facilities on behalf of LaSalle China Logistics Venture (“LCLV” or the “Fund”). LaSalle’s first dedicated China logistics vehicle, the Fund invests in modern logistics facilities in markets with strong fundamentals.

CHICAGO, LONDON, SINGAPORE (November 30, 2020) — LaSalle Investment Management (“LaSalle”) is pleased to announce it earned top scores on two industry-recognized global environmental, social and governance (ESG) benchmarks for asset managers, underscoring its commitment to sustainability and measures to reduce carbon emissions.

MADRID (November 16, 2020) — LaSalle has acquired a six-storey residential property in the AZCA financial district of Madrid. The asset has been acquired from Optimum III Value Added Residential SOCIMI, a residential property investment fund, on behalf of a LaSalle client.

SHANGHAI (October 26, 2020) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, today announced the on-time completion of three new LaSalle Logiport logistics facilities in Greater Shanghai. With strong pre-leasing momentum indicative of a solid market for high-specification logistics facilities in the Shanghai region, the new Grade A facilities are an impressive addition to the LaSalle portfolio.