News

SYDNEY July 14, 2015 – LaSalle Investment Management (“LaSalle”) today announced that on behalf of LaSalle Asia Opportunity Fund IV (LAOF IV) it has agreed to sell its 100% interest in 19 Harris Street in Sydney to a client of UBS Grocon for AU$91.919 million.

CHICAGO July 2, 2015 – LaSalle Investment Management (“LaSalle”) today announces the appointment of Kristina Heuberger as U.S. Head of Asset Management. 

LONDON July 1, 2015 – LaSalle Investment Management (“LaSalle”), the global real estate investment manager, has acquired a freehold mixed-use building in central Manchester from David Samuel Properties on behalf of a client for £16.2 million, reflecting a net initial yield of 6.6%.

SYDNEY June 30, 2015 – LaSalle Investment Management (“LaSalle”) on behalf of LaSalle Australia Core Plus Fund (LACPF) today announced that LACPF has acquired Big Top Market Fresh, a shopping centre in Maroochydore, Queensland, approximately 100 kilometres north of Brisbane. 

SYDNEY June 30, 2015 – LaSalle Investment Management (“LaSalle”) has announced that Phillip Ling, Co-Chief Executive Officer, Asia Pacific, is retiring from LaSalle as of 30 June. He will remain as a Non-executive Director of the Responsible Entity of the firm’s Australian business. Mark Gabbay continues as sole CEO, Asia Pacific, for LaSalle.

CHICAGO ​June 24, 2015 – LaSalle Investment Management (“LaSalle”), a leading global real estate investment manager, today announced it has provided funding for the Optima II luxury multifamily development located at 220 E. Illinois St. in Chicago’s iconic Streeterville submarket. The development is the second phase of Optima Chicago Center, an adjacent apartment complex located at 200 E. Illinois St.

CHICAGO June 5, 2015 – LaSalle Investment Management (“LaSalle”), a leading global real estate investment manager, today announced it is relocating the firm’s global headquarters to 333 West Wacker Drive in Chicago. The selection of 333 West Wacker Drive demonstrates LaSalle’s commitment to the city of Chicago and all that it offers LaSalle’s growing, worldwide business.

BRISBANE May 6, 2015 - LaSalle Investment Management ("LaSalle") has announced that Ian Mackie, International Director, has relocated from Singapore to Brisbane.

CHICAGO ​April 22, 2015 – LaSalle Investment Management (“LaSalle”), a leading global real estate investment manager, today announced that it has acquired the La Belle at Hollywood Tower for $63,000,000. La Belle, built in 2010, is located in the Hollywood Hills of Los Angeles adjacent to the Hollywood Tower and compliments its classic French-Norman style with modern residences and luxurious amenities.

CHICAGO April 17, 2015 – LaSalle Investment Management (“LaSalle”), a leading global real estate investment manager, announced it has acquired 551 St. James Gate in Bolingbrook, Ill. The 289,357 square foot distribution center is located on 22.5 acres of land and features 32 loading docks, 200’ truck courts, and 105 trailer parking spaces.