News

PRAGUE (November 23, 2017) — LaSalle has acquired through its LaSalle E-REGI fund Palác Anděl in Prague from Aberdeen Asset Management Deutschland AG, the German subsidiary of Aberdeen Standard Investments. This modern administrative building in the Prague district of Smíchov – Anděl is the fund’s first asset in the Czech Republic. The total purchase price reached €57,8 million. Cushman & Wakefield and Clifford Chance represented the seller. White & Case, JLL, PWC represented the buyer. 

LONDON (November 20, 2017) — LaSalle is pleased to announce the final close of its LaSalle Real Estate Debt Strategies III (“LREDS III”) fund with aggregate commitments of £804 million. 

PARIS (November 09, 2017) — LaSalle announces that Karim Habra has been appointed to the newly created role of Head of Continental Europe with immediate effect. He was previously Head of France at LaSalle and will continue to be based in Paris. Karim will be responsible for the acquisitions, asset management and fund management teams across all of Continental Europe. 

LONDON (November 06, 2017) — London has regained its position as the leading region for real estate occupier demand in Europe, according to the eighteenth edition of LaSalle’s European Regional Growth Index (E-REGI).

LONDON (November 02, 2017) — intu properties plc and LaSalle, acting on behalf of Greater Manchester Pension Fund and West Yorkshire Pension Fund, are forming a partnership to jointly own intu Chapelfield shopping centre in Norwich.

TOKYO (November 02, 2017) — LaSalle is pleased to announce the close of the fourth fund in its Japanese logistics series, JLF IV (“the Fund”). 

LONDON (October 30, 2017) — Encore+ has made another acquisition in the Netherlands, with the purchase of the office tower Kennedytoren in Eindhoven for circa €50 million.

TORONTO (September 29, 2017) — LaSalle Investment Management (“LaSalle”) is pleased to announce that Michael Cornelissen will join the firm as Senior Vice President of Acquisitions for its Canada business, effective October 2. Mr. Cornelissen will be based in LaSalle’s Toronto office, and will report to the firm’s Head of Acquisitions in Canada, Stephen Robertson.

CHICAGO (September 27, 2017) — A recent study conducted by LaSalle Investment Management (“LaSalle”) reinforces the important complementary relationship between publicly-traded global real estate securities (“GRES”) and global private real estate. The analysis, published in a recent whitepaper, highlights the benefits of GRES and global private real estate as well as the additional advantages investors can gain by combining the two strategies.

CHICAGO (September 27, 2017) — Commingled Funds and Separate Accounts across Asia, Europe and the U.S. Recognized for Leadership in Environmental Sustainability LaSalle Investment Management (“LaSalle”) is pleased to announce that it has earned eight Green Stars across its global business, in the 2017 Global Real Estate Sustainability Benchmark (GRESB), an industry-recognized global ESG measure for real asset investments. In order to achieve a Green Star, a GRESB Assessment participant must meet score thresholds in both Management & Policy as well as Implementation & Measurement categories.  With these results, LaSalle is seeing significant year-over-year improvements in both segments.