News

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.

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.

CHICAGO, LONDON AND SINGAPORE (October 22, 2020) — LaSalle Investment Management (“LaSalle”) has announced the successful launch and investment momentum of its LaSalle Global Navigator Fund (“the Fund”), an open-ended relative value real estate investment vehicle advised by the firm’s indirect investment platform, LaSalle Global Partner Solutions (“LaSalle GPS”).

BERLIN (October 21, 2020) — LaSalle has acquired a modern residential asset in the centre of Berlin on behalf of the Encore+ Fund. This is the first residential investment since the inception of Encore+ in 2006.

CHICAGO (October 19, 2020) — LaSalle today announced its commitment to the Urban Land Institute’s Greenprint Center for Building Performance Net Zero Carbon (“NZC”) Goal to reduce landlord-controlled operational carbon emissions of LaSalle’s global portfolio of managed assets to net zero by the year 2050.

MILAN (October 07, 2020) — LaSalle has completed the sale of a core logistics asset in Greater Milan, Italy for €35 million to AXA Investment Management. The disposition follows a strategic decision of the Fund to exit the Italian market while creating superior investment performance.

LONDON (October 05, 2020) — LaSalle is pleased to announce the first close for LaSalle Real Estate Debt Strategies IV (“LREDS IV”), the fourth fund in its flagship LaSalle Real Estate Debt Strategies series (“LREDS”), with €435 million of aggregate commitments.  This strong first close puts the Fund on target for achieving a capital raise of €1 billion.

LONDON (September 17, 2020) — LaSalle Investment Management (“LaSalle”), today announces that Philip La Pierre has been appointed to the role of CEO of Europe, with effect from 1st October. He will oversee all operations and strategies across Europe.

CHICAGO (September 15, 2020) — LaSalle Investment Management (“LaSalle”) is pleased to announce the establishment of the LaSalle Real Estate Scholarship for Black and Latino/a Minorities. The scholarship program establishes a five-year, $100,000 per year commitment to provide rising Black and Latino/a college sophomores the opportunity to receive $10,000 toward their education. It will also include programmatic mentorship meetings with LaSalle executives designed to educate the scholarship recipient on careers in real estate investment management and the real estate industry in general.

HELSINKI (September 07, 2020) — LaSalle has advised the LaSalle E-REGI Fund on its acquisition of a landmark office building in central Helsinki, Finland’s most dynamic office market supported by one of the fastest growing populations in Europe. The asset, which is close to fully let to a diversified tenant base, has been acquired for €45.5 million.