News

  • March 16, 2020

    A Message from LaSalle Global CEO Jeff Jacobson on COVID-19

    CHICAGO, LONDON AND SINGAPORE (March 16, 2020) — To Our Valued Clients and Partners: The COVID-19 pandemic has created massive and rapidly changing challenges and disruptions for our communities, healthcare systems and economies.  At this point in time, no one definitively knows the extent and duration of the pandemic or the resulting negative impacts on economies and investment markets. In this environment, we believe clear and frequent communication to all of our stakeholders is very important, and we wanted to provide you with a brief update on our assessment of the situation and the steps we are taking to ensure that we can navigate through these disruptions as effectively as possible.
  • February 25, 2020

    LaSalle Residential Finance provides a £106m loan to Audley Group Joint Venture

    LONDON (February 25, 2020) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, today announces the provision of a £106 million loan facility to finance the development of two retirement villages in the South of England. The development loan has been extended from the LaSalle Residential Finance (“LRF”) programme to a recently formed joint venture between Audley Group (“Audley”), the UK luxury retirement village provider, and the UK Retirement Living Fund, which is managed by Schroders Real Estate, the investment manager, and Octopus Real Estate, the UK specialist real estate lender and investor. 
  • February 24, 2020

    LaSalle’s 2020 ISA: Targeted Real Estate Investment strategies in Asia Pacific

    SINGAPORE (February 24, 2020) — The outbreak of a new infectious disease, a slowing global economy, ongoing trade negotiations, high asset valuations, and disruptive technology may act as headwinds to favorable real estate performance. At the same time, low-to-zero interest rates, abundant liquidity, rising institutional allocation to real estate, improving real estate market transparency, and more measures for additional monetary and fiscal stimulus among major Asia Pacific - are all tailwinds driving favorable real estate performance in the region, according to LaSalle Investment Management’s Investment Strategy Annual (ISA) 2020. Our market sector recommendations for the Asia Pacific are more targeted for 2020 than prior years. Individual countries within the region may have different responses to these potential headwinds and tailwinds.
  • February 11, 2020

    LaSalle Encore+ underscores importance of European logistics with Dutch acquisition

    ROTTERDAM (February 11, 2020) — LaSalle Investment Management, the global real estate investment manager, announces the acquisition of an urban logistics facility north of Rotterdam, The Netherlands, on behalf of its pan-European fund Encore+, which increases the Fund’s exposure to the Dutch logistics market, one of the biggest in Europe. The asset has been acquired from ULP Bleiswijk B B.V., a joint venture between USAA Realco Europe B.V. and Somerset Capital Partners B.V.
  • February 06, 2020

    LaSalle E-REGI passes €1bn in value and strong investment performance for 2019

    MUNICH (February 06, 2020) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, today announces that the LaSalle E-REGI (“the fund”) has exceeded €1 billion in asset value as of 14 January 2020. In 2019, the fund generated total returns of 10.9%, driven by strong rental growth and successful sales, and has now recorded three-year total return figures of 8.7%.
  • February 05, 2020

    LaSalle Renames U.S. Debt Fund Platform LaSalle Debt Investors

    CHICAGO (February 05, 2020) — LaSalle Investment Management (“LaSalle” or “the company”) today announced it has renamed its U.S. debt fund platform to LaSalle Debt Investors (“LDI”). LaSalle completed the acquisition of LDI’s $1.2 billion debt fund business, known previously as Latitude Management Real Estate Investors, in January 2019.
  • January 23, 2020

    LaSalle sells one of Spain’s most sustainable office buildings after major refurbishment

    MUNICH (January 23, 2020) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, today announces the sale of General Lacy 23, a heritage building in Madrid, which has become the first office building in the country to be given LEED Platinum green building status following a major refurbishment. LaSalle has sold the former tobacco warehouse to CBRE Global Investors, having acquired the property in late 2018 on behalf of a German pension fund.
  • January 20, 2020

    LaSalle’s Encore+ Fund diversifies portfolio with purchase of two Munich hotel properties

    MUNICH (January 20, 2020) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, has advised its pan-European fund Encore+ on the acquisition of two hotel properties in Munich from Commerz Real.
  • January 17, 2020

    LaSalle acquires office building Morrow in Frankfurt’s Westend on behalf of LaSalle E-REGI

    MUNICH (January 17, 2020) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, has announced the acquisition of the prime office building Morrow in Frankfurt’s Westend. The purchase agreement has been signed on behalf of the LaSalle E-REGI fund (“the fund”), with closing in July 2020. LaSalle has acquired the asset from Projektentwicklung Oberlindau GmbH, a joint venture between Art-Invest Real Estate and Red Square.
  • January 13, 2020

    LaSalle Acquires Overlook at Bernardo Heights Apartments in San Diego

    SAN DIEGO AND CHICAGO (January 13, 2020) — LaSalle Investment Management (“LaSalle”) announced that it has acquired the Overlook at Bernardo Heights, a 330-unit multifamily property located in the affluent Rancho Bernardo submarket of San Diego, California. LaSalle acquired the asset on behalf of its U.S. core open-end real estate fund, LaSalle Property Fund (“LPF”).

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