News

  • October 27, 2021

    JLL Income Property Trust Acquires Premier Denver-Area Apartment Community

    CHICAGO (October 27, 2021) — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $5.1 billion in portfolio assets advised by LaSalle Investment Management, announced today the acquisition of Miramont Apartments in the Denver suburb of Fort Collins, Colorado. The 15-building, 210-unit garden-style apartment community was acquired for approximately $58 million, bringing the portfolio’s total residential allocation to more than $2 billion, or 43 percent of total assets.
  • October 21, 2021

    Acquires Premier Apartment Community in Suburban Denver

    CHICAGO (October 21, 2021) — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $5.1 billion in portfolio assets advised by LaSalle Investment Management, announced today the acquisition of Pinecone Apartments in the Denver suburb of Fort Collins, Colorado. The 13-building, 195-unit garden-style apartment community was acquired for approximately $52 million, bringing JLL Income Property Trust’s total residential allocation to more than $2.0 billion, or 43 percent of total assets.
  • October 19, 2021

    LaSalle sells office property in Amsterdam

    AMSTERDAM (October 19, 2021) — Aviva Investors Real Estate France announces that it has completed the acquisition of the office building Weesperstraat 420-446, in the centre of Amsterdam on behalf of one of its clients. The asset has been sold by LaSalle on behalf of a separate account client.
  • October 18, 2021

    LaSalle Earns Multiple Top GRESB Ratings for ESG Investment and Drive to Cut Carbon Emissions

    CHICAGO, LONDON, SINGAPORE (October 18, 2021) — LaSalle Investment Management (“LaSalle”) is pleased to announce that five of its funds earned top scores within the 2021 Global Real Estate Sustainability Benchmark (GRESB), a leading global environmental, social and gov-ernance (ESG) measure, recognizing LaSalle’s commitment to ESG performance. 
  • October 12, 2021

    JLLIPT Acquires Two Life Sciences Properties in Durham, North Carolina

    CHICAGO (October 12, 2021) — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $5.1 billion in portfolio assets and advised by LaSalle Investment Management, today announced the acquisitions of 5 & 47 National Way, two life sciences properties located in Durham, North Carolina. The properties total approximately 375,000 square feet and are each 100 percent leased to life science tenants. The purchase price was approximately $67 million.
  • October 11, 2021

    LaSalle acquires Mannheim logistics asset on behalf of Encore+

    BERLIN (October 11, 2021) — LaSalle has completed the purchase of a state-of-the-art logistics warehouse in the Rhine-Neckar metropolitan region, located in Ladenburg east of Mannheim in south-west Germany. The warehouse was acquired as a forward-funding deal from PGIM Real Estate and Panattoni on behalf of Encore+.
  • October 07, 2021

    LaSalle Completes Final Close of its China Logistics Fund at US$972 Million

    SHANGHAI (October 07, 2021) — LaSalle announces the final close for LaSalle China Logistics Venture (“LCLV” or the “Fund”) and its co-investment vehicle with total committed capital of US$972 million raised. The Fund and its co-investment vehicle had received initial capital commitments of US$681 million at its first close last year.
  • September 09, 2021

    LaSalle E-REGI acquires logistics property in the Dutch municipality of Moerdijk

    MOERDIJK (September 09, 2021) — LaSalle has acquired a high-quality logistics asset at the Port of Moerdijk in the Netherlands for its open-ended pan-European fund LaSalle E-REGI (“the Fund”). The property is located in the west of the Dutch province North Brabant near Rotterdam, one of the most important hubs for European and international trade. It was acquired from Savills Investment Management.
  • September 07, 2021

    LaSalle Canada Property Fund Acquires Portfolio Including Class A Retail, Trophy Office and Land

    TORONTO (September 07, 2021) — LaSalle Investment Management (“LaSalle”) announced that its flagship core real estate fund in Canada, LaSalle Canada Property Fund (“LCPF” or “the fund”), expanded its portfolio with the acquisition of a portfolio of properties in Montreal and Vancouver. The portfolio, acquired from Ivanhoé Cambridge, includes: A 50 per cent stake in Maison Manuvie at 900 Boulevard de Maisonneuve O, a more than 485,000-square-foot trophy office asset in Montreal. Manulife, whose Quebec headquarters are located in the office tower, will be LaSalle’s 50 per cent partner in the property. 50 per cent ownership of Guildford Town Centre, a top performing super-regional mall in the Vancouver suburb of Surrey. Ivanhoé Cambridge will remain a partner in the property. 50 per cent ownership of an 18-acre development site directly north of Guildford Town Centre. Ivanhoé Cambridge will also remain a partner in the parcel.
  • September 02, 2021

    JLL Income Property Trust Acquires Premier Apartment Community in Suburban Denver

    CHICAGO (September 02, 2021) — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $4.5 billion in portfolio assets advised by LaSalle Investment Management, announced today the acquisition of The Preserve at the Meadows, a garden-style apartment community in Fort Collins, Colorado. The purchase price was approximately $61 million, and brings the portfolio’s total residential allocation to nearly $1.8 billion, or 41 percent of total assets.

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