News

CHICAGO (December 17, 2018) — Strong performance is expected for both the U.S. and Canadian real estate markets in 2019 and into 2020, as fundamentals are anticipated to exhibit stability amidst a chaotic political climate and economic cycle. This stability does not extend to every facet of either market, but core values should demonstrate resilience, despite the potential challenges of inflation and late-cycle anxiety that have permeated the North American economy. In order to mitigate these potential risks, the construction of real estate portfolios that employ defensive (low beta) positioning while still dedicating a portion of investment to higher (alpha-seeking) return strategies is recommended in LaSalle Investment Management’s Investment Strategy Annual (ISA) 2019.

CHICAGO AND BALTIMORE (December 11, 2018) — LaSalle Investment Management is pleased to announce it has been named a Best Place to Work in Money Management for 2018 by Pensions & Investments (P&I).

LONDON (November 22, 2018) — LaSalle has acquired Luna Arena, the Grade-A office building in Amsterdam, for its Encore+ fund from the Dutch real estate fund manager PingProperties for €55.6m. Luna Arena is the fourth acquisition in the Netherlands for the Fund.

LONDON (November 14, 2018) — LaSalle today confirms it has assumed sole responsibility for the management of Encore+, the open-ended Continental European real estate fund has been jointly managed by Aviva Investors (“Aviva”) and LaSalle for the last twelve years. 

LONDON (November 09, 2018) — LaSalle announces the acquisition of Ty Admiral, the global headquarters of Admiral Group Plc located on David Street, Cardiff. The asset, a high-specification 14-storey office building, was acquired from a fund managed by Amundi Real Estate (“Amundi”).

CHICAGO, NEW YORK, LONDON AND SINGAPORE (November 08, 2018) — LaSalle Investment Management (“LaSalle”) today announces the launch of LaSalle Global Partner Solutions (“LaSalle GPS”), a new fully integrated division dedicated to building robust, indirect investment portfolios by partnering with expert real estate operators across the world, following the closing of its acquisition of the Real Estate Multi-Manager business of Aviva Investors. The new platform will offer a range of opportunities across private, public, debt and equity segments through investment in third-party and in-house funds, joint ventures, co-investments and secondaries.

CHICAGO, LONDON AND SINGAPORE (November 01, 2018) — LaSalle Investment Management (“LaSalle” or “the company”) today announced it has entered into an agreement to make a majority acquisition of the $1.2 billion debt fund business of Latitude Management Real Estate Investors (“Latitude” or “LMREI”). The transaction is subject to customary closing conditions and is expected to be completed during the first quarter of 2019.

LONDON (October 22, 2018) — London tops index for 10th time since 2000 Index offers evidence that Brexit uncertainty is mainly affecting rest of the UK Strong labour market benefits seven of the thirteen UK cities Paris close rival to London with highest absolute score since launch of the index

LONDON (October 22, 2018) — Apache Capital Partners announces a new four year £58.5 million senior debt facility, with an option to extend for two years. LaSalle provided the senior debt financing, which is secured on The Lexington, Liverpool at Princes Dock, through its fund LaSalle Residential Finance III (“LRF III”).

PARIS (October 11, 2018) — LaSalle announces the acquisition of the Monceau Jadin property from the Perial group on behalf of the investment foundation Testina and is the segregated mandate’s first investment in France.