News

  • April 26, 2018

    LREDS III provides mezzanine loan for UK’s first Nobu Hotel

    LONDON (April 26, 2018) — LaSalle is pleased to announce that its £804m fund, LREDS III, has extended a mezzanine facility of £20 million to Willow Corp Sarl, the owners of the UK’s first Nobu Hotel in Shoreditch, London.
  • April 26, 2018

    LaSalle Announces Leadership Succession for its Global Real Estate Securities Business

    CHICAGO AND BALTIMORE (April 26, 2018) — LaSalle Investment Management (“LaSalle”) today announced that Stan Kraska, CEO of LaSalle’s global real estate securities business (“LaSalle Securities”), will retire at year-end 2018, after more than 30 years with the firm.
  • April 25, 2018

    Logiport Osaka Taisho logistics warehouse completes construction

    HONG KONG (April 25, 2018) — LaSalle Investment Management, Inc., Mitsubishi Estate Co., Ltd. and Mitsubishi UFJ Lease & Finance Company Limited are pleased to announce the completion of the jointly-developed multi-tenant logistics warehouse Logiport Osaka Taisho in Osaka, Japan.
  • April 16, 2018

    LaSalle Asia Opportunity V raises over US$1.1 Billion

    SINGAPORE (April 16, 2018) — LaSalle Investment Management has raised over US$1.1 billion of equity for LaSalle Asia Opportunity V (“LAO V” or “the Fund”), exceeding the initial US$750 million target announced at the Fund’s launch in August 2016. The fifth in LaSalle’s series of closed-end, pan-Asia opportunistic funds has secured total commitments of US$1.15 billion, of which 85% is assigned to the Fund and 15% is targeted for co-investments. The total capital was secured from 20 external institutional investors from Asia, Europe, the Middle East, and the United States.
  • April 12, 2018

    LaSalle appoints Philip Nell as Head of Real Return Funds

    LONDON (April 12, 2018) — LaSalle is pleased to announce that Philip Nell has joined the firm as Head of Real Return Funds in the UK. He will be responsible for in excess of £3.5 billion of invested assets and available capital.
  • April 05, 2018

    LaSalle Acquires Shanghai International Plaza

    SHANGHAI (April 05, 2018) — LaSalle Investment Management (“LaSalle”) is pleased to announce the acquisition of Shanghai International Plaza (“SIP”) from Alpha Asia Macro Trends Fund II (“Alpha”).  The property was acquired on behalf of LaSalle Asia Opportunity V (“LAO V”), the fifth in LaSalle’s series of closed-end, pan-Asia opportunistic funds.
  • March 15, 2018

    LREDS III provides Lone Star mezzanine loan for UK hotel portfolio

    LONDON (March 15, 2018) — LaSalle is pleased to announce that its £804m fund, LREDS III, has extended a five-year mezzanine facility of £22.2 million to refinance a portfolio of forty hotels managed by the Shearings Leisure Group.  The refinancing replaces a platform facility and will facilitate an extensive capital expenditure programme following the consolidation of the group’s ownership under funds managed by Lone Star.
  • March 14, 2018

    LaSalle Acquires Value-Add Multifamily Asset in Austin

    CHICAGO (March 14, 2018) — LaSalle Investment Management (“LaSalle”), announced that its U.S. value-add fund LaSalle Income & Growth Fund VII (“Fund VII”) has acquired, Lakeshore Pearl, a 230-unit garden-style multifamily asset located in the East Riverside submarket of Austin, Texas, through a joint venture with Cypress Real Estate Advisors.
  • March 09, 2018

    LaSalle acquires “Ocean Gate Minato Mirai”, a new large-scale office building in the Yokohama Minato Mirai 21 area

    HONG KONG (March 09, 2018) — LaSalle Investment Management announces that it has acquired, on behalf of a consortium of Japanese investors, Ocean Gate Minato Mirai, a 14-storey large-scale office building located in Yokohama’s Minato Mirai 21 area, the city’s business and central core.
  • March 08, 2018

    LREDS III provides Ares Management mezzanine loan for German office portfolio

    MUNICH (March 08, 2018) — LaSalle is pleased to announce that its £804m fund, LREDS III, has extended a five-year mezzanine facility of €25 million to finance the acquisition of a portfolio of five assets in Germany for Ares Management.  The properties within the portfolio are a combination of office facilities and mixed-use spaces totalling just under 80,000m² located in Munich, Hannover and Dusseldorf.

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