• November 13, 2019

    LaSalle Canada Property Fund Acquires Premier Mixed-Use Asset in Downtown Edmonton, in Partnership with Universal-Investment on behalf of BVK, North American Development Group and Canderel

    EDMONTON (November 13, 2019) — LaSalle Investment Management (“LaSalle”) announced that its flagship core real estate fund in Canada, LaSalle Canada Property Fund (“LCPF” or “the fund”) along with its Custom Accounts group representing Frankfurt-based fund-servicing company Universal-Investment on behalf of Bayerische Versorgungskammer (BVK), and two managing owners, North American Development Group and Canderel, have acquired Edmonton City Centre (ECC). The property includes the Edmonton City Centre retail component, TD Tower, Oxford Tower and Centre Point Place spanning three city blocks in downtown Edmonton’s central business district.
  • November 04, 2019

    LaSalle sells Hobbycraft distribution facility for £20 million

    LONDON (November 04, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, today announces the sale of a warehouse and distribution facility currently leased to Hobbycraft, the UK-based arts & crafts retailer, in Burton upon Trent for a further 8 years. The asset has been acquired by Cabot Properties, for £20 million.
  • October 29, 2019

    LaSalle’s Encore+ Fund acquires a prime urban logistics asset near Paris

    PARIS (October 29, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, has advised its pan-European fund Encore+ on an acquisition of an urban logistics warehouse on the edge of Paris. The property is single let to a blue-chip tenant.
  • October 15, 2019

    LaSalle advises on the acquisition of logistics asset in Zaragoza, Spain

    LONDON (October 15, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, has acquired a flexible-use warehouse fully let to the discount supermarket chain DIA. The asset, which is located near Zaragoza in Spain, has been acquired on behalf of LaSalle’s E-REGI fund for over €20 million.
  • October 15, 2019

    LaSalle completes acquisition and fully leases Logiport West Anseong in South Korea; Continued momentum in execution of LaSalle’s logistics strategy in the Asia-Pacific region

    SEOUL (October 15, 2019) — LaSalle Investment Management (“LaSalle”) announced its completion of the acquisition and leasing of Logiport West Anseong located in Anseong City, South Korea.  The project’s gross floor area is 14,146 pyung (approximately 503,400 sq.ft.) and the construction was completed in December 2018.
  • October 14, 2019

    LaSalle hires Richard Craddock as a Managing Director for Whole Loans

    LONDON (October 14, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, today announces that Richard Craddock has joined to the Debt & Special Situations team in Europe, headed by Amy Klein Aznar. Richard joins as Managing Director for its successful Whole Loan programme (LWLS I/II) which launched earlier this year with €600 million of initial commitments and invests in whole loans across Western Europe, with an initial focus on France, Benelux, Iberia, and Ireland.
  • October 11, 2019

    LaSalle Acquires Partial Interest in Illumina World Headquarters and Life Sciences Campus in San Diego

    SAN DIEGO AND CHICAGO (October 11, 2019) — LaSalle Investment Management (“LaSalle”) announced that it has acquired partial interest in the world headquarters and life sciences campus of Illumina (Nasdaq: ILMN), a global leader in DNA sequencing and array-based technologies. LaSalle made the investment on behalf of its U.S. core open-end real estate fund, LaSalle Property Fund (“LPF”) with the property’s developer, an S&P 500® U.S. equity REIT. This transaction represents LaSalle’s first investment in the life sciences property sector.
  • October 10, 2019

    LaSalle arranges three mezzanine loans of over €200 million for Blackstone

    LONDON (October 10, 2019) — LaSalle Investment Management (“LaSalle”), the global real estate investment manager, is pleased to announce that it has arranged over €200 million of mezzanine loans to refinance three portfolios of last mile logistics and industrial assets for real estate funds advised by Blackstone. The portfolios include 264 assets located in key urban locations throughout Germany, Netherlands, France and Denmark.
  • October 08, 2019

    Simon Marx speaks to Bloomberg on London’s ranking in the LaSalle E-REGI Index

    LONDON (October 08, 2019) — Simon Marx, Investment Strategist, was interviewed by Dani Burger on Bloomberg Daybreak LIVE on Monday morning, discussing findings from the LaSalle E-REGI Index 2019 on European economic growth and the top European cities in which to invest.     For 20 years, LaSalle has published its annual European Regional Economic Growth Index - or "E-REGI" - which identifies the European regions and cities with the best growth prospects. The index judges the relative strength of future occupier demand for commercial real estate and proves valuable as the basis of any real estate investment strategy.
  • October 07, 2019

    UK cities resilient to Brexit uncertainty due to strength of service sector

    LONDON (October 07, 2019) — London tops Index for 11th time since 2000 Almost all cities in the UK improve in this year’s ranking Manchester overtakes Edinburgh to be the second-highest ranked UK city

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