News

CHICAGO (June 25, 2019) — LaSalle Investment Management (“LaSalle”) was named a Gold-level Green Lease Leader at the BOMA International Conference in Salt Lake City, Utah, an annual event that brings together thousands of commercial real estate professionals to share the latest industry trends and operational best practices. 

SHANGHAI (June 17, 2019) — LaSalle Investment Management (“LaSalle”) today announces it has commenced construction on five new LaSalle Logiport logistics developments in Shanghai Qingpu, Suzhou, Jiaxing, Chongqing and Xi’an.  The projects are expected to deliver leasable GFA of 359,000 sqm upon completion in early 2020.

LONDON (May 08, 2019) — LaSalle is pleased to announce the launch of the LaSalle Whole Loan Strategies programme by its Debt & Special Situations team. This is a €600 million programme focused on originating whole loans secured against real estate in Western Europe and the Nordics. The programme’s strategy is to originate and hold whole loans with loan-to-values ranging from 70 per cent up to c.80 per cent across various asset types. The strategy targets financings between €25 million and €100 million plus.

WARSAW (May 02, 2019) — LaSalle has managed the acquisition of an office building, Wronia 31, with excellent sustainability credentials in Warsaw’s City Centre west zone from Ghelamco, on behalf of the pan-European fund Encore+. This dynamic market is the fastest developing market and is emerging as a major business location in Warsaw.

PARIS (April 17, 2019) — LaSalle has managed the acquisition of a high-quality office development on rue Jeanne d’Arc from AG Real Estate, on behalf of the pan-European fund Encore+; this is a forward-funding investment (VEFA contract). The property has a strategic location in the 13th arrondissement near to the world's largest tech start-up incubator, Station F, which was opened in 2017 under the initiative of Xavier Niel.

CHICAGO (April 10, 2019) — LaSalle Investment Management (“LaSalle”) is proud to announce that it has received the 2019 ENERGY STAR® Partner of the Year Award for its outstanding leadership and demonstrated improvement in energy performance of commercial buildings through a portfolio-wide energy program.

MUNICH (April 03, 2019) — LaSalle has acquired Westend Yards, a Munich office property, on behalf of the Encore+ fund, its Pan-European core fund.

CHICAGO AND LONDON (March 06, 2019) — LaSalle Investment Management (“LaSalle”) today announced that following a successful 12-year period as CEO for Europe, Simon Marrison will transition to assume a Chairman role for the business. Karen Brennan, Head of Americas Custom Accounts for LaSalle, has been appointed to succeed Mr. Marrison as the firm’s CEO for Europe, effective 30 June 2019. Mr. Marrison will remain in the Chairman advisory role and work closely with Ms. Brennan to ensure a seamless leadership transition.

SINGAPORE (March 01, 2019) — Tekka Place, an upcoming hospitality-and-retail integrated development comprising a ten-storey main block and seven-storey annex block with rooftop deck at 2 Serangoon Road, is on schedule for completion by the end of the year. It celebrated the milestone at the topping out ceremony at the site today graced by Minister for Communications and Information, Mr S. Iswaran.

SINGAPORE, HONG KONG (February 27, 2019) — According to LaSalle Investment Management’s Investment Strategy Annual (ISA) 2019, the fundamental drivers of real estate occupier markets are likely to retain their “just right” status in 2019. However, investors should expect an eventual cyclical inflection, and watch for signs of late-cycle excesses and risk taking. In 2019, investors are expected to make investment decisions in an environment of rising volatility and uncertainty. If a recession comes, leased real estate will not be immune, but it will be a “low beta”, or less sensitive financial asset.