LaSalle announces appointment of Philip La Pierre as CEO of Europe

LONDON (September 17, 2020) — LaSalle Investment Management (“LaSalle”), today announces that Philip La Pierre has been appointed to the role of CEO of Europe, with effect from 1st October. He will oversee all operations and strategies across Europe.

As a member of LaSalle’s senior team in Europe, Mr. La Pierre has served as Head and CIO of Continental Europe for the firm since joining in June 2018. Based in London, he will report directly into Jeff Jacobson, LaSalle’s Global CEO. In his new role, Mr. La Pierre will have overall responsibility for LaSalle’s $23 billion AUM pan-European real estate business and will join LaSalle’s Global Management Committee.

During Mr. La Pierre’s leadership, LaSalle’s Continental Europe business has seen strong growth, having overseen growth of the region’s AUM by 30 per cent to $10.3 billion and registering over $4 billion of transactions since he joined in June 2018 to date.

A German national with 20 years of experience in real estate and having overseen over €10 billion of global real estate investments, Mr. La Pierre has built up a distinguished reputation in the German and broader European real estate market. Prior to LaSalle, he was Co-Chief Investment Officer at Corestate Capital. Before this, he spent eight years at Union Investment Real Estate in various leadership roles, including the Head of Investment Management Europe and later becoming the Global Head covering the Americas and APAC Region. 

Mr. La Pierre’s appointment follows his predecessor, Karen Brennan, being appointed as Jones Lang LaSalle Incorporated’s Chief Financial Officer. JLL is the parent company of LaSalle Investment Management.

Jeff Jacobson, Global CEO at LaSalle, said: “Philip has already played a key role in our success in Europe and I am confident that he will help us to strengthen our position as one of the region’s leading real estate investment managers. This is a pivotal moment for our firm and for our sector, and we are very fortunate to have someone with Philip’s talent, knowledge and experience leading us in Europe at this time.”

Philip La Pierre, CEO of Europe at LaSalle, commented: “It is a privilege to be the next leader of our European business. Given the strong foundations which have been set across the region, I look forward to continuing to work closely with Jeff and the regional leadership team to generate superior investment performance on behalf of our clients, drive the long-term growth of our business, and advance our global position.”

About LaSalle Investment Management 

LaSalle Investment Management is one of the world's leading real estate investment managers. On a global basis, LaSalle manages approximately $65 billion of assets in private and public real estate property and debt investments as of Q1 2020. LaSalle's diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. For more information please visit http://www.lasalle.com, and LinkedIn.

NOTE: This information discussed above is based on the market analysis and expectations of LaSalle and should not be relied upon by the reader as research or investment advice regarding LaSalle funds or any issuer or security in particular. The information presented herein is for illustrative and educational purposes and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy in any jurisdiction where prohibited by law or where contrary to local law or regulation. Any such offer to invest, if made, will only be made to certain qualified investors by means of a private placement memorandum or applicable offering document and in accordance with applicable laws and regulations. Past performance is not indicative of future results, nor should any statements herein be construed as a prediction or guarantee of future results.