LaSalle appoints Karim Habra as Head of Continental Europe
PARIS (November 09, 2017) — LaSalle announces that Karim Habra has been appointed to the newly created role of Head of Continental Europe with immediate effect. He was previously Head of France at LaSalle and will continue to be based in Paris. Karim will be responsible for the acquisitions, asset management and fund management teams across all of Continental Europe.
This newly created role, where Karim continue to report into the Chief Executive for Europe, Simon Marrison, removes the Country Head structure on the Continent. This is consistent with the structure of our pan-European funds and will encourage further cooperation and efficiencies across all of our teams. Given that our clients and investors are increasingly looking at the continent as a whole, this management restructuring will support the continued growth of our key funds and lead the development of new products.
LaSalle’s Continental European business has a presence in 8 different countries and employs over 80 people in Western and Central Europe.
Karim Habra, Head of Continental Europe at LaSalle Investment Management, said: “I am delighted to take on this new role overseeing LaSalle’s Continental European business and I look forward to working with the broad array of talent that we have to drive the business forward and help grow our pan-European funds and accounts. Whilst still heading up the French business, I will be working with Simon on our strategy in order to achieve our long term vision, and to continue to grow our business across Europe.”
Simon Marrison, CEO for Europe at LaSalle Investment Management, said: “The decision to change the structure of our Continental European business is to make it consistent with our pan-European funds; we also expect this to drive even further collaboration between our teams, and maximise the expertise in each country. Karim has been with LaSalle for five years as Head of France and prior to that as Head of Central Europe, and has continually demonstrated the required acumen and management skills. Continental Europe is a key market for international investors, and this new structure will optimise the investment process and drive superior performance.”
About LaSalle Investment Management
LaSalle Investment Management, Inc. (together with its global investment advisory affiliates, “LaSalle”) is one of the world’s leading real estate investment managers. LaSalle on a global basis manages approximately $60 billion as of Q1 2018 of private and public equity and private debt investments. 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. LaSalle Investment Management, Inc. is a wholly-owned, operationally independent subsidiary of Jones Lang LaSalle Incorporated (NYSE: JLL), one of the world’s largest real estate companies. For more information please visit www.lasalle.com.
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