LaSalle Asia Opportunity Fund IV Named "Asia Pacific-Focused Real Estate Fund" at AsianInvestor Asset Management Awards 2018

HONG KONG (June 06, 2018) — LaSalle Asia Opportunity Fund IV (“LAOF IV”), an Asia Pacific-focused opportunity fund managed by LaSalle Investment Management, has been recognized by AsianInvestor in the first-ever “Asia Pacific-Focused Real Estate Fund” category of its annual AsianInvestor Asset Management Awards.

The award recognizes LAOF IV for its strong performance since its launch in mid-2013. As of 31 March 2018, LAO IV has returned 105% of the equity deployed, and since inception the Fund’s net returns are 38.4% IRR[1] and 1.58x EM[2], far exceeding its 18% net IRR[3] target.

Mark Gabbay, Chief Executive Officer and Chief Investment Officer – Asia Pacific, LaSalle, said: “LAOF IV’s exceptional returns are the result of the ability of our strong, experienced local teams to source, underwrite and execute opportunities, supported by a powerful regional research team. LaSalle has a strong track record of delivering on opportunistic/ value-add real estate investment strategies in the region, and the continued success of the LaSalle Asia Opportunity series is testament to our belief that the strength of the integrated relationship between research, investment, acquisition and asset management teams is key to generating ideas and investment opportunities for clients. We are honoured to have received recognition on LAOF IV’s strong performance from AsianInvestor, and look forward to continuing to deliver strong investment returns to our clients.”

 

[1] Net returns before performance fees

[2] Net returns before performance fees

[3] Net returns before performance fees

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

This information 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 by means of a private placement memorandum. Past performance is not indicative of future results.

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