LaSalle Restructures Australian Leadership Team
SYDNEY (December 19, 2021) — LaSalle Investment Management (“LaSalle”) recently announced that it has appointed Simon Howard and Michael Stratton as co-heads of its Australian operations. Their appointments took effect earlier this month, with both reporting to Keith Fujii, Head of Asia Pacific, based in Tokyo.
Simon and Mike joined LaSalle in 2011 with the opening of the firm’s Sydney office. Prior to this appointment, Simon was head of asset management while Michael had been head of acquisitions. They each have over 25 years’ experience across a broad range of asset classes including office, retail, industrial, hotels, retirement villages and residential.
Despite the global pandemic, investment resilience across real estate sectors in the country remains strong, underpinning institutional investor’s appetite for investing in the market. This new structure will enable us to deliver investment strategies and seek new opportunities more effectively and will further strengthen our position in the country.
Keith Fujii, Head of Asia Pacific at LaSalle Investment Management, said: “We see strong interest from institutional investors to seek access and opportunities to invest in Australia and the new structure with Simon and Michael mandated is set to meet investors demands and develop and execute on a strategy to jointly grow our Australian platform. Their diverse set of experiences across industries and strong track record will continue to drive growth for our business in Australia.”
Simon Howard, Co-Head of Australia at LaSalle Investment Management, said: “We are well placed to take advantage of the transition underway in the Australian market as investors assess the opportunities that have opened up since the lockdowns have ended. With hybrid work practices now commonplace, and our commitment to the decarbonisation of the built environment, there is an increasing demand for us to provide incisive and coherent solutions for our investors, tenants and other stakeholders.”
Michael Stratton, Co-Head of Australia at LaSalle Investment Management, said: “ The recent refocussing of global and local investor preferences such as the keen interest evident in the logistics sector plays to the strength and calibre of our Australian executive team based in Sydney. We are committed to identifying and completing significant opportunities in all asset classes that provide attractive risk adjusted returns for investors.”
About LaSalle Investment Management
LaSalle Investment Management is one of the world's leading real estate investment managers. On a global basis, we manage approximately $73 billion of assets in private equity, debt and public real estate investments as of Q2 2021. The firm sponsors a complete range of investment vehicles including open- and closed-end funds, separate accounts and indirect investments. Our diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. For more information please visit www.lasalle.com and LinkedIn.
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