LaSalle signals intent to grow its residential exposure with two high profile hires

LONDON January 16, 2015 - LaSalle Investment Management has strengthened its residential fund management team with two new senior appointments signalling its intent to expand its activity in this increasingly important sector.

LaSalle is planning to invest £400m into the residential sector over the next two years on behalf of existing clients and other institutional capital.
Andrew Stanford joins as Residential Fund Manager in April 2015 from specialist residential and mixed-use property consultancy Stanford Mallinson, which he founded and where he is Managing Director. Andrew is currently seconded to the Department for Communities and Local Government as head of the Government’s Private Rented Sector Taskforce where he is charged with kick-starting the build to rent market in the UK.
As LaSalle’s Residential Fund Manager, Andrew will be responsible for developing and implementing LaSalle’s UK residential strategy, including strategic planning, acquisitions and disposals, asset management initiatives and fund performance. Tom Henry also joins LaSalle as Director of Residential Transactions in February from JLL, where he is currently head of PRS investment. Tom established JLL’s dedicated PRS team in 2012. The team has since advised on more than £700m of PRS and Build to Rent transactions.As Director of Residential Transactions, Tom will be responsible for the implementation of LaSalle’s UK residential property acquisition strategy on behalf of its investment vehicles and other UK separate account mandates.
Alan Tripp, UK Managing Director, LaSalle Investment Management, said: “Socio-economic and demographic trends are increasing demand for high quality, purpose built private rented housing. This coupled with the attractive long-term real returns that the private rented sector can offer creates a compelling case for investment. As a result, we believe that residential will become an increasingly significant part of institutional investors’ portfolios. Andrew and Tom are both recognised industry experts and have a detailed understanding of the key drivers of residential investment performance, so are well placed to lead our expansion into the sector.”
Andrew Stanford said: “I am looking forward to the new challenge of developing LaSalle’s UK residential investment strategy. Momentum in the private rented sector has increased significantly and investors are now identifying residential as an integral component of any portfolio.”
Tom Henry said: “The Private Rented Sector is now gaining real momentum and I am excited to be joining LaSalle at a time when we can take advantage of the growing number of opportunities in this sector.”
Andrew Stanford is also a non-executive board member of Orbit Group Limited, the UK’s tenth largest Housing Association. Prior to founding Stanford Mallinson in 2011, he worked for Cluttons where he became one of the firm’s youngest ever equity partners and Head of the Residential Consultancy division.
Tom Henry started his career at Montagu Evans before joining JLL’s residential valuation team in 2005 where he rose to Director. He completed his MSc in Land Management at the University of Reading and holds a law degree from Durham University.

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 $60.5 billion as of Q3 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

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