News

  • July 29, 2022

    LaSalle’s 2022 Mid-Year ISA: Inflation, Sector Fundamentals Take Center Stage in North America

    CHICAGO (July 29, 2022) — Market direction and economic outlooks have shifted since the start of 2022, with elevated inflation, slowing economic growth, and higher interest rates impacting the real estate market. According to LaSalle’s 2022 Mid-Year Investment Strategy Annual (“ISA”), the overall market shifts are causing real estate investors to re-visit earlier strategies as they understand and react to higher inflation, the Fed’s and the Bank of Canada’s rapid interest rate increases to combat it, and global geopolitical and economic upheaval.  
  • July 28, 2022

    LaSalle Asia Venture Trust II exchanges on office building in Sydney

    SYDNEY (July 28, 2022) — LaSalle Asia Venture Trust II, a separate account managed by LaSalle Investment Management (“LaSalle”), has exchanged on a Grade A office building in Macquarie Park, Sydney.
  • July 26, 2022

    JLL Income Property Trust Acquires Retail Center in Durham, NC

    CHICAGO (July 26, 2022) — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.7 billion in portfolio assets and advised by LaSalle Investment Management, announced today the acquisition of Patterson Place a 25,000-square-foot retail center in Durham, North Carolina. The retail property is anchored by Duke Medical Plaza, which was recently acquired by JLL Income Property Trust. Patterson Place was acquired for approximately $14.5 million.
  • July 26, 2022

    Brian Klinksiek to Succeed Jacques Gordon as LaSalle Global Head of Research & Strategy

    CHICAGO, LONDON AND SINGAPORE (July 26, 2022) — LaSalle Investment Management (“LaSalle”) today announced that after 28 years of distinguished service and leadership of the Research & Strategy group at the firm, Jacques Gordon has confirmed he will retire from the business at the end of 2022 in to order pursue interests in higher education. He will remain as the Global Head of Research & Strategy through the remainder of this year, and will be succeeded by Brian Klinksiek, LaSalle’s current Head of European Research & Global Portfolio Strategies, effective 1 January 2023.
  • July 11, 2022

    LaSalle Debt & Value-Add Strategies continues strategic growth with key hires

    LONDON (July 11, 2022) — LaSalle Investment Management (“LaSalle”) has appointed Rosanna Phillips as Managing Director in its Debt Investments team and Kevin Kong as Director of Acquisitions for Value-Add Investments, adding to the continued growth and expansion of LaSalle Debt & Value-Add Strategies in Europe.
  • June 28, 2022

    LaSalle to develop Munich’s first hybrid timber office building in collaboration with ACCUMULATA

    MUNICH (June 28, 2022) — LaSalle Investment Management (“LaSalle”) will develop Munich’s first hybrid timber office building, in collaboration with ACCUMULATA Real Estate Group (“ACCUMULATA”). The building is being constructed on behalf of Encore+, LaSalle’s flagship pan-European fund.
  • June 27, 2022

    LaSalle E-REGI Fund completes first residential acquisition in Copenhagen

    COPENHAGEN (June 27, 2022) — LaSalle Investment Management (“LaSalle”) has completed the acquisition of a prime new-build residential asset in Frederiksberg (Copenhagen), on behalf of its open-ended pan-European LaSalle E-REGI fund.
  • June 23, 2022

    LaSalle appoints new Head of UK Commercial Asset Management and Head of Development & Repurposing for Europe

    LONDON (June 23, 2022) — LaSalle Investment Management (“LaSalle”) has promoted Katie Hynard and Marc Fauchille to Head of UK Commercial Asset Management and Head of Development & Repurposing, Europe, respectively.
  • June 10, 2022

    LaSalle Canada Property Fund and Manulife Investment Management Achieve LEED Platinum Certification for Maison Manuvie

    TORONTO (June 10, 2022) — LaSalle Investment Management (“LaSalle”) and Manulife Investment Management announced Maison Manuvie, a 485,000-square-foot trophy office asset in Montreal, has earned the prestigious LEED® Platinum v4.0 certification for Operations and Maintenance. Manulife, who developed the property in 2015, entered a partnership with LaSalle Canada Property Fund (“LCPF” or “the fund”) in 2021. The property is managed by Manulife Investment Management.
  • June 07, 2022

    LaSalle receives a resolution to grant planning permission from City for net-zero carbon redevelopment of One Exchange Square

    LONDON (June 07, 2022) — On behalf of Malaysian investor Permodalan Nasional Berhad (PNB), LaSalle Investment Management and development manager M3 Consulting have received a resolution to grant planning permission for the redevelopment of One Exchange Square in the City of London. The proposed scheme transforms an existing 1980’s commercial building into a vibrant new occupier focused Office and Retail destination.

Media Contacts