LaSalle surpasses €700 million in European debt deployment in past year

LONDON (September 17, 2025) – LaSalle Investment Management (“LaSalle”), the global real estate investment manager, announces its two latest whole-loan investments secured against assets located in Italy and Germany, taking the firm’s gross loan commitments across Europe over the past 12 months to more than €700 million.

In Italy, LaSalle provided a whole loan to refinance a 260-unit flexible build-to-rent scheme in Milan, located 15 minutes from the city centre. The loan supports a high-quality, recently completed residential asset operated by Swiss living operator City Pop and owned by a joint venture between Harrison Street and Artisa Group. It offers strong sustainability credentials, having achieved LEED Gold certification and Italy’s first-ever Fitwel Design 2-star rating.

In Germany, LaSalle provided a development whole loan to finance the acquisition and construction of two Class-A logistics facilities owned by BGO. The sites are designed to be modern logistics assets with best-in-class specifications, located in strategic locations with strong connectivity in Cologne and Munich respectively. The project has already secured close to 50% pre-leasing, including a 15-year lease to a tenant establishing its German headquarters at the site.

This activity underlines the continued growth for LaSalle’s global real estate debt platform, supported by ongoing success in capital-raising, having brought in more than US $1.7 billion in the past year, across open-ended, closed-ended and custom account strategies.

David White, Head of LaSalle Real Estate Debt Strategies, Europe said: “These deals reflect the strength of the LaSalle Debt Investments platform, and our ability to support institutional borrowers with bespoke, flexible financing solutions across sectors and geographies. Looking ahead, we will continue to expand our presence in key urban markets, focusing on resilient sectors with an emphasis on high-quality assets and forward-looking fundamentals.”

“The deals also represent our ability to invest directly in the Italian market, paving the way for future collaboration with Harrison Street and Artisa Group, and a second time working with BGO as they grow their European logistics platform.”

ENDS

About LaSalle Investment Management | Investing Today. For Tomorrow.

LaSalle Investment Management is one of the world’s leading real estate investment managers. On a global basis, LaSalle manages US$84.9 billion of assets in private and public real estate equity and debt investments as of Q1 2025. 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.

For more information, please visit www.lasalle.com, and LinkedIn.

About LaSalle Debt Investments
LaSalle Debt Investments is part of LaSalle’s growing US$10 billion Debt and Value-Add Strategies platform in Europe and invests in a diverse range of real estate credit solutions – spanning senior loans, whole loans, mezzanine, development finance, corporate finance, NAV facilities and preferred equity – with significant experience across various sectors, geographies, deal sizes and capital structures. Since launching the business line in 2010, LaSalle has been one of Europe’s most active alternative real estate debt providers with a long track record of lending to best-in-class sponsors.

Since inception, commitments to LaSalle’s debt strategies in Europe have comprised Dutch (28%), German (28%), UK (12%), and other (32%) capital sources.