LaSalle Investment Management Raises Over $1.1B For New Fund


LaSalle Investment Management has raised over US$1.1 billion of equity for LaSalle Asia Opportunity V, exceeding the initial US$750 million target announced at the fund’s launch in August 2016. The fifth in LaSalle’s series of closed-end, pan-Asia real estate opportunistic funds, the new vehicle has secured total commitments of US$1.15 billion. Around 85% of the total is assigned to the fund and 15% is targeted for co-investments. The total capital was secured from 20 external institutional investors from Asia, Europe, …

LaSalle Investment Management Raises Over $1.1B For New Fund appeared first on China Money Network.


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