Sections

Lasalle launches e500m European property fund

Related Categories

EUROPE – Lasalle Investment Management (LIM)has launched its new €500m Euro Growth II fund, a real estate investment fund to be invested in properties across Western Europe.

The launch coincides with the recent senior appointments of Simon Morrison to LIM’s Paris office and David Ironside to its Munich office, as reported by IPE-Newsline.

The new fund, expected to have its first closing this Autumn, will be invested mainly in the Euro-zone countries of Belgium, France, Germany, Italy, the Netherlands and Spain.

The fund will be managed following a moderate risk, income and growth strategy and will take advantage of industry trends as identified by LIM. These include:

•the growing desire of corporations to sell non-care real estate assets
•a continued shortage of modern and efficient office, warehouse and retail space creating redevelopment opportunities
•growing cross border investment within Europe
•attractive yields relative to borrowing rates.


Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2444

    Asset class: Trade Finance.
    Asset region: Global.
    Size: USD 10m.
    Closing date: 2018-06-25.

  • QN-2452

    Asset class: Hard Currency.
    Asset region: Emerging markets.
    Size: USD 300 mil..
    Closing date: 2018-06-22.

Begin Your Search Here