LaSalle Investment Management's Canadian property fund exceeds $1 billion

1 minute read
15 August 2018

On Aug. 15, 2018, LaSalle Investment Management, Inc. ("LaSalle") announced that LaSalle Canada Property Fund ("LCPF"), the firm's flagship open-ended core real estate fund in Canada, had secured up to $350 million of new capital commitments to add to its initial seed investment and launch in December, 2017. The new commitments combined with the contribution associated with the seed portfolio reflect a total gross asset value capacity to exceed $1 billion since LCPF's launch.

LaSalle, one of the world's leading real estate investment managers, is a wholly-owned, operationally independent subsidiary of Jones Lang LaSalle Incorporated (NYSE: JLL), one of the world's largest real estate companies.

Gowling WLG has been counsel both to LaSalle and to LCPF with respect to the fund's launch and throughout its continued growth with a team that includes Robert Hull, Edward Johnston, Ash Gupta, Michael Bussmann, Sachin Seth and Leslie Blumer. 

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