LaSalle Investment Management
Encyclopedia
LaSalle Investment Management ("LaSalle") is a investment management
firm specializing in real estate
. The firm is unique within the industry in that it invests solely in real estate and no other asset class.
LaSalle manages capital for institutions and private investors all over the world, investing in private and public real estate equity through a range of investment vehicles. LaSalle products include separate accounts, open and closed end funds, public securities, and entity level investments. LaSalle Investment Management’s client base includes public and private pension funds, insurance companies, governments, endowments and private individuals from across the globe.
LaSalle Investment Management is an independent subsidiary of Jones Lang LaSalle
(NYSE: JLL), a financial and professional services company specializing in real estate
.
, a British firm with origins dating back to 1783, and LaSalle Partners, an American company formed from a predecessor launched in 1968, in 1999. The respective fund management divisions merged to form LaSalle Investment Management.
LaSalle Investment Management is headquartered in the Aon Center
in Chicago, Illinois
, where Jones Lang LaSalle also serves as building manager. Sub-headquarters operate in London (covering the Europe, the Middle East and Africa
regional market) and Singapore (covering the Asia Pacific
regional market).
LaSalle Investment Management has nearly 700 employees in 16 countries worldwide. As of Q2 2012, LaSalle managed $47.9 billion of private and public property equity investments.
In 2011, for the fourth consecutive year, Jones Lang LaSalle has been named to the "World's Most Ethical Companies" list by Ethisphere Institute - a think tank dedicated to the sharing of best practices in business ethics, corporate social responsibility and sustainability.
LaSalle won a 'Performance Award' at the Investment Property Databank / Investment Property Forum Property Investment Awards 2011 in London.
FORTUNE magazine's list of "World's Most Admired Companies" recognizes companies for leadership in corporate reputations. Jones Lang LaSalle has been on the real estate industry list in 2008, 2009 and 2011. The list regularly rotates industry categories and the real estate category was suspended in 2010.
Sustainability must be integrated into the investment process in order to continue to meet LaSalle’s clients’ investment objectives. Understanding the environmental, social and economic complexities of responsible investment enhances LaSalle’s ability to evaluate investments, promote best practices in the management of properties and portfolios, and ultimately deliver superior performance to clients. LaSalle has designed internal policies and business practices around the globe in consideration for the social, environmental and economic impact of our operations.
In July 2009, LaSalle became a signatory as an Investment Manager to the United Nation’s Principles of Responsible Investment (UNPRI).
LaSalle is a charter member and the largest pilot participant in a project to create a standardized metric for carbon measurement by commercial real estate. The Greenprint Foundation is a consortium of leading firms in commercial real estate and is at the forefront of creating metrics to determine the environmental impact of commercial real estate.
Investment management
Investment management is the professional management of various securities and assets in order to meet specified investment goals for the benefit of the investors...
firm specializing in real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
. The firm is unique within the industry in that it invests solely in real estate and no other asset class.
LaSalle manages capital for institutions and private investors all over the world, investing in private and public real estate equity through a range of investment vehicles. LaSalle products include separate accounts, open and closed end funds, public securities, and entity level investments. LaSalle Investment Management’s client base includes public and private pension funds, insurance companies, governments, endowments and private individuals from across the globe.
LaSalle Investment Management is an independent subsidiary of Jones Lang LaSalle
Jones Lang LaSalle
Jones Lang LaSalle, Inc. is a multinational financial and professional services company specializing in real estate. Global headquarters are located in Chicago, with an operational remit covering the Americas regional market...
(NYSE: JLL), a financial and professional services company specializing in real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
.
History
Jones Lang LaSalle was formed by the merger of Jones Lang WoottonJones Lang LaSalle
Jones Lang LaSalle, Inc. is a multinational financial and professional services company specializing in real estate. Global headquarters are located in Chicago, with an operational remit covering the Americas regional market...
, a British firm with origins dating back to 1783, and LaSalle Partners, an American company formed from a predecessor launched in 1968, in 1999. The respective fund management divisions merged to form LaSalle Investment Management.
LaSalle Investment Management is headquartered in the Aon Center
Aon Center (Chicago)
The Aon Center is a modern skyscraper in the Chicago Loop, Chicago, Illinois, United States, designed by architect firms Edward Durell Stone and The Perkins and Will partnership, and completed in 1973 as the Standard Oil Building...
in Chicago, Illinois
Chicago
Chicago is the largest city in the US state of Illinois. With nearly 2.7 million residents, it is the most populous city in the Midwestern United States and the third most populous in the US, after New York City and Los Angeles...
, where Jones Lang LaSalle also serves as building manager. Sub-headquarters operate in London (covering the Europe, the Middle East and Africa
Europe, the Middle East and Africa
Europe, the Middle East and Africa, usually abbreviated to EMEA, is a regional designation used for government, marketing and business purposes...
regional market) and Singapore (covering the Asia Pacific
Asia-Pacific
Asia-Pacific or Asia Pacific is the part of the world in or near the Western Pacific Ocean...
regional market).
LaSalle Investment Management has nearly 700 employees in 16 countries worldwide. As of Q2 2012, LaSalle managed $47.9 billion of private and public property equity investments.
Awards
LaSalle Investment Management was named the best Property Manager of the Year at the European Pensions Awards 2011.In 2011, for the fourth consecutive year, Jones Lang LaSalle has been named to the "World's Most Ethical Companies" list by Ethisphere Institute - a think tank dedicated to the sharing of best practices in business ethics, corporate social responsibility and sustainability.
LaSalle won a 'Performance Award' at the Investment Property Databank / Investment Property Forum Property Investment Awards 2011 in London.
FORTUNE magazine's list of "World's Most Admired Companies" recognizes companies for leadership in corporate reputations. Jones Lang LaSalle has been on the real estate industry list in 2008, 2009 and 2011. The list regularly rotates industry categories and the real estate category was suspended in 2010.
Sustainability in Real Estate
LaSalle Investment Management recognizes that buildings have a major impact on our environment. LaSalle is committed to playing a role in addressing global environmental challenges through the investments we make on behalf of clients, as well as the firm’s day-to-day operations.Sustainability must be integrated into the investment process in order to continue to meet LaSalle’s clients’ investment objectives. Understanding the environmental, social and economic complexities of responsible investment enhances LaSalle’s ability to evaluate investments, promote best practices in the management of properties and portfolios, and ultimately deliver superior performance to clients. LaSalle has designed internal policies and business practices around the globe in consideration for the social, environmental and economic impact of our operations.
In July 2009, LaSalle became a signatory as an Investment Manager to the United Nation’s Principles of Responsible Investment (UNPRI).
LaSalle is a charter member and the largest pilot participant in a project to create a standardized metric for carbon measurement by commercial real estate. The Greenprint Foundation is a consortium of leading firms in commercial real estate and is at the forefront of creating metrics to determine the environmental impact of commercial real estate.