Publications

Fundraising

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

LaSalle launches fifth Asia opportunity fund

by Andrea Waitrovich

LaSalle Investment Management has announced the launch of LaSalle Asia Opportunity Fund V with an expected fundraising target of $750 million and a hard cap of $1 billion.

LaSalle is targeting a first close of $300 million to $400 million in October and currently has a number of executed/pending commitments from existing institutional investors in North America and Europe.

LaSalle Asia Opportunity Fund V aims to take advantage of several growing trends in the Asian market including: solid growth in rents paired with potential capital value appreciation over the near term; varying market cycles which allow investors to diversify risk and return over the hold period; and finally, the rising demand for core assets.

Following the same value-add risk profile as its predecessor fund, LaSalle Asia Opportunity Fund V will seek to take advantage of mispriced assets with opportunities to add value via repositioning and redevelopment.

Target markets include Japan, A

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?