LaSalle launches fully integrated global real estate division

LaSalle Investment Management has launched LaSalle Global Partner Solutions (LaSalle GPS), a new fully integrated division dedicated to building robust, indirect investment portfolios by partnering with real estate operators across the world, following the closing of its acquisition of the real estate multi-manager business of Aviva Investors. The new platform will offer a range of opportunities across private, public, debt and equity segments through investment in third-party and in-house funds, joint ventures, co-investments and secondaries.

LaSalle GPS brings together under one umbrella the Aviva multi-manager indirect business, LaSalle’s existing European-based global indirect investment team, and its global strategic co-investment team based in Chicago. The combined business will have assets under management of nearly $10 billion across all geographies and risk profiles and a team of 40 investment professionals located in Chicago, New York, London and Singapore.