- February 1, 2012: Vol. 6, Number 2

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LaSalle Buys UK Office Block


LaSalle Investment Management has acquired a 7,230-square-metre office property in the United Kingdom from Invista for £21.8 million (€26.4 million). The class A office property, 3 Furzeground Way, is located in Stockley Park, Uxbridge. Stockley Park is a business park with 160,000 square metres of office accommodation in 26 buildings.

Tenants in 3 Furzeground Way include IBM, Toshiba, Otsuka Pharmaceuticals, Havi Global Solutions, Nobel Biocare and the Canadian High Commission.

In other news, LaSalle has acquired a 7,400-square-metre retail park in Swansea from Aegon UK Property Fund. The Pontarddulais Retail Park was acquired on behalf of BAE Systems 2000.


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