LaSalle IM Raises €170M For RE Fund

LaSalle Investment Management has launched a European fund.

LaSalle Investment Management has launched a European fund, PropertyEU reports. The E-Regi special fund has already raised about €170 million of equity from institutional investors and pension funds. The fund has a target a size of €230 million and will invest in commercial real estate assets. It will seek a 20% to 40% exposure to major German cities and an additional 20% to 40% to big cities in France.

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