LaSalle Investment Management

What LaSalle Investment Management does

LaSalle Investment Management is a global institutional real estate investment manager that operates as the investment management division of Jones Lang LaSalle Incorporated (NYSE: JLL). Founded as LaSalle Advisors in 1978 and tracing its heritage to 1968, the firm manages approximately $86.4-88.5 billion in assets under management across private equity, private debt, and public equity real estate strategies. It is headquartered in Chicago with offices in 22 cities across 13 countries spanning the Americas, EMEA, and Asia Pacific. Target clients are pension funds, insurance companies, sovereign wealth funds, and other institutional investors seeking core, core-plus, value-add, and debt exposure to real estate.

LaSalle's product platform spans open-end funds, closed-end funds (including LaSalle Value Partners IX and LaSalle Encore+), separate/custom accounts, co-investments and joint ventures, an open-ended real estate debt strategy, and the JLL Income Property Trust daily-NAV REIT. Sub-brands include the inaugural LaSalle Property Planet Protection Fund (Lp3F) global decarbonization vehicle. Distribution is relationship-led and direct: dedicated investor services teams and a Juniper Square-powered investor portal serve a global institutional client base, with JLL providing parent-level reach and shared research. Proprietary technology centers on a four-level ESG/sustainability due diligence process, climate action planning aligned with NZC/ULI Greenpoint, and integrated portfolio, sustainability, and client reporting systems rather than on AI-native or platform-software products.

Revenue is generated through three streams: recurring management fees charged in basis points on committed or invested capital across fund vehicles and separate accounts; performance fees and carried interest on value-add and opportunistic strategies that exceed defined hurdles; and professional-service asset management fees earned across office, retail, residential, industrial, and niche property sectors. LaSalle does not publish standalone revenue as it is consolidated into its publicly listed parent JLL; operating economics are anchored to AUM scale and the active management of real estate portfolios across multiple sectors and geographies.

Name

LaSalle Investment Management

Legal name

LaSalle Investment Management

Website

http://www.lasalle.com/Pages/default.aspx

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

501–1,000 employees

Short description

LaSalle Investment Management is a global institutional real estate investment manager and subsidiary of JLL, managing roughly $86-88 billion across private equity, debt, and public real estate strategies for pension funds, insurers, and sovereign wealth funds in 13 countries.

Ownership category

akta.pro rank

Product category

Real Estate Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259), Open-End Investment Funds (525910), Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (525990), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282), Real Estate Agents & Managers (For Others) (6531), Real Estate Investment Trusts (6798), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

akta.pro secondary industries

Real Estate Debt & Mortgage Strategies (FSAAAKAC), Real Assets — Real Asset Fund Platforms / Multi-Asset Real Assets (Diversified Real Assets Funds) (FSAHAIAM), Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA)

Keywords

• Real estate investment management
• Institutional asset management
• Private real estate equity
• Real estate debt lending
• Commercial property investing

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices22 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Management Fees: LaSalle generates revenue through management fees charged on assets under management, typically calculated in basis points on committed or invested capital across its fund and separate account vehicles
2. Performance Fees / Carried Interest: Value-add and opportunistic fund strategies generate performance-based fees when returns exceed defined hurdles
3. Asset Management Services: Active asset management services across office, retail, residential, industrial, and niche sectors generate fees for property management, leasing, and value enhancement

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

LaSalle Investment Management operates as a global real estate investment manager providing institutional investors with actively managed portfolios across private equity, private debt, and public equity real estate strategies. Investment products are distributed as commingled open-end and closed-end funds, separate accounts, co-investments, and a daily NAV REIT (JLL Income Property Trust), with active asset management services spanning office, retail, residential, industrial, and niche sectors across 22 cities in 13 countries.

Product overview

LaSalle Investment Management is a global real estate investment manager offering a comprehensive platform of investment products and services. The core investment offerings include Private Equity (funds and separate accounts), Private Debt (alternative lending solutions), Public Equity (publicly traded real estate securities), and LaSalle Global Solutions (indirect opportunities via co-investments, joint ventures, and fund-of-funds). Investment vehicles span Open-End Funds, Closed-End Funds, Individual Transactions, and Custom Accounts. The platform operates across Americas, EMEA, Asia Pacific, and Global strategies with risk profiles including Core, Core Plus, and Value-Add. Key named products include the LaSalle Property Planet Protection Fund (decarbonization fund), LaSalle Encore+ (European core plus), LaSalle Property Fund (US core), LaSalle Value Partners series, JLL Income Property Trust (daily NAV REIT), LaSalle Logiport REIT (Japan logistics), and various regional funds. Supporting services include full Asset Management capabilities covering the investment lifecycle. All data current as of December 31, 2025.

Differentiator

Problem solved

Functional benefit

Brands

• LaSalle Property Planet Protection Fund (Lp3F): LaSalle's inaugural global decarbonization fund targeting commercial real estate retrofits and upgrades to achieve 30% energy use intensity reduction. The fund secured $370M in initial commitments with a $500M target size.
• LaSalle Value Partners IX (LVP IX)
• JLL Income Property Trust
• LaSalle Encore+
• LaSalle Logiport REIT
• LaSalle Global Solutions

Products and services

• Private Equity Portfolios of actively managed real estate available as fund or separate account solutions for institutional investors.
• Private Debt Connecting real estate investors to capital borrowers, providing alternative lending solutions for equity sponsors in the United States and Europe.
• Public Equity Actively managed portfolios of publicly traded real estate securities for institutional investors.
• LaSalle Global Solutions Indirect investment platform allowing access to a range of opportunities including bespoke co-investments, joint ventures, fund-of-funds mandates, and commingled funds.
• Open-End Funds Commingled global and regional diversified private equity investment strategies for institutional investors.
• Closed-End Funds Commingled regional and sector-specific private equity and debt investment strategies with a set time horizon.
• Individual Transactions Opportunities for institutional investors to invest alongside LaSalle with a limited number of partners.
• Custom Accounts Bespoke separate account mandates tailored to specific investor requirements for large institutional clients.
• Asset Management Services Enhancing the value of clients' assets through acquisition underwriting, due diligence, annual forecasts, capital plans, construction management, leasing, maintenance, and disposition services across office, retail, residential, industrial, and niche sectors.
• LaSalle Property Planet Protection Fund (Lp3F) LaSalle's inaugural global decarbonization fund targeting deep retrofits, building upgrades, and ground-up development to achieve 30% energy use intensity reduction, targeting double-digit value-add returns.
• LaSalle Value Partners IX Closed-end, value-add investment strategy offering focused on student housing and other value-add opportunities.
• JLL Income Property Trust A daily NAV REIT traded on NASDAQ managed by LaSalle, managing approximately $6.9 billion in portfolio equity and debt investments across diversified property types.
• LaSalle Logiport REIT Japan-focused REIT launched to invest in the growing logistics market.
• LaSalle Encore+ European core plus fund, now fully owned by LaSalle after buying out Aviva Investors' stake.
• Affordable Housing Investment Strategy Investment strategy focused on federally subsidized affordable housing units including LIHTC and Project-Based Section 8 properties, targeting defensive cash flow with yield premiums over conventional apartments.

Quantifiable outcome

• Achieved five 5-star ratings in 2025 GRESB assessment across European, North American, and Asia Pacific funds
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• King Bridge PartnerscoreStrategic or Co-development Partner · 11 June 2026Joint venture partner with LaSalle Value Partners IX for acquisition of Red Cedar Flats student housing community near Michigan State University. LaSalle acquired the 190-unit, 436-bed property on behalf of the fund with King Bridge Partners contributing local market expertise.
• Clear Rock CapitalcoreStrategic or Co-development Partner · 11 June 2026Joint venture partner alongside King Bridge Partners in LaSalle Value Partners IX's first student housing investment. The partnership brings operational expertise to the 436-bed purpose-built student housing community in East Lansing, Michigan.
• University PartnerscoreStrategic or Co-development Partner · 11 June 2026Property management and co-asset management services provider for Red Cedar Flats student housing. University Partners brings specialized student housing operational expertise to maximize asset performance.
• Elevate CapitalminorStrategic or Co-development Partner · 19 January 2026Joint venture partner with LaSalle for acquisition of Raffles Education Square (Merchant Road property) for S$121.8 million. Transaction structured as joint bid with Elevate Capital.
• CortlandcoreStrategic or Co-development Partner · 8 January 2026$250 million co-investment alongside Cortland into a portfolio of 19 multifamily properties acquired for $1.6 billion. LaSalle's co-investment represents approximately 34% of the equity in the nearly 6,000 apartment unit portfolio across Atlanta, Washington D.C., and Northern Virginia.
• UDR, Inc.coreStrategic or Co-development Partner · 18 December 2025$230 million expansion of existing joint venture bringing total size to approximately $850 million. UDR contributed four apartment communities totaling 974 units in Portland, Orlando, and Richmond, generating approximately $200 million in cash proceeds for UDR.
• QuadReal Property GroupcoreStrategic or Co-development Partner · 3 December 2025Strategic partnership with QuadReal to recapitalize a $495 million US industrial portfolio comprising 11 assets totaling 3.3 million square feet across Georgia, Pennsylvania, New Jersey, Texas, and Washington. LaSalle acquired 49% interest while QuadReal retains majority ownership and management.
• Iconic EquitiesminorStrategic or Co-development Partner · 6 November 2025Co-development partner for Pineville Distribution Center, a 194,232-square-foot Class-A industrial facility in Charlotte, North Carolina. LaSalle invested alongside Iconic Equities and Shoreline Capital in the 15-acre development.
• Shoreline CapitalminorStrategic or Co-development Partner · 6 November 2025Co-development partner for Pineville Distribution Center alongside Iconic Equities and Overlook Ventures. The project is located at 10203 Pineville Distribution Street, the final undeveloped lot in the established Pineville Industrial Corridor.
• Overlook VenturesminorStrategic or Co-development Partner · 6 November 2025Co-development partner in Pineville Distribution Center joint venture. The 194,232-square-foot industrial facility is scheduled for delivery in mid-to-late 2026.
• Panattoni Development Company, Inc.minorStrategic or Co-development Partner · 31 October 2025Co-seller with MetLife of Seattle Gateway I and II industrial properties near SeaTac Airport. LaSalle acquired the $88.6 million industrial assets from Panattoni and MetLife.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• CBRE Investment Management: CBRE's investment management arm, formerly CBRE Global Investors, is one of LaSalle's closest direct peers. Both are global real estate investment managers with institutional client bases, multi-strategy offerings (core, value-add, debt), and global sourcing footprints built on top of a major real estate services parent.
• PGIM Real Estate: PGIM Real Estate is the real estate investment management arm of Prudential Financial, competing head-to-head with LaSalle across private real estate equity, debt, and securities strategies for pension, insurance, and sovereign wealth clients globally.
• Clarion Partners: Clarion Partners is a US-focused real estate investment manager owned by Legg Mason/Franklin Templeton, competing with LaSalle's value-add and core-plus strategies. Both serve similar institutional clients and overlap significantly in multifamily and industrial investment strategies.
• Nuveen Real Estate: Nuveen's real estate platform is a direct competitor with global reach across debt, equity, and securities strategies, targeting the same institutional investor base as LaSalle with overlapping fund structures and core-to-opportunistic risk profiles.
• Principal Real Estate Investors: Principal Real Estate Investors is one of the largest dedicated real estate investment managers, comparable to LaSalle in scale, strategy breadth, and institutional client focus. Both serve pension funds and insurance companies with core, value-add, and debt strategies.
• Heitman: Heitman is a global real estate investment manager with comparable institutional client base and strategies spanning private equity, debt, and securities. The firms compete directly for pension fund, insurance, and sovereign wealth mandates.
• AEW Capital Management: AEW Capital Management is a global real estate investment manager with overlapping strategies and institutional client focus. Both firms manage core, value-add, and debt vehicles for pension funds and insurance companies across US, European, and APAC markets.
• MetLife Investment Management (Real Estate): MetLife Investment Management's real estate platform is a major institutional real estate investor with core, debt, and securities strategies. They overlap with LaSalle in institutional separate accounts, core strategies, and global geographic exposure.

Broad incumbents

• Blackstone Real Estate: Blackstone is the world's largest real estate private equity platform and a dominant broad incumbent. While it operates at significantly greater scale than LaSalle, it competes for many of the same institutional mandates across debt, equity, and opportunistic strategies globally.
• Brookfield Real Estate: Brookfield's real estate business is a broad incumbent with global scale, public and private strategies, and deep institutional relationships that compete directly with LaSalle for sovereign wealth, pension, and insurance allocations across geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/lasalleim
• LinkedInlinkedin.com/company/lasalle-investment-management
• Instagraminstagram.com/lasallelife

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LaSalle Investment Management