LaSalle Investment Management

LaSalle Investment Management is a global real estate investment management firm operating as an independent subsidiary of JLL. The company specializes in investing in real estate on behalf of institutional investors, including pension funds, endowments, and sovereign wealth funds. Headquartered in Chicago, Illinois, LaSalle maintains a significant global presence with offices in 24 locations across North America, Europe, and Asia, demonstrating a broad reach and local market expertise. The firm's global outlook is supported by its strong local presence in the markets where it operates, with employees based in 22 cities spanning 13 countries on four continents. This extensive network provides a degree of insight derived from on-the-ground perspectives in its investment locations.

The history of LaSalle Investment Management traces back to 1968 with the establishment of a small real estate firm in West Texas. Twelve years later, the firm launched its inaugural investment fund, marking the beginning of its expansion into a global leader in real estate investment management. A pivotal moment in the company's evolution occurred in 1999 when the U.S. real estate investment firm LaSalle Partners merged with U.K.-based Jones Lang Wootton, forming James Lang LaSalle (JLL). LaSalle Investment Management was subsequently established to function as a subsidiary of JLL, providing advisory services to large institutions. Over the years, LaSalle has expanded its operations from traditional commercial property development to encompass specialized sectors, including life sciences, data centers, self-storage, and student housing. The firm has also broadened its debt investment operations.

LaSalle Investment Management offers a comprehensive range of investment solutions across various real estate sectors. The firm's investment strategies include private equity, private debt, public equity, and indirect solutions such as co-investments, joint ventures, and fund-of-funds mandates. LaSalle's asset management team is dedicated to enhancing the value of client assets across major real estate sectors globally, including office, retail, residential, and industrial/logistics. Additionally, the company manages assets in emerging niche sectors, such as medical offices, long-term care facilities, leisure centers, and hotels. As of December 31, 2025, LaSalle manages approximately $86.9 billion in assets globally. The firm's diverse client base includes public and private pension funds, insurance companies, sovereign wealth funds, endowments, corporations, and private individuals worldwide.

LaSalle Investment Management has demonstrated a notable interest and expertise in the purpose-built student accommodation (PBSA) sector. The firm has actively expanded into specialized sectors, including student housing, since its inception. In the UK, LaSalle Investment Management oversaw the completion of a 328-bedroom student accommodation complex in London, known as The Quadrant, which was ready for the 2013/14 academic year. This acquisition, valued at UK£32 million, was made on behalf of an institutional client and highlighted the firm's interest in the student sector as a source of secure, predictable income streams underpinned by strong occupier demand. Furthermore, LaSalle has been active in the Spanish market, extending a €20.5 million development loan for a 360-bed PBSA in Granada. The firm's European value-add investments platform specifically focuses on student housing, among other sectors. LaSalle and Urbania also launched a strategic Spanish living joint venture in 2024 to develop living assets, with a Barcelona student residence representing the first asset successfully developed and exited under this partnership. This Barcelona PBSA, opened in September 2025, features 610 en-suite single rooms and extensive communal areas. The company's debt and special situations team has also committed over £400 million to student accommodation lending across its strategies, including facilities for portfolios in Madrid, Barcelona, and Seville. The firm's commitment to Continental Europe through its LaSalle Residential Finance Europe programme aims to solidify its position as a market leader in debt investment for bed-based sectors like student accommodation.

LaSalle Investment Management emphasizes insight-driven research, the intelligent use of technology, and sustainable building practices in its investment approach. The firm's Investment Strategy Annual provides detailed insights into global real estate markets, guiding its investment decision-making process. The company's global platform and diverse product offerings across multiple markets position it for continued growth and aim to meet client expectations. The firm's commitment extends to considering societal and environmental goals alongside traditional financial targets in its real estate investments.