LaSalle closes fourth real estate debt fund at €1.1bn

LaSalle Investment Management exceeded its fundraising targets with its latest real estate debt fund, LaSalle Real Estate Debt Strategies IV (LREDS IV).

With the record-making €1.1 billion ($1.3 billion) fundraise, the firm's London-based European team now has over €4 billion in gross loan origination capacity in Europe with large buy-in from institutional investors around the world.

The fund is the largest in LaSalle’s Europe series and will provide capital solutions to institutional real estate sponsors across Europe in the form of whole loans and mezzanine debt in all . . .

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