LaSalle Investment Management successfully raises £238 million for LaSalle Residential Finance I (UK) LRF I offers APG access to a niche targeted market opportunity and the expertise and knowledge of LaSalle’s established UK property and European debt platform. The success of this venture could lead to a follow-on commitment, further increasing much needed debt investment in the UK property market. More »

Wells Fargo and LaSalle Investment Management provide £67 million to Blackstone (UK) In addition, LaSalle Investment Management’s Debt Investments Team provided £13.0 million (€15.3 million) in mezzanine financing to support the acquisition. Wells Fargo & Company (NYSE: WFC), the leading commercial real estate lender in the US, has provided £54. More »

LaSalle Investment Management to develop 84-bedroom hotel leased to Premier Inn (UK) The hotel will replace the Midland House office block. A planning... More »

LaSalle Investment Management acquires Airedale Center, West Yorkshire for £22 mln (UK) The Airedale Shopping Center, which opened in 1968, is a multi-let shopping center totaling 184,000 ft² (approx. 17,100 m²) The center comprises... More »

Goodman completes sale of First Point Burton (UK) The sale follows news in December that Goodman has leased the entire building to leading arts and crafts retailer Hobbycraft, agreeing a long term lease on the premises in one of the largest deals undertaken in recent months. More »

pbb Deutsche Pfandbriefbank provides a £106 million facility to Plaza Global Real Estate Partners (DE/UK) The loan will allow Plaza to refinance part of the initial acquisition of the prime office building located at 23 Savile Row, Mayfair, London. More »

LaSalle seals SoCo deal in Edinburgh (UK) The Cowgate fire originally attracted worldwide attention in December 2002 and since then complex negotiations between nine different owners and the economic downturn have delayed the site coming forward. More »

LaSalle completes £8.5 million purchase of London Works Estate, Barking (UK) The property benefits from a strong location, with prominent frontage on to the A13, and sits within Barking’s established industrial and trade district only nine miles from Central London. More »

British Land sells stake in £72 million Hercules Income Fund (UK) The transaction, which represents a total property value of £72 million (approx. 93 million) (British Land share £19 million) and net initial yield of 6. More »

LaSalle acquires two retail properties in Scotland for £58.6 million (UK) The store in Glasgow is located in the ‘Style Mile’ and is occupied by Nike, as a flagship store on a 15 year lease with an initial rent of £1. More »

LaSalle acquires Mercat Shopping Center from KPMG (UK) Mercat Shopping Center is a 200,000 ft² (18,580 m²) covered multi-let shopping center comprising of 62 retail units. More »

LaSalle acquires £12 million long leasehold interest for Coventry retail block (UK) The buildings, situated in a prime location in Coventry city center, are located on 41-47 The Precinct and 5-15 Market Way. More »

LaSalle agrees £4.7 million purchase of industrial site in Newbury (UK) The site, situated on Hambridge Road in Berkshire, was acquired from SEGRO and includes a 107,000 ft² (approx. 10,000 m²) single let B2 industrial unit. More »

LaSalle sells former B&Q HQ to Ageas (UK) The circa 90,000 ft² (approx. 8,400 m²) office building was formerly the headquarters of B&Q, which had occupied the premises since their construction in 1985. More »

LaSalle Investment Management funds The Quadrant, Stockwell, London (UK) The scheme, designed by TP Bennett, will total 258 en-suite cluster bedrooms and 70 studio units along with approximately 17,000 ft² (approx. More »

LaSalle Investment Management: Commercial property, mind the liquidity gap “Investors’ appetites grow and diminish. How and why this happens is a mysterious process in all asset classes. In property, talk of “risk-on” and “risk-off” can be heard from traders as a new year unfolds. More »

LaSalle completes sale of Wey Retail Park to ING for £12.85 mln. (UK) Located on the edge of the commuter town of West Byfleet, Wey Retail Park totals 35,760 ft² (3,310 m²), with tenants including Comet, Pets at Home, Paul Simon and Halfords. More »

LaSalle acquires Market Walk Shopping Centre in Newton Abbot (UK) Newton Abbot is a busy market town in South Devon, located between Exeter and Plymouth, and Market Walk is the town's only shopping center. More »

LaSalle completes purchase of two prime student accommodation blocks for £23.1 million (UK) Camden Court serves Northumbria University whereas Magnet Court, just 200 yards from Newcastle University’s new Business School under construction... More »

LaSalle acquires Pontarddulais Retail Park in Swansea (UK) The scheme consists of 80,000 ft² (approx. 7,400 m²) and is located four miles north west of the city center on the A483 Pontarddulais Road. More »