LaSalle Launches Japan private open-ended core RE fund

LaSalle Investment Management has launched the LaSalle Japan Property Fund, a private open-ended core real estate fund. The fund invests in core properties in Japan and launched with JPY 61bn ($560m) of initial equity commitments from Japanese investors along with loans extended by major Japanese financial institutions. The initial portfolio includes six assets that have been selected based on LaSalle's Research and Strategy framework of Demographic, Technology and Urbanization (DTU), for a...