LaSalle Investment Management has received approval from the German Federal Financial Supervisory Authority (BaFin) for the formation of a capital investment company for specialist investment funds in Germany. Following the granting of the licence, the already existing LaSalle Vermögensverwaltungs will henceforth operate as LaSalle Investment Management Kapitalanlagegesellschaft (LaSalle KAG).
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
