LaSalle Investment Management announced on Monday that it has entered into an agreement with the Teacher Retirement System of Texas (TRS) to invest an initial $205 mln (EUR 139.6 mln) in real estate opportunities in North America and, eventually, around the globe. The discretionary investment fund will be managed by LaSalle, a global real estate investment manager with $36 bn of assets under management.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
