LaSalle sees high demand for development funding

LaSalle Investment Management (LaSalle) is seeing increased demand for development financing with banks still reluctant to commit fully to the property sector following the financial crisis. The global real estate investment manager has moved to close the gap in development financing with a series of deals worth almost £100 mln (EUR 115 mln) in the last six months and believes that this is an indication of the growing confidence in the market among some developers.

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