LaSalle IM targets $750m for new Asia fund
The UK property asset manager has set a hard cap of $1 billion for LaSalle Asia Opportunity V, with the first close scheduled for October. It has already made an acquisition.
UK-based property specialist LaSalle Investment Management is targeting a first close of $300 million to $400 million in October and a final close of $750 million for its fifth Asia Opportunity fund. It has set a hard cap of $1 billion.
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