The story
LaSalle Investment Management was formed in 1999, when the U.S. real estate investment firm LaSalle Partners merged with U.K.-based Jones Lang Wootton to create Jones Lang LaSalle (JLL). It was set up to function as a subsidiary of JLL that advises large institutions.
Since its inception, LaSalle has expanded from traditional commercial property development into specialized sectors including life sciences, data centers, self-storage, and student housing. The firm has also expanded its debt investment operations.
In 2018, LaSalle acquired Aviva Investors' real estate multi-manager business and subsequently launched LaSalle Global Partner Solutions. At this time, LaSalle was managing approximately $58 billion of assets globally. As of 2024, the firm manages about $88 billion in assets.
From Wikipedia’s article on LaSalle Investment Management, shared under CC BY-SA 4.0.4