LASALLE Investment Management's Australian operations have nearly doubled assets under management over the last 12 months.
LaSalle currently manages more than $2 billion in global property securities across
Underscoring this trend is data from the latest Mercer Performance Survey to April 30, 2007, showing the firm’s EQT SGH LaSalle Global Listed Property Securities Trust, a collaboration between SG Hiscock & Co. and LaSalle providing access to global real estate securities for Australian investors, has returned 33.5% per annum over the last three years, which is over three percent per annum ahead of benchmark UBS Global Investors Index.
LaSalle currently manage more than $US10 billion in property securities, with around half in global mandates. Australian and
“Due to strong macro factors and trends in fundamental recovery, securitisation growth and direct market investor demand, we believe the property securities markets are well positioned for strong returns going forward,” LaSalle’s head of client services David Quirk said.
Australian Property Journal
