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Lasalle Assumes Sole Management Of €1.8bn European Core Fund | News | Ipe Ra

by realassets.ipe.com posted 2months ago 22 views
Confirmation ends joint management of Encore+ with Aviva Investors. : LaSalle Investment Management has taken over sole management of the €1.8bn pan-European real estate fund Encore+. The open-ended core fund had been managed in conjunction with Aviva Investors since its inception in 2006, but in May it was announced that the joint venture would end. As part of the transaction, Aviva Investors also sold its global real estate multi-manager business to LaSalle. LaSalle said the investment strategy of Encore+ would remain the same, “actively managing” core continental European assets that can be improved.

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