Real Estate
LaSalle Asia Opportunity V will provide buying power for around $3.3bn worth of assets. : LaSalle Investment Management’s Asia-Pacific opportunistic real estate fund has exceeded its fundraising target by raising $1.15bn (€932.2m). The capital raised for LaSalle Asia Opportunity V (LAO V), which was launched in 2016, will provide buying power for around $3.3bn worth of assets. In August last year, LaSalle said it raised $335m for LAO V and increased its target size from $750m to $1bn. LaSalle said the total equity was raised from 20 external institutional investors from Asia, Europe, the Middle East and the US.

In this article