LaSalle raises further €300m for whole loan platform

LaSalle Investment Management has raised a further €300m for its whole loans programme launched last year. The company set up its €600m Whole Loan Strategies platform in May 2019, to make loans of between €25m and €100m-plus against real estate in Western Europe and the Nordics. Richard Craddock, managing director at LaSalle Investment Management, said: “With an additional €300m raised for the Whole Loan Strategies programme, we see a range of compelling opportunities to continue deploying capital throughout continental Europe.” Since the top-up funding was secured, the company has backed a self-storage joint venture between Carlyle Group and Safestore Holdings to finance the acquisition and capital expenditure of six properties in Belgium from self-storage business Lokabox. To send feedback, e-mail tim.burke@egi.co.uk or tweet @_tim_burke or @estatesgazette