19 May 2017
Toronto
Reporter: Theo Andrew
LaSalle hires Chris Lawrence as portfolio manager
LaSalle Investment Management has hired Chris Lawrence as portfolio manager for its Canadian income and growth (CIG) funds.

Based in Toronto, Lawrence will be responsible for the investment strategy and transactional execution for LaSalle’s closed-end, value-add funds.

Lawrence will have oversight of CIG funds III and IV, and lead the launch of fund V once fund IV is fully invested.

Since the founding of CIG in 2003 it has raised four funds, investing more than CAD 2 billion (USD 1.47 billion) in real estate assets, with plans to grow its product offering and client relationships, according to LaSalle.

Working closely with Zelick Altman, executive chairman of Canada LaSalle and CIG president, Lawrence will report to John McKinlay, CEO of LaSalle Canada.

Lawrence joins with 30 years of real estate investment experience, spending 12 years at Bentall Kennedy Canada, most recently as executive vice president.

McKinlay said: “As our business in the region continues to progress, we felt it was important to bolster our management structure to support this ongoing growth and evolution. Chris Lawrence will be a critical driver of investment performance for our Canada business.”

More news
The latest news from Real Estate Investment Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Joint venture buys Seattle Facebook office
24 May 2017 | Seattle | Reporter: Theo Andrew
Commerz purchased its stake in the 32,000-square metre office building for its open-ended real estate fund hausInvest
CPPIB’s real assets investment hits $73.1 billion
23 May 2017 | Toronto | Reporter: Theo Andrew
The pension fund ended the fiscal year with net assets of CAD 316.7 billion, a CAD 37.8 billion increase on 2016
Schroder and IED acquire Seville shopping centre
23 May 2017 | Seville | Reporter: Theo Andrew
Schroder purchased 50 percent of the asset for its European Real Estate Investment Trust (SEREIT), reflecting a net initial yield of 6.2 percent
Benson Elliot announces executive shake-up
23 May 2017 | London | Reporter: Theo Andrew
Mogull was previously managing partner, and Barrigan held the title of senior partner. The pair launched the company in 2006.
Barings kick starts global brand Initiative
23 May 2017 | London | Reporter: Theo Andrew
The central theme, ‘Adaptability - the new look of partnership’, is intended to highlight the opportunities Barings offers across liquid and illiquid assets globally
M&G bags Berlin office asset for €94.1 million
22 May 2017 | Berlin | Reporter: Theo Andrew
Located in Berlin’s Wilmersdorf district and recently refurbished, the property’s tenants include the Institute for Federal Real Estate and Paypal
New York leads way in global construction price rise
22 May 2017 | New York | Reporter: Theo Andrew
The survey, which compiles data from Turner & Townsend in 43 global markets, also found that construction costs are set to increase on average by 3.5 percent in 2017