{"id":8497,"date":"2008-08-29T00:00:00","date_gmt":"2008-08-29T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"lasalle-raises-3-billion-asia-property-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2008\/lasalle-raises-3-billion-asia-property-fund.html","title":{"rendered":"LaSalle raises $3 billion Asia property fund"},"content":{"rendered":"<p>Reuters &#8211; LaSalle Investment Management has raised a $3 billion (1.64 billion pounds) &quot;opportunity&quot; fund for Asian property, saying it is interested in investing in Japan, China and South Korea.        <\/p>\n<p>The fund management unit of property services firm Jones Lang LaSalle said in a statement on Friday that the fund would use borrowing to boost its spending power to as much as $12 billion.<\/p>\n<p>The company told Reuters in June that it expects assets under management in Asia to double in the next three years from about $11 billion now.<\/p>\n<p>&quot;Asia remains a key strategic priority for our business and we have a very active plan to grow our operations in the region,&quot; LaSalle&#8217;s managing director Philip Ling said in the statement.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" height=\"1\" border=\"0\" width=\"1\" src=\"http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~4\/377856574\" \/><br \/>  <strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/feeds.feedburner.com\/~r\/reuters\/UKFundsNews\/~3\/377856574\/idUKORM92589320080829\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; LaSalle Investment Management has raised a $3 billion (1.64 billion pounds) &quot;opportunity&quot; fund for Asian property, saying it is interested in investing in Japan, China and South Korea. The fund management unit of property services firm Jones Lang [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[649,2419,678,803,117,507,1059,845],"class_list":["post-8497","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bridget","tag-contrary","tag-domicile","tag-external-managers","tag-investment-arm","tag-investment-group","tag-red-tape","tag-rough-price"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8497","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8497"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8497\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}