News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

LaSalle moots IPO for $6bn Asia reit

LaSalle Investment Management, a division of US real estate firm Jones Lang LaSalle, is mulling an initial public offering of its Asian assets which are now worth $6bn (€4.3bn).

LaSalle announced a $15bn property spree in Japan, China and South Korea over the next three to five years. It will be the latest company to invest in Asia's bubbling property market.

WSJ Logo