LaSalle set to launch $1b debut China logistics fund: Report

US-based real estate investor LaSalle Investment Management is set to launch its debut China-focused logistics fund with a target to raise about $1 billion, according to a PERE report on Thursday.

The fund, which is expected to hit the market towards the end of this year, will be the first dedicated logistics vehicle from the Chicago-headquartered investment manager which has so far invested in the logistics space in China via partnerships or other funds.

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