LaSalle raises initial $681m for debut China logistics fund

LaSalle raises initial $681m for debut China logistics fund

Shanghai, China. Photo: Pen Tsai/unsplash

US-based real estate investor LaSalle Investment Management has so far raised $681 million for its debut China-focused logistics fund – LaSalle China Logistics Ventures LP – and its co-investment vehicle, according to media reports.

The China warehouse development and management fund was launched in 2019 and had secured $359 million in initial commitments, according to a filing with the US Securities and Exchange Commission.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter