LaSalle, Quantum Form $1B Real Estate Venture

Law360, New York (February 10, 2012, 4:00 PM EST) -- Swiss asset manager Quantum Global Real Estate and the investment arm of Chicago-based real estate services giant Jones Lang LaSalle Inc. have formed a joint venture to invest $1 billion in real estate across the world, the companies announced Friday.

The venture will target long-term investments in excess of $100 million, particularly in the mature real estate markets of Australia, France, Germany, the U.K. and the U.S., according to LaSalle Investment Management. The companies said they would seek to leverage their joint buying power in both...
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