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LaSalle Gets CA$350M Boost To Canadian Real Estate Fund

Law360 (August 16, 2018, 3:49 PM EDT) -- LaSalle Investment Management said on Thursday that its open-ended Canadian real estate fund has closed on CA$350 million ($265.8 million) to add to its seed portfolio that launched at the end of 2017.

LaSalle Canada Property Fund said it received investments from a multilateral government pension fund, a Europe-based financial institution and LaSalle Investment Management and its employees. The additional funding brings the total value of the fund to CA$1 billion since its launch in December.

"We are pleased with the strong institutional interest and capital-raising...
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